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dp3000
Joined: 27 Nov 2007
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 Posted: Sat Feb 23, 2008 9:21 am Post subject: |
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Was only getting 15,000/hr until recently bumped to 17,000.
And this was on 120 hr/month 2.4 million contract.
So I actually make less in OT.
Messed up. |
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Join Me
Joined: 14 Jan 2008
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| Posted: Sat Feb 23, 2008 10:15 am Post subject: |
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| Thanks for your replies. My boss is pretty decent. I don't want to get greedy but don't want to get screwed either so just wanted a general consensus on what I should agree to. |
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Whistleblower
Joined: 03 Feb 2007
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| Posted: Sat Feb 23, 2008 10:36 am Post subject: |
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| My overtime rate for extra classes start at 90,000 per hour. No less. |
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ChopChaeJoe
Joined: 05 Mar 2006
Location: Seoul
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| Posted: Sat Feb 23, 2008 11:30 am Post subject: |
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| 20,000 a class. Classes are 30 - 50 minutes. |
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Lilo's Mum
Joined: 27 May 2007
Location: backwards town in backwards country listening to backwards people speaking in backwards tongue ...
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| Posted: Sat Feb 23, 2008 12:52 pm Post subject: |
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50,000 per half hour.
I usually don't have or need to work overtime.
But my school is pretty generous when I do. |
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Mi Yum mi
Joined: 28 Jan 2008
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| Posted: Sat Feb 23, 2008 2:56 pm Post subject: |
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| Join Me wrote: |
| Thanks for your replies. My boss is pretty decent. I don't want to get greedy. |
You need to get greedy. Look out for yourself. Your boss is making serious $$ on his extra classes, so make him pay. |
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eurasian76
Joined: 09 May 2006
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| Posted: Tue Aug 05, 2008 7:58 pm Post subject: |
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is 20k the norm for overtime rates at PS? and usually not negotiable? (places like SMOE etc)
How about hagwons? What is the minimum you would normally accept? I noticed some of you of course posted your rates but not sure whether they applied to PS or hagwons.
Will be teaching in the near future but before accepting any contract I`d prefer to do my research rather than get screwed out of things like this |
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nomad-ish
Joined: 08 Oct 2007
Location: On the bottom of the food chain
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| Posted: Tue Aug 05, 2008 8:04 pm Post subject: |
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| eurasian76 wrote: |
is 20k the norm for overtime rates at PS? and usually not negotiable? (places like SMOE etc)
How about hagwons? What is the minimum you would normally accept? I noticed some of you of course posted your rates but not sure whether they applied to PS or hagwons.
Will be teaching in the near future but before accepting any contract I`d prefer to do my research rather than get screwed out of things like this |
i think 20,000-25,000 won is pretty standard for PS contracts. however, almost everything seems negotiable in korea... just because it's in black and white on paper doesn't mean it's solid. i'd try for higher
are you headed to a public school? |
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eurasian76
Joined: 09 May 2006
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| Posted: Tue Aug 05, 2008 8:42 pm Post subject: |
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| nomad-ish wrote: |
| eurasian76 wrote: |
is 20k the norm for overtime rates at PS? and usually not negotiable? (places like SMOE etc)
How about hagwons? What is the minimum you would normally accept? I noticed some of you of course posted your rates but not sure whether they applied to PS or hagwons.
Will be teaching in the near future but before accepting any contract I`d prefer to do my research rather than get screwed out of things like this |
i think 20,000-25,000 won is pretty standard for PS contracts. however, almost everything seems negotiable in korea... just because it's in black and white on paper doesn't mean it's solid. i'd try for higher
are you headed to a public school? |
in all likelihood a hagwon....(I know I know) |
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Juregen
Joined: 30 May 2006
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| Posted: Tue Aug 05, 2008 8:49 pm Post subject: |
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| yingwenlaoshi wrote: |
| 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. |
If you follow the rules set out by MoE you will need 3 to break even on operations and four to break even including admin and other costs.
So a wise decision is to accept from three students on. at least you cover operation costs and build opportunities for future. |
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JamesFord
Joined: 14 Jun 2007
Location: my personal playground
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| Posted: Wed Aug 06, 2008 7:09 am Post subject: |
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| I make a gazillion million won for one hour of overtime. I don't need to work overtime though cuz my salary is infinite million won. I'm so awesome... that's why I'm in Korea. You are all scum. Please leave my country. |
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RufusW
Joined: 14 Jun 2008
Location: Busan
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| Posted: Wed Aug 06, 2008 7:24 am Post subject: |
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| Quote: |
| I make a gazillion million won for one hour of overtime. I don't need to work overtime though cuz my salary is infinite million won. I'm so awesome... that's why I'm in Korea. You are all scum. Please leave my country. |
Or in other words - it'd be nice if the people who are getting paid loads explain why..... |
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KoreanAmbition
Joined: 03 Feb 2008
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| Posted: Wed Aug 06, 2008 7:54 am Post subject: |
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| JamesFord wrote: |
| I make a gazillion million won for one hour of overtime. I don't need to work overtime though cuz my salary is infinite million won. I'm so awesome... that's why I'm in Korea. You are all scum. Please leave my country. |
hehe
My base salary is higher... I make infinity +1.
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DrOctagon
Joined: 11 Jun 2008
Location: Chicago
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| Posted: Wed Aug 06, 2008 10:57 am Post subject: |
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$6,000 an hour (EPIK) --- This is non-teaching hours though. That one strange clause that everyone has in their EPIK contracts...  |
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