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lindihop
Joined: 29 May 2008 Location: South Korea
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Posted: Wed Nov 19, 2008 8:52 pm Post subject: Public School end of contract payment |
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I'm coming to the end of my first public school contract with EPIK (not resigning) with my year being up on Decenber 3rd.
My last months salary should go into my bank account on Tuesday 25th November.
Regarding the severance payment, of one months additional pay, I've been told I won't get this until my last day of the contract (December 3rd) and that as this is a new month it will have a months deductions of tax and pension et al taken from it.
Is this the norm?
I am also still waiting on the reimbursement of my plane ticket home. I submitted this a couple of weeks ago, but have also been told that this will be payed on the last day of my contract along with my severance payment.
Again, is this the normal procedure within the public school system.
Any advice of those who've gone before would be appreciated. |
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Ramen
Joined: 15 Apr 2008
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Posted: Wed Nov 19, 2008 8:58 pm Post subject: |
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Nothing is set in stone in this country. It varies from school to school.
Some schools deduct taxes from your severance and some don't. Some schools pay final months salary and severance together on 25th. Some schools pay your airfare immediate upon presentation of your itinerary receipt and some don't. Some schools will pay your airfare and severance after you've left Korea (cross your fingers).
It varies.... |
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ttompatz

Joined: 05 Sep 2005 Location: Kwangju, South Korea
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Posted: Thu Nov 20, 2008 1:59 am Post subject: Re: Public School end of contract payment |
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lindihop wrote: |
I'm coming to the end of my first public school contract with EPIK (not resigning) with my year being up on Decenber 3rd.
My last months salary should go into my bank account on Tuesday 25th November.
Regarding the severance payment, of one months additional pay, I've been told I won't get this until my last day of the contract (December 3rd) and that as this is a new month it will have a months deductions of tax and pension et al taken from it.
Is this the norm?
I am also still waiting on the reimbursement of my plane ticket home. I submitted this a couple of weeks ago, but have also been told that this will be payed on the last day of my contract along with my severance payment.
Again, is this the normal procedure within the public school system.
Any advice of those who've gone before would be appreciated. |
It is NOT unusual but it is inconvenient. |
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Scotticus
Joined: 18 Mar 2007
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Posted: Thu Nov 20, 2008 4:18 pm Post subject: |
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Well, I can't find anything use the search function, so I'll ask in this thread because it's kind of relevant:
You get paid one month's salary per year at a job, right? So two years = two month's salary by law, correct? |
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I_Am_The_Kiwi

Joined: 10 Jun 2008
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Posted: Thu Nov 20, 2008 5:01 pm Post subject: |
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Your lucky you get all your money when you finish.
Im with EPIK and have to wait until I am BACK HOME before they re-imburse me for my flight and pay my severance, even though i just gave them my flight receipts.....
Gonna lose out on the exchange rate by that time. Fuckn BS i think. All money should be paid up before we leave the country. |
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lindihop
Joined: 29 May 2008 Location: South Korea
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Posted: Thu Nov 20, 2008 5:11 pm Post subject: |
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I'll ring the jokers in EPIK today (although I probably already know it's a lost cause with those dolts) to see if there is some standard policy laid down. You would presume there would be since they are supposebly co-ordinating the show, though when I rang them about claiiming pension credits back as a Brit (or having it added to my UK pension fund) the zoom I spoke to was worse than useless, however he did ask me to contact him again when I'd researched the issues myself so he could update his records as he said he was always getting asked about it?!
They're as useful as tats on a nun. |
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teachergirltoo
Joined: 28 Oct 2006
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Posted: Thu Nov 20, 2008 5:51 pm Post subject: |
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Scotticus wrote: |
Well, I can't find anything use the search function, so I'll ask in this thread because it's kind of relevant:
You get paid one month's salary per year at a job, right? So two years = two month's salary by law, correct? |
That is how it works in Canada usually, but unfortunately not here. Each year at the end of the completed contract you will only get a 13th month of salary. So each year that you complete the contract you will get an extra months salary. But the employers do not pay a months salary for each year you have worked for them. |
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Scotticus
Joined: 18 Mar 2007
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Posted: Thu Nov 20, 2008 8:56 pm Post subject: |
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teachergirltoo wrote: |
That is how it works in Canada usually, but unfortunately not here. Each year at the end of the completed contract you will only get a 13th month of salary. So each year that you complete the contract you will get an extra months salary. But the employers do not pay a months salary for each year you have worked for them. |
Are you sure? After not getting a response for awhile, I just went ahead and used handy-dandy Google. From what I found on multiple websites (and what I had thought before), they said you get paid one month's salary for each year and the salary is calculated based on your average income for the last three months working at the job.
God I hate trying to figure out accurate info about the Korean legal system. It's just a constant stream of conflicting answers. Now I'm not sure if what I found is right or not.  |
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ttompatz

Joined: 05 Sep 2005 Location: Kwangju, South Korea
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Posted: Fri Nov 21, 2008 12:07 am Post subject: |
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Scotticus wrote: |
Well, I can't find anything use the search function, so I'll ask in this thread because it's kind of relevant:
You get paid one month's salary per year at a job, right? So two years = two month's salary by law, correct? |
This is correct. 2 months salary for 2 FULL calendar years of work. ie: Sept. 1 2006 - Aug. 31 2008.
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marlow
Joined: 06 Feb 2005
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Posted: Fri Nov 21, 2008 12:17 am Post subject: |
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Scotticus wrote: |
From what I found on multiple websites (and what I had thought before), they said you get paid one month's salary for each year and the salary is calculated based on your average income for the last three months working at the job. |
Yes, and make sure you add up all your overtime for those three months. |
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teachergirltoo
Joined: 28 Oct 2006
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Posted: Fri Nov 21, 2008 2:30 am Post subject: |
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Sorry. I think I misunderstood your initial question. I thought you meant, do they give you a parting package, as in Canada where a person is often paid one months salary for each year they have worked for a company. For example, if a person made $4000 per month for 3 years they would part with a package of $12,000. Anyways, the two above posters explained it properly. My mistake. |
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