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Untold riches...
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Mikeylikesit114



Joined: 21 Dec 2007
Posts: 129

PostPosted: Sun May 10, 2009 4:00 am    Post subject: Untold riches... Reply with quote

For all the posters who are being convinced to take positions offering minimal salaries because "the average Chinese person (or teacher) only makes (blah blah blah), well, I have some news for you.

My boss, a dean at a PUBLIC University, makes a million RMB per year. Another dean in our department just bought an 8 million RMB villa and a 1.5 million luxury SUV. He paid for both in full, with no loans.

Cheers and beers to those underpaid academics in their ivory towers.
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evaforsure



Joined: 26 Jun 2004
Posts: 1217

PostPosted: Sun May 10, 2009 4:17 am    Post subject: Reply with quote

the question now .. "wot do u make?"
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Mikeylikesit114



Joined: 21 Dec 2007
Posts: 129

PostPosted: Sun May 10, 2009 4:20 am    Post subject: Reply with quote

Not enough. Yet.
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evaforsure



Joined: 26 Jun 2004
Posts: 1217

PostPosted: Sun May 10, 2009 5:13 am    Post subject: Reply with quote

aint that the truth....
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The Ever-changing Cleric



Joined: 19 Feb 2009
Posts: 1523

PostPosted: Sun May 10, 2009 7:06 am    Post subject: Reply with quote

@ 2000 RMB/Mo it would only take you 4000 months to buy your own villa. Of course, when you finally buy your villa in the 25th century, the price might have gone up.
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eddy-cool



Joined: 06 Jul 2008
Posts: 1008

PostPosted: Sun May 10, 2009 7:22 am    Post subject: Re: Untold riches... Reply with quote

Mikeylikesit114 wrote:
For all the posters who are being convinced to take positions offering minimal salaries because "the average Chinese person (or teacher) only makes (blah blah blah), well, I have some news for you.

My boss, a dean at a PUBLIC University, makes a million RMB per year. Another dean in our department just bought an 8 million RMB villa and a 1.5 million luxury SUV. He paid for both in full, with no loans.

Cheers and beers to those underpaid academics in their ivory towers.


What does it matter to us whether our employers are fat cats? Nothing, zero, zilch, nought - so long as we get still paid, get paid decent wages by local standards (apparently alluring enough to attract plenty of 'academics' (? Really?) from New World countries.

My salary is excellent enough to pay for my needs, to subsidise my wife's special desires (that includes a car), to service a mortgage, to pay for a two-month summer holiday overseas with Mrs Cool.

I happen to know that my students' parents don't pay that much tuition as your post suggest your students pay to their university leaders and professors.

My students for example rack their brains on how to pay for a lunch costing more than 5 kuai.
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evaforsure



Joined: 26 Jun 2004
Posts: 1217

PostPosted: Sun May 10, 2009 8:36 am    Post subject: Reply with quote

Mr.Cool..his post was addressed to those who are convinced to take lesser pay and who do not perceive their pay to be adequate..


Quote:
For all the posters who are being convinced to take positions offering minimal salaries


I would suppose that his message was the same as Public Enemy (with (Terminator X of course)


"Don�t believe the hype"
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Hansen



Joined: 13 Oct 2008
Posts: 737
Location: central China

PostPosted: Sun May 10, 2009 12:47 pm    Post subject: Reply with quote

OP, Would you like to give us an accounting of where the money comes from? Definitely not his salary. I have heard of people paying as much as a quarter of a million to somebody for a job at a government school. If it is just one person getting the money, he would only have to sell four jobs a year to make a million. It's unlikely that he could do that every year, however.
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AlexB



Joined: 06 Jan 2008
Posts: 28

PostPosted: Sun May 10, 2009 5:01 pm    Post subject: Reply with quote

Is it all that surprising for a dean to make a million a year? Just this morning a job advert landed in my inbox for a lecturship at the University of Nottingham, Ningbo offering a maximum salary of GBP 50,569 plus accommodation allowance - or RMB520,568.14 on today's exchange rates. That's just for a lecturer. Granted Nottingham Ningbo might be a special case with its links to the UK university, but if that's what a lecturer there can make, what sort of salaries are you expecting a dean to take?

Want to make some money teaching in China? Get up off your ass and get properly qualified and experienced in a specific disipline then work your way up the university ladder - comparing an ESL teachers wage to that is all but irrelevant
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Mikeylikesit114



Joined: 21 Dec 2007
Posts: 129

PostPosted: Tue May 12, 2009 10:11 am    Post subject: Reply with quote

Hansen:

Yep, his salary is a cool million. Full professors here make about half of that. The villa guy runs the executive education program here, which is our moneymaker.
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eddy-cool



Joined: 06 Jul 2008
Posts: 1008

PostPosted: Tue May 12, 2009 2:44 pm    Post subject: Reply with quote

Could you, Mickey114, name the employer that fattens its deans and professors to such an indecent extent? They wonh't mind being mentioned publicly, I am sure, as they will gladly enroll more students that help keep the roubles rolling in.

I am also sure that your dean has an educational background that puts him in the driver's seat - while you remain a passenger.

Where I work, even professors make no more than the lowest of the laowai teachies. In fact, our principals earn a good deal less than us.
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The Great Wall of Whiner



Joined: 29 Jan 2003
Posts: 4946
Location: Blabbing

PostPosted: Fri May 15, 2009 6:20 am    Post subject: Reply with quote

Hansen wrote:
OP, Would you like to give us an accounting of where the money comes from? Definitely not his salary. I have heard of people paying as much as a quarter of a million to somebody for a job at a government school. If it is just one person getting the money, he would only have to sell four jobs a year to make a million. It's unlikely that he could do that every year, however.


Money comes from many sources in any management and/or government position in China. Schools are no exception.

Example of two very good Chinese friends of mine:

1. Building safety inspector:

Apart from from getting taken out by contractors and builders on a regular basis, he recieves many red envelopes and other in-kind gifts and benefits throughout the year, not only during Spring Festival. In 2007, these totalled over 200,000 RMB. His salary was just over 3,000 RMB a month.

2. Public school teacher:

She recieves many gifts and red envelopes throughout the year to help certain students either get into the school of the parents' choosing, or helping certain kids pass a vital exam. This also includes giving special attention to the "annointed" children, having them sit in strategic locations in the classroom, be appointed class monitor or some other citation for good work. It included reference letters with her stamp on it and it also includes after school special tutoring and exclusive access to the best math teachers in town and that white monkey friend of hers.

100,000+ RMB extra a year, on top of a salary of 5,500RMB.


As for Deans getting extra money, just do the math. In a popular school that is a "must" to get into, parents can pay the Dean extra money to make it happen. My building inspector friend paid 20,000RMB to ensure his daughter got into the "best" high school--NOT college, but high school. Imagine a hundred parents paying this to the Dean?
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fat_chris



Joined: 10 Sep 2003
Posts: 3198
Location: Beijing

PostPosted: Fri May 15, 2009 6:44 am    Post subject: Reply with quote

The Great Wall of Whiner wrote:
As for Deans getting extra money, just do the math. In a popular school that is a "must" to get into, parents can pay the Dean extra money to make it happen. My building inspector friend paid 20,000RMB to ensure his daughter got into the "best" high school--NOT college, but high school. Imagine a hundred parents paying this to the Dean?


BINGO! This seems to be the most likely reason that a Dean at a public university could easily shell out 9.5 million RMB for a villa and an SUV. He most likely receives a lot of unreported money from a lot of different sources in addition to his modest salary from the university.

Is he a Communist Party member? Is he a high-ranking local Communist Party member? Cha-ching, cha-ching, money in the bank.

Agreed though, Mikeylikesit114, that tired old line of "well, local costs are cheap, so 3,000 or 3,500 or 4,000 RMB will take you far and the average Chinese doesn't make this much" is just that...tired and old. My response? I'm not an average Chinese.

Regards,
fat_chris
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fat_chris



Joined: 10 Sep 2003
Posts: 3198
Location: Beijing

PostPosted: Fri May 15, 2009 6:47 am    Post subject: Reply with quote

Mikeylikesit114 wrote:
Hansen:

Yep, his salary is a cool million. Full professors here make about half of that. The villa guy runs the executive education program here, which is our moneymaker.


Is that the annual salary? Full professors making 500,000 RMB annually? Hmm... Again, I think a lot of that could be unreported income from a lot of different sources... a little bit of this, a little bit of that, a little bit of hustling...

Regards,
fat_chris
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Hansen



Joined: 13 Oct 2008
Posts: 737
Location: central China

PostPosted: Fri May 15, 2009 8:13 am    Post subject: Reply with quote

Any one can come here and report many things. For instance, when Gong Li was younger, shortly after her relationship with a certain director had ended, I met her in an art gallery in the Peninsula Hotel in Hong Kong. She was trying to make a decision about a couple of pictures she liked.

Since I had some knowledge of art, having previously worked for an exclusive gallery in Los Angeles, I was invited to offer my opinion by the galley worker, who was a friend of mine. I made a few observations, which Gong Li appreciated, and I went on my way.

Later, she came into the bar where I was waiting for my friend from the gallery. She sat in a booth in a private area. A bar worker came over and said Ms Gong had invited me to join her in her booth. I ordered a nice bottle of sherry and joined her.

She thanked me for helping her make her decision about the pictures. We talked a bit, had a few glasses of sherry, and I smoked my pipe. She enjoyed the fragrance of the tobacco very much. It was a fine aromatic known as "deacon's downfall." I had brought it to China from California.

Well, yes, she invited me to her room and I spent not only the night, but a few days with her. She is even more beautiful than the sultry singer in Shanghai Triad.

Anyone believe that?
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