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pkang0202

Joined: 09 Mar 2007
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Posted: Tue May 27, 2008 10:07 pm Post subject: F Visa substitute teachers |
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Has anyone thought of being a dedicated substitute teacher?
The thought ran across my mind today. Charge 50,000w an hour. If a hagwon or public school needs someone to fill in for a few days they can just call you up and use you to sub. It is pricey, but it is better for the schools because they won't have to cancel classes. Also, the schools would be paying you under the table. They don't have to worry about pension, taxes, health insurance, etc...
Also, other native teachers can use the subs to teach in their place if there is an emergency where they need to go somewhere.
The drawback is that you don't have a steady paycheck and your work schedule can be erratic.
I think it could be a lucrative business. Think of the thousands of schools. Whenever someone is going to call in sick , they can always tell their hagwon, "Check it out. This guy will teach while i'm out but you have to pay him 50,000w an hour." |
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Yu_Bum_suk

Joined: 25 Dec 2004
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Posted: Tue May 27, 2008 10:21 pm Post subject: |
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I've thought about it, too. To make it work on a regular basis you'd basically need a kind of agency, which would also need a cut. Now, as we know some hagwons require their teachers to be at work 8-10 hours a day. What kind of cheap-ass wongjongnim is going to fork out W400-500,000 to cover a day's absence? Do you really think a guy who apparently can't afford W5,000 for some A4 paper or new marker pens is going to take this up? And for that matter, what FT would be so desperate for a break to loose a month's pay for a week off?
As for public schools, it may be possible to organise a sub's lessons into three or four continuous blocks, but that's still W150-200,000 not in the school's budget. And what's he going to teach to a class of 20-45 he's never seen, much less assessed, before? Furthermore, many FTs are paired up with co-teachers for all or some of their lessons, and if a sub's needed the CT or HR teacher could just do it. |
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JamesFord

Joined: 14 Jun 2007 Location: my personal playground
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Posted: Tue May 27, 2008 10:32 pm Post subject: |
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Turn the situation around and put yourself in the Hagwon owner's position. Would you shell out that kind of money when you don't have to?
Nope. |
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JamesFord

Joined: 14 Jun 2007 Location: my personal playground
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Posted: Tue May 27, 2008 10:37 pm Post subject: |
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And 50,000 an hour is hardly a lucrative business. If all of the schools were magically close to you so you had little travel time and they were all in little neat block hours and all conveniently fell on different days of the week, then you could make a decent living. For that all to happen, you would have to be living in a fantasy land. |
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Yu_Bum_suk

Joined: 25 Dec 2004
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Posted: Tue May 27, 2008 10:39 pm Post subject: |
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JamesFord wrote: |
Turn the situation around and put yourself in the Hagwon owner's position. Would you shell out that kind of money when you don't have to?
Nope. |
The only situation where I can see that happening is out of sheer desperation. Say, for instance, that two out of four FTs pull a runner and he needs someone for at least a few hours a day, or on the two busiest days of the week. However, at most hagwons, at least children's hagwons, the arrival of a new FT is a big deal, with letters going out to the parents, etc. It would also look really odd to the parents if there's suddenly a new, unknown waegook for a week or two who then disappears. |
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pkang0202

Joined: 09 Mar 2007
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Posted: Wed May 28, 2008 12:13 am Post subject: |
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Ok, lets play around with the numbers. How about 30,000w / hour
30,000w X 20 hours a week (not likely you'll be able to fill up 40 hours week in and week out)
Muliply that by 4 weeks in a month and it comes to:
2,400,000w under the table, untaxed.
Even at 25,000w an hour, you would clear 2,000,000w a month.
Thats not too shabby. Finding work should be easy. Consider the thousands upon thousands of PS/hagwons in Seoul. A lot of places just need a native teacher for a day or weekend. |
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JamesFord

Joined: 14 Jun 2007 Location: my personal playground
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Posted: Wed May 28, 2008 12:22 am Post subject: |
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pkang0202 wrote: |
2,400,000w under the table, untaxed.
Even at 25,000w an hour, you would clear 2,000,000w a month.
Thats not too shabby. |
Well, I should step out of the conversation then, because to me that is not a good wage.... especially since you wouldn't have a room included, or pension, or medical insurance, or severance pay. If you're not working for a school that gives you all the perks, you should never settle for less than 40,000 an hour at the bare minimum. And as you work up the ranks, later you shouldn't settle for less than 50...... and then 60.
25,000 an hour in Korea for Teaching English is rape. |
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shaunew

Joined: 17 Apr 2007 Location: Calgary
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Posted: Wed May 28, 2008 4:34 am Post subject: |
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When I was teaching English I was making 40,000 won to 70,000 won per hour. This was steady work, 35 hours a week. I did think about this and seen the potential. This is why I started my own business. Now I'm paid per job but the hourly rate is 3 to 4 times what I was making teaching. If you are creative and have the balls to take a chance. You can make it big in Korea. |
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Cheonmunka

Joined: 04 Jun 2004
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Posted: Wed May 28, 2008 3:28 pm Post subject: |
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If you are creative and have the balls to take a chance. You can make it big in Korea. |
I agree that creativity is an essential element to starting something new but, I dismiss that, 'having the balls to do it,' plays any part at all. You know well that in Korea as in most of the World, 'Who you know not what you know,' more than any other reason gives the initial impetus to an undertaking. Think back and reflect on who and what gave you the contacts to begin your business. Did you initiate all contact from cold calling for example, or did you receive a lead? What factors and by what circumstances or who decided your location? What different circumstances do we each have when we apply for bank loans?
I know people who are creative and have sense yet cannot start up yet others succeed in their place because they have a market already drawn to them. And there's a lot to do with chance in gaining that in the first place. Especially as we arrive in Korea and start choosing our lives, wives and roles. We are in many ways, 'Frogs in the well.' How can it be we just need balls since we may also find restrictions in our circumstances?
Actually, I knew a guy who specialised in a certain field which he wanted to work in, yet he worked at the crappiest hakwon, but more yet, he met his future manager there who was a parent and got a crusty position at her firm doing what he wanted in his field. Man, that's just friggin chance. I guess he might have had the balls to say something to her to start the ball rolling .. but again, even there, it's, 'Who you not what you know ...' |
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FUBAR
Joined: 21 Oct 2003 Location: The Y.C.
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Posted: Wed May 28, 2008 7:52 pm Post subject: |
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pkang0202 wrote: |
Ok, lets play around with the numbers. How about 30,000w / hour
30,000w X 20 hours a week (not likely you'll be able to fill up 40 hours week in and week out)
Muliply that by 4 weeks in a month and it comes to:
2,400,000w under the table, untaxed.
Even at 25,000w an hour, you would clear 2,000,000w a month.
Thats not too shabby. Finding work should be easy. Consider the thousands upon thousands of PS/hagwons in Seoul. A lot of places just need a native teacher for a day or weekend. |
2.4 million a month, before housing isn't so good. Why not secure a college job for 15-20 hours a week and then try that. Then you have a great base to go by. Alot of college teachers don't work on Fridays, so they could make it work on Friday/Saturdays. |
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SHANE02

Joined: 04 Jun 2003
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Posted: Wed May 28, 2008 8:31 pm Post subject: |
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pkang0202 wrote: |
Ok, lets play around with the numbers. How about 30,000w / hour
30,000w X 20 hours a week (not likely you'll be able to fill up 40 hours week in and week out)
Muliply that by 4 weeks in a month and it comes to:
2,400,000w under the table, untaxed.
Even at 25,000w an hour, you would clear 2,000,000w a month.
Thats not too shabby. Finding work should be easy. Consider the thousands upon thousands of PS/hagwons in Seoul. A lot of places just need a native teacher for a day or weekend. |
2.4 is not near enough money sorry. |
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pkang0202

Joined: 09 Mar 2007
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Posted: Wed May 28, 2008 9:37 pm Post subject: |
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Then what would be a good figure? Lets all brainstorm on this. In order for any endeavor to be successful, you have to have a good plan. I'm a busienss major, so I'm used to mkaing business plans. LEts start with a SWOT analysis for being a subtitute native teacher.
Strengths: Little to no competition. Flexibility. Untaxed income. Freedom to work in many different work places. Networking, you'll meet many many different people who you may need to contact in the future.
Weaknesses: No housing/allowance. No steady schedule. Costs. No benefits. No prior basis of comparison for market, income, marketability. Is there even a market for this service?
Oppurtunities: There is no competition so all you have is oppurtunities.
Threats: Barriers to entry. Other Koreans who can charge less to substitute.
So, the market would be places that need a Native Teacher ASAP, who are desperate. These will be places where the parents have already paid money, and the school/camp/institute is short on native teachers.
What about wages? There has to be a balance. SMOE gives the best housing subsidy at 500,000w / month. So, tack on housing with a base salary of 2,000,000. The MINIMUM a substitute teacher should be making a month is 2,500,000w.
So, instead of being paid hourly, how about being paid by the day. Obviously, if a place needs you to sub, they won't just have you come in for an hour or 2. You would be there the entire day.
So, you charge 200,000w for 1 full day of classes. 200,000w is a reasonable amount a hagwon owner will pay someone to sub for 1 day. You work 4 days a week, and you make 800,000w a week. That comes to 3,200,000 a month.
Yeah, I like that. Instead of being paid hourly, you can get paid by the day or half day. 200,000w for 8 hours, and 110,000w for 4 hours.
Even if you have a slow week and you only work 3 days, that is still 600,000w for that week. |
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Otherside
Joined: 06 Sep 2007
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Posted: Wed May 28, 2008 10:16 pm Post subject: |
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Nice swot analysis. The tax-free aspect is an interesting one, but if you plan to make a "business" of this it might be wiser to go legit.
Anyways, I thought i'd compare your numbers with that of a PS teacher (who also doesn't pay tax).
Base salary:2mill
Housing allowance: 500K
Medical: 50K
Pension: 100K
Severence/12 = 167K
Flight tickets 150K (bit of a crap shoot this one, but 900K each way seems reasonable...so)
Options to earn overtime: an extra 100-200K a month wouldn't be out of the ordinary.
Total: 2.967,000 per month vs the 3,200,000 you propose. Not to mention 21 days paid vacation and sick days, where you wouldn't get paid if you didn't work for vacation/sick reasons. (Though the flexibility makes up for that). Finally, I think 2mill is right at the bottom of the PS food chain, 2.2 shouldn't be that hard to get which would put the overall package up to 3.2mill and 1-2 classes a week of OT and you are looking at 3.4mill all in.
All in all, I think your idea is a good one; just need to fix the numbers a bit to make it fly. In addition, I think the first few months of a plan like this would be pretty rough until you've proven yourself and gotten some word of mouth out, after that if you are located in Seoul, you should be filling 4-5 days a week without a problem... |
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Netz

Joined: 11 Oct 2004 Location: a parallel universe where people and places seem to be the exact opposite of "normal"
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Posted: Thu May 29, 2008 12:20 am Post subject: |
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pkang0202 wrote: |
Even at 25,000w an hour, you would clear 2,000,000w a month.
Thats not too shabby. |
I hope to God you're being sarcastic there, for your sake. |
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madoka

Joined: 27 Mar 2008
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Posted: Thu May 29, 2008 12:24 am Post subject: |
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pkang0202 wrote: |
Weaknesses: No steady schedule. |
This is what's going to kill you. You might not find work for weeks and then land multiple overlapping jobs so you can't work on them all. It took me years to learn pace my students correctly. In the past, right before an exam or the admissions deadlines, I would get students literally begging for sessions. Then I would work up to 16 hours a day, seven days a week. But during the slow months between tests, I was working some 2-3 hours a day at best. It was almost feast or famine. It took a couple of years before I built up enough of a clientele base so that I have a steady stream year round.
However, what you are proposing sounds like you'd sub in on emergencies. Unfortunately, there is no way to ever turn that into steady work. They won't call when you need the work, and they'll remember when they asked you to work and you couldn't because of another job. The scheduling would be too erratic to make it work. |
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