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Korean Job Discussion Forums
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Real Reality
Joined: 10 Jan 2003
Location: Seoul
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 Posted: Tue Dec 09, 2003 2:39 am Post subject: Koreans earning more, the same or less? |
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I hope your pay (or pay increase) reflects this reality. I hope you understand that teachers, especially professors, are highly respected. Professors usually are paid some of the highest salaries in Korea.
The nation�s per capita income is expected to exceed $11,000 this year, meaning the average South Korean is earning more than ever before, the Bank of Korea (BOK) reported on Tuesday.
Last edited by Real Reality on Thu Feb 19, 2009 1:27 am; edited 1 time in total |
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weatherman
Joined: 14 Jan 2003
Location: Korea
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| Posted: Tue Dec 09, 2003 2:46 am Post subject: |
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Might be my own fault for not changing jobs, but I haven't had a raise since 1998. I am not earning more than ever before.  |
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Mr. Pink
Joined: 21 Oct 2003
Location: China
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| Posted: Tue Dec 09, 2003 2:49 am Post subject: |
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| weatherman wrote: |
| Might be my own fault for not changing jobs, but I haven't had a raise since 1998. I am not earning more than ever before. |
I made 1.3mil/mth in 1998...glad I changed jobs...making a hella lot more than that now  Also working less hours too! |
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weatherman
Joined: 14 Jan 2003
Location: Korea
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| Posted: Tue Dec 09, 2003 2:55 am Post subject: |
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| Mr. Pink wrote: |
| weatherman wrote: |
| Might be my own fault for not changing jobs, but I haven't had a raise since 1998. I am not earning more than ever before. |
I made 1.3mil/mth in 1998...glad I changed jobs...making a hella lot more than that now Also working less hours too! |
I was making 2.0 in 1998 and I still am at the same level.  |
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kangnamdragon
Joined: 17 Jan 2003
Location: Kangnam, Seoul, Korea
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| Posted: Tue Dec 09, 2003 3:51 am Post subject: |
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I am sure most of us are making at least 2, 3, or 4 times the $11,000 the average Korean earns.
Yes, yes I know that includes many people who still live at home, etc. |
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princess
Joined: 16 Jan 2003
Location: soul of Asia
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| Posted: Tue Dec 09, 2003 6:49 am Post subject: |
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| $11,000 a year is the average income of a Korean? Is that for real? Who? Bartenders, waiters, etc? |
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Gord
Joined: 25 Feb 2003
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| Posted: Tue Dec 09, 2003 6:59 am Post subject: |
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| weatherman wrote: |
| I was making 2.0 in 1998 and I still am at the same level. |
But the currency is worth nearly twice what is was back then, so your buying power outside the country has nearly doubled. |
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Gord
Joined: 25 Feb 2003
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| Posted: Tue Dec 09, 2003 7:01 am Post subject: |
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| princess wrote: |
| $11,000 a year is the average income of a Korean? Is that for real? Who? Bartenders, waiters, etc? |
Minimum wage in Korea is a little over 2000 Won an hour. So if you line up a job with no work like at a PC room for 40 hours a week, your take home pay before deductions will be a whopping 100,000. Or about $5000 a year. |
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Real Reality
Joined: 10 Jan 2003
Location: Seoul
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| Posted: Tue Dec 09, 2003 7:16 am Post subject: |
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Position ................. $ Salary/Month
Clerk (Entry-level) ... $878
Bank Manager: $4,042
Architect: 1,837
Civil Engineer: 1,837
Doctor: 4,777
Lawyer: 4,042
Reporter: 2,756
Professor: 5,511
CEO: $9,800
Controller: 7,562
Human Resources Director: 4,387
Systems Director: 5,484
Manufacturing Director: 4,551
Sales Manager: 2,993
Accountant: 1,810
Systems Engineer: 2,207
Software Developer: 2,119
Field Services Engineer: 1,949
Production Supervisor: 1,922
Executive Secretary: 1,796
Secretary: 1,494
Chauffeur: 1,411
http://www.asiaweek.com/asiaweek/features/salaries/2000/popups/content/skor.html
Exchange rates: 1,134 won = $1 |
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kangnamdragon
Joined: 17 Jan 2003
Location: Kangnam, Seoul, Korea
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| Posted: Tue Dec 09, 2003 3:55 pm Post subject: |
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| That seems a little low for a lawyer. I cannot believe I make more than a lawyer. |
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Real Reality
Joined: 10 Jan 2003
Location: Seoul
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| Posted: Tue Dec 09, 2003 4:06 pm Post subject: |
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kangnamdragon wrote,
"That seems a little low for a lawyer. I cannot believe I make more than a lawyer."
Are you a lawyer or a teacher?
How many university professors earn $5,000 (5,931,750 won) each month? How many foreign professors earn $5,000 (5,931,750 won) each month? Remember: Most Korean professors teach 9 to 12 hours each week. Some Korean professors only teach 6 hours each week. Most foreign professors teach 16 to 24 hours each week.
Professor: $5,511
Some may respond with
"But to be a professor you have to have a Ph.D."
No you do not. Here are some Korean professors without Ph.D.s in various departments in two different universities.
Archeology
1. Associate Professor / _ _ _ / Master of Archeology
Arts
1. Assistant Professor / _ _ _ / Master of Arts
Economics (and Management)
1. Professor / __ _ _ / Master of Business Administration
2. Professor / __ __ __ / Master of Arts in Management
Education
1. Professor / _ _ _ / Master of Arts
English Language and Literature
1. Professor /K__ __ __ / Master of Arts
Finance
1. Professor / K___ __ __ / Master of Business Administration
Fine Arts
1. At one university 12 professors have Master of Fine Arts (1 Full, 5 Associate, 6 Assistant)
2. Assistant Professor / K____ ___ ___ / Master of Arts
3. Professor / ___ ____ __ / Bachelor of Fine Arts
German Language and Literature
1. Professor / _ _ _ / Master of Arts
Japanese Language and Literature
1. Associate Professor / ___ ____ ____ / Master of Arts
2. Professor / _____ ____ / Master of Arts
Music
1. Associate Professor / ____ ___ ____/ Bachelor of Music
2. Professor / ____ _____ ___ / Bachelor of Music
3. At one university 10 (full) professors have masters' degrees.
Natural Sciences (Biology)
1. Professor / ___ ___ ___/ Master of Science
Physical Education
1. Professor / C__ ___ ___/ Master of Physical Education
2. Professor / H______ ____ ____/ Master of Arts
3. Professor / K___ H. ____/ Master of Arts
Sociology
1. Professor / K___ __ __/ Master of Arts in Sociology
2. Professor / __ ___ ___/ Master of Arts in Sociology
Perhaps, the pay difference has something to do with Koreans thinking they are superior.
"According to the Samsung Group's chairman, Lee Kun-hee, to succeed globally, Korea must forgo the thought that Korea and being Korean is superior, and foreign specialists must be treated with respect."
http://joongangdaily.joins.com/200206/14/200206142349223599900090109011.html
Of course, how many foreign professors can stay a long time in one position.
And remember,
"A professor of engineering said it was common for there to be up to ten co-authors on a paper, most of whom have had nothing to do with it."
http://www.chosun.com/w21data/html/news/200204/200204251020.html |
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Cthulhu
Joined: 02 Feb 2003
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| Posted: Tue Dec 09, 2003 4:54 pm Post subject: |
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| But do you have evidence that associate/non-Phd profs make the same as full profs? They sure don't in the West and my wife knew a few in Busan (teaching regular courses) who didn't either... |
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kangnamdragon
Joined: 17 Jan 2003
Location: Kangnam, Seoul, Korea
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| Posted: Tue Dec 09, 2003 5:20 pm Post subject: |
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| I was referring to the lawyer making only $4000 per month. I am sure that when you include the price of our apartments, some of us make more than that. (not necessarily me, but I know some do) |
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dogbert
Joined: 29 Jan 2003
Location: Killbox 90210
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| Posted: Tue Dec 09, 2003 5:23 pm Post subject: |
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| kangnamdragon wrote: |
| I was referring to the lawyer making only $4000 per month. I am sure that when you include the price of our apartments, some of us make more than that. (not necessarily me, but I know some do) |
How are these figures calculated? If they are from income tax records, keep in mind that many doctors and lawyers who are self-employed or employed in partnerships may intentionally under-report their income. |
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Real Reality
Joined: 10 Jan 2003
Location: Seoul
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| Posted: Tue Dec 09, 2003 5:25 pm Post subject: |
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Cthulhu,
Do you have any salary scales for Korean universities? Each Korean university provides information on salary scales, right? Don't they also show salary scales on their human resources websites.
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