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Real Reality
Joined: 10 Jan 2003
Location: Seoul
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 Posted: Thu Aug 30, 2007 3:04 am Post subject: Monthly Salary Info: Bachelor 3 million, Master's 4 million |
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More Education Means More Pay
By Kim Sung-jin, Korea Times (December 12, 2005)
http://www.koreatimes.co.kr/www/news/nation/news_view.asp?newsIdx=2773192
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| The monthly pay of workers with bachelor's degrees averaged at 3 million won during the nine months to September, while that of workers with the same length of service but with only high school diploma stood at 2.06 million won. The average monthly wage earned by those who completed university grew 3.9 percent from 2.89 million won last year and those with high school diploma grew 3.4 percent from 1.99 million won. Those with a master's degree or doctorate earned 4 million won a month on average, nearly double the monthly income of those who held high school diploma as their highest education, reflecting that higher education results in higher lifetime income. |
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DCJames
Joined: 27 Jul 2006
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| Posted: Thu Aug 30, 2007 4:39 am Post subject: |
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| and your point is? |
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Billy Pilgrim
Joined: 08 Sep 2004
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| Posted: Thu Aug 30, 2007 4:54 am Post subject: |
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| DCJames wrote: |
| and your point is? |
I'm not sure RR even knows anymore. |
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Ilsanman
Joined: 15 Aug 2003
Location: Bucheon, Korea
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| Posted: Thu Aug 30, 2007 4:56 am Post subject: |
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| I take it this means Koreans. Not many English teachers make that much without doing privates. |
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chriswylson
Joined: 20 Feb 2007
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| Posted: Thu Aug 30, 2007 6:33 am Post subject: |
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"Those with a master's degree OR DOCTORATE earned 4 million won a month on average"
Why do you always need to twist the facts, RR? Do you also include all the MA and PhD holders working part-time or who are unemployed? |
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TECO
Joined: 20 Jan 2003
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| Posted: Thu Aug 30, 2007 10:48 am Post subject: |
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I know a PhD teaching at a National university in Korea making 2.2 million won a month. No housing.
RR, would this be a bona fide faculty position?
I know guys making 3 million or 4 million at other universities, with housing or a subsidy for housing.
Why such dispairty in salaries between university salaries in Korea - is it because each university can decide their own contract terms without interference from the MoE? |
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marlow
Joined: 06 Feb 2005
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| Posted: Thu Aug 30, 2007 5:10 pm Post subject: |
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| Guess I'm overpaid for only having a bachelor's. |
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Real Reality
Joined: 10 Jan 2003
Location: Seoul
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| Posted: Fri Aug 31, 2007 1:42 am Post subject: |
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| TECO wrote: |
I know a PhD teaching at a National university in Korea making 2.2 million won a month. No housing.
RR, would this be a bona fide faculty position?
I know guys making 3 million or 4 million at other universities, with housing or a subsidy for housing. Why such dispairty in salaries between university salaries in Korea - is it because each university can decide their own contract terms without interference from the MoE? |
It does seem that each university can decide their own contract terms. The Ministry of Education and Human Resource Development have an extremely low suggested pay scale for national universities. Private universities are allowed more freedom to set pay scales for Korean and foreign professors. The university president (or employer) may also adjust or extend the hours. Nine teaching hours per week is the standard for full-time professors.
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| Regular professors work about 6 - 9 hours a week,... |
Two Thousand Two Hundred Sixty-eight Non-tenure Track Professors on the Edge. Donga.com (October 18, 2006)
http://english.donga.com/srv/service.php3?biid=2006101884668
This website offers some salary and job information.
http://know.work.go.kr/know
College Professor: Annual Average Wage: 69,070,000 won
http://know.work.go.kr/know/sub4/result_0.asp?search_code=04111&search_name=인문계열교수
Foreign Language Teacher: Annual Average Wage: 36,640,000 won
http://know.work.go.kr/know/sub4/result_0.asp?search_code=04518&search_name=외국어교사 |
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pest2
Joined: 01 Jun 2005
Location: Vancouver, Canada
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| Posted: Fri Aug 31, 2007 2:44 am Post subject: |
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| Ilsanman wrote: |
| I take it this means Koreans. Not many English teachers make that much without doing privates. |
If you factor the additional 300,000 per month for rent, some people (like me) get paid that. And we're English teachers in korea, afterall.. so we dont work as hard or long as those who are chained to their country here. |
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Freakstar
Joined: 29 Jun 2007
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| Posted: Sat Sep 01, 2007 1:30 am Post subject: |
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So on average, Koreans with a BA earn 3 million won a month and Koreans with an advanced degree earn 4 million won a month?
So if a waygookin with only a BA is making about 4 million won a month, he's not doing so bad, is he? |
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shaunew
Joined: 17 Apr 2007
Location: Calgary
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| Posted: Sat Sep 01, 2007 6:15 am Post subject: |
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| What about a waygookin makin 6 million a month on a B.A. I'm looking pretty damn good. |
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cdninkorea
Joined: 27 Jan 2006
Location: Seoul
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| Posted: Sat Sep 01, 2007 8:53 am Post subject: |
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| shaunew wrote: |
| What about a waygookin makin 6 million a month on a B.A. I'm looking pretty damn good. |
Yeah, you shutup.
(  ) |
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Cheonmunka
Joined: 04 Jun 2004
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| Posted: Sat Sep 01, 2007 1:47 pm Post subject: |
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| Does that come from private lessons within a lucrative neighborhood? Or do you run a business? |
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