Korean Job Discussion Forums

[phoneboothface]

About how much per hour does Pagoda or a hakwon like it in the area charge their adult students for an hour with a native English speaking teacher?

And what is the average class size?

[phoneboothface]

Anyone? I asked a friend and they said it was like 15k an hour but class size was like 10. Wow. So the teacher gets like 30k of this 150k coming in.

[alphakennyone]

Uh I think the teacher gets more like 20k. What did you expect - equity?

Every hagwon will be similar in that regard. Kids, adults, doesn't matter. Don't like it? Turn into a Gyopo, get married to a Korean, or save up millions of won and start your own business.

[crazy_arcade]

[phoneboothface]

Even in Gangnam? There must've been some miscommunication bc of the language thing.

[wylies99]

[Ilsanman]

For a normal conversation class, a student pays around 120,000 a month, for 20 teaching hours.

The teacher is paid around 20k an hour. If there are at least 4 students in the class, the institute makes a profit.

[Easter Clark]

The longer the students sign up for, the cheaper it is. If they just want a three month contract, then it's around 180k / month, paid all up front.

If they sign up for, say, a year, then they can get by with dropping 1.5 million won or so.

At least that's the case for a certain adult hagwon I work for. But it's supposedly cheaper than Pagoda or YBM.

[crazy_arcade]

[Ice Tea]

Students pay 50,000 per hour for direct English. Actually the schools margins are tight. Some schools barely break even. I know first hand. Even if you have an F4/F2 you still can't rake it in. A tutoring license sets limits on what you can charge. For some reason the same doesn't apply to businesses. Double standard. korea. Go figure.

[phoneboothface]