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What is your overtime rate?
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Join Me



Joined: 14 Jan 2008

PostPosted: Wed Feb 20, 2008 6:52 am    Post subject: What is your overtime rate? Reply with quote

What does your employer pay you per hour for overtime?

I am curious what is th average for my next contract. Let me know your base monthly salary and overtime rate if you decide to help me out.

Thanks
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PRagic



Joined: 24 Feb 2006

PostPosted: Wed Feb 20, 2008 6:54 pm    Post subject: Reply with quote

I was wondering when this topic would pop its ugly little head up again. Overtime rates are probably one of my biggest pet peeves about working in Korea.

As it stands now, the system is just a way for the employer to get around hiring additional staff. There are a couple of universities that pay a fair overtime wage, but mine isn't one of them!
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marlow



Joined: 06 Feb 2005

PostPosted: Wed Feb 20, 2008 7:31 pm    Post subject: Reply with quote

40,000 won
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nomad-ish



Joined: 08 Oct 2007
Location: On the bottom of the food chain

PostPosted: Wed Feb 20, 2008 7:32 pm    Post subject: Reply with quote

my OT is 25,000 in the contract....
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Juregen



Joined: 30 May 2006

PostPosted: Wed Feb 20, 2008 7:44 pm    Post subject: Reply with quote

PRagic wrote:
I was wondering when this topic would pop its ugly little head up again. Overtime rates are probably one of my biggest pet peeves about working in Korea.

As it stands now, the system is just a way for the employer to get around hiring additional staff. There are a couple of universities that pay a fair overtime wage, but mine isn't one of them!


Isn't that always the case?

Some people don't mind doing extra hours, cause they have the time to do it ... Teachers are in short supply as it is, so why not overtime?
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thegadfly



Joined: 01 Feb 2003

PostPosted: Wed Feb 20, 2008 8:21 pm    Post subject: Reply with quote

30,000 won an hour.
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yingwenlaoshi



Joined: 12 Feb 2007
Location: ... location, location!

PostPosted: Wed Feb 20, 2008 9:18 pm    Post subject: Reply with quote

Overtime is a little tricky in some cases. If you're teaching only a couple of students then the owner could very well be losing money.
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mrsquirrel



Joined: 13 Dec 2006

PostPosted: Wed Feb 20, 2008 9:51 pm    Post subject: Reply with quote

100Kph
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Juregen



Joined: 30 May 2006

PostPosted: Wed Feb 20, 2008 11:06 pm    Post subject: Reply with quote

yingwenlaoshi wrote:
Overtime is a little tricky in some cases. If you're teaching only a couple of students then the owner could very well be losing money.


Then the boss has the brain of a maggot, why accept a class that doesn't even break-even?
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thegadfly



Joined: 01 Feb 2003

PostPosted: Wed Feb 20, 2008 11:37 pm    Post subject: Reply with quote

Reasons to lose money on a class:

1. A small class can grow. If a small class is made, other students can join the class in the future (and thus make the class profitable). If the class is not made, the students will go to another hakwon to get the class. The short-term loss of running a class under-enrolled ought to be offset by the longer-term gains of offering classes when desired.

2. School reputation. If parents think the school has no room, they won't even consider sending their kids there. Sometimes schools make the small classes to avoid the appearance of being under-staffed/over-extended (which may in fact be true -- but if it LOOKS that way, parents may go elsewhere).

3. OT for teachers. Some folks will look for extra money on the side -- lots of folks teach illegal privates. If the teacher can earn roughly the same money (no travel time or risk of getting fired/fined/deported for doing OT at your own school -- and probably, the OT will fill in gaps in the schedule) by working the class, the school may lose a little money, but not as much as it would lose if the teacher were out doing illegal privates.

There are probably many more, but that was just off the top of my head.
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sadsac



Joined: 22 Dec 2003
Location: Gwangwang

PostPosted: Wed Feb 20, 2008 11:43 pm    Post subject: Reply with quote

30,000 Smile
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cbclark4



Joined: 20 Aug 2006
Location: Masan

PostPosted: Wed Feb 20, 2008 11:48 pm    Post subject: Reply with quote

My contracted O/T rate is 20,000.

However I get 30,000.
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yingwenlaoshi



Joined: 12 Feb 2007
Location: ... location, location!

PostPosted: Thu Feb 21, 2008 12:15 am    Post subject: Reply with quote

Juregen wrote:
yingwenlaoshi wrote:
Overtime is a little tricky in some cases. If you're teaching only a couple of students then the owner could very well be losing money.


Then the boss has the brain of a maggot, why accept a class that doesn't even break-even?


Sometimes it's good to take students in who need or want English. It's good for the academy's reputation. It can attract other students to other classes. Some academies are in smaller towns. I think, however, if you have at least 2 students it's close enough to break even.
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Mi Yum mi



Joined: 28 Jan 2008

PostPosted: Thu Feb 21, 2008 5:15 am    Post subject: Reply with quote

thegadfly wrote:
Reasons to lose money on a class:

1. A small class can grow. If a small class is made, other students can join the class in the future (and thus make the class profitable). If the class is not made, the students will go to another hakwon to get the class. The short-term loss of running a class under-enrolled ought to be offset by the longer-term gains of offering classes when desired.

2. School reputation. If parents think the school has no room, they won't even consider sending their kids there. Sometimes schools make the small classes to avoid the appearance of being under-staffed/over-extended (which may in fact be true -- but if it LOOKS that way, parents may go elsewhere).

3. OT for teachers. Some folks will look for extra money on the side -- lots of folks teach illegal privates. If the teacher can earn roughly the same money (no travel time or risk of getting fired/fined/deported for doing OT at your own school -- and probably, the OT will fill in gaps in the schedule) by working the class, the school may lose a little money, but not as much as it would lose if the teacher were out doing illegal privates.

There are probably many more, but that was just off the top of my head.


4) Doing a favor for someone who can return it. I taught a class last year at a huge loss. It was for some government workers at city hall. It's always good to get on their good side.

5) The director knows someone and is doing them a favor. Ie helping out a friend at the schools expense.
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diablo3



Joined: 11 Sep 2004

PostPosted: Thu Feb 21, 2008 6:57 am    Post subject: Reply with quote

Not less than the standard working rate ... which seems to be advertised now in many cases.
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