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Low-balling F2s
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Ice Tea



Joined: 23 Nov 2008

PostPosted: Mon Jan 10, 2011 4:58 am    Post subject: Low-balling F2s Reply with quote

Does anyone ever notice how schools try to low-ball F2 visa holders? You think they are saving on airfare and key money, yet offer some ridiculous amount like 2.7. If you consider a starting salary of 2.2 + 0.5 (rent the school pays) + 0.1 (airfare), your regular E2 holder earns 2.8/month and gets free key money. You'd think there would be some sort of premium for permanent residents, but actually you'd make more just taking regular E2 gigs. What's up with that?
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comm



Joined: 22 Jun 2010

PostPosted: Mon Jan 10, 2011 5:22 am    Post subject: Reply with quote

I'll trade you visas. Then I'd take a part-time job for a consistent income until I'd picked up enough privates to support myself. That might be an oversimplification, but having the option to legally teach privates could get you a lot more than the 100,000 won you calculated that you're missing out on.

I would think you could negotiate a higher wage than that anyway though.
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misher



Joined: 14 Oct 2008

PostPosted: Mon Jan 10, 2011 6:02 am    Post subject: Reply with quote

working 1 full-time job at 1 location on an F-2 is something that I wouldn't even consider. a couple of part-time jobs stacked with some privates could get you 5 plus million if you are willing to put in a 10 hour day (includes commuting)
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northway



Joined: 05 Jul 2010

PostPosted: Mon Jan 10, 2011 6:11 am    Post subject: Reply with quote

misher wrote:
working 1 full-time job at 1 location on an F-2 is something that I wouldn't even consider. a couple of part-time jobs stacked with some privates could get you 5 plus million if you are willing to put in a 10 hour day (includes commuting)


Ha, I already put in more than a 10 hour day including commuting for 2.3.
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Who's Your Daddy?



Joined: 30 May 2010
Location: Victoria, Canada.

PostPosted: Mon Jan 10, 2011 6:37 am    Post subject: Reply with quote

No Full time job really pays well. Go with multiple PT jobs. They'll low ball in the offer, but just email "I'll do it for X." Sometimes they'll say OK.

Usually people just ask for a discount, and if you say "no, sorry", they'll just say OK.
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IncheonTOEFL



Joined: 05 Jan 2011

PostPosted: Mon Jan 10, 2011 9:26 am    Post subject: Reply with quote

Work and save at a regular job for six months so you have a nest egg then never look at a recruiter again.

Use your smarts to get privates in a small area (one or two apartment complexes near your own apartment). It may take 2 months, but you'll be pulling in 4-5 million, if you market yourself right.

Over time, you will get a good reputation if you are a decent teacher and you can expand with a home school or your own small hagwon.
----------------------------------------------------------

Always look for business jobs because they pay the most. A 1:1 can net you 75-100K/hour, if you get it by yourself. A small class can net you 100-200K/hour. It takes time, but, those are the kind of jobs you want to shoot for- without a recruiter.

In addition to business jobs, specialty teaching pays a lot. You can get 150K/hour, min., 2 hours/ week, for a literature class with 4 students if you sell it right.

Basically, you and your wife, and/or Korean friend have to become your own recruiter.

In the end, it's going to come down to your reputation in the "mother" market, your wife's ability to seal the deal with companies and your ability to keep a long term relationship with all your students.

If you are successful, you might be able to pay cash for a new car with two months work, like my friend did. (-;

good luck
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Sector7G



Joined: 24 May 2008

PostPosted: Mon Jan 10, 2011 11:21 am    Post subject: Reply with quote

IncheonTOEFL wrote:

In the end, it's going to come down to your reputation in the "mother" market, your wife's ability to seal the deal with companies and your ability to keep a long term relationship with all your students.

If you are successful, you might be able to pay cash for a new car with two months work, like my friend did. (-;

good luck


IncheonTOEFL is 100% right about establishing a good reputation with the moms. In fact, some moms are more influential than others, and can be a virtual "mother lode" of referrals.

If you are lucky, you might meet one of these moms, and make cash hand over fist like my friend Hector7G did. (-;
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Who's Your Daddy?



Joined: 30 May 2010
Location: Victoria, Canada.

PostPosted: Mon Jan 10, 2011 4:58 pm    Post subject: Reply with quote

I teach daughters of a hair salon owner, she refers me a lot of mothers.

When I bought my house I became friendly with the real estate agent. She refers people too.

But the hair shop works really well. Talkative mother:)
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Who's Your Daddy?



Joined: 30 May 2010
Location: Victoria, Canada.

PostPosted: Mon Jan 10, 2011 5:05 pm    Post subject: Reply with quote

Profitable and easy. That's what I wanted. In my area not many business classes, and I didn't want to work split shifts (business class early morning and students at night). My most profitable days are like this:

Adjuma english class 10:30am (not too early so I can sleep in).

Hogwon 2:10-6:30 (5 40min classes block shift).

Another one or two privates at night.

=======

At first I thought only privates, no hogwons. But the hogwons I can get block shifts of 5 classes. Hard to be the $/hour for 5 straight. Also little headaches in setting up.
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cj1976



Joined: 26 Oct 2005

PostPosted: Mon Jan 10, 2011 5:40 pm    Post subject: Reply with quote

I've recently changed to an F2 and the frustrating thing is I can't really work too much because I've started a masters degree (distance learning). Even on an E2 I was legally earning 5mill a month at one point.
If I wasn't studying, I'd hammer the hours and earn as much as I could.
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crossmr



Joined: 22 Nov 2008
Location: Hwayangdong, Seoul

PostPosted: Mon Jan 10, 2011 7:04 pm    Post subject: Reply with quote

While it sounds like riding the privates gravy train to riches is a good idea, in practice it isn't. On Paper you can make a killing, but the thing with privates is that there is generally no contract beyond the current month.

Privates will come and go. Often through no fault of your own. It can become a major headache to manage a lot of privates, and like other part time jobs you also get hosed during holidays and things of that nature.

It's far better to take care of your main income with 1 or 2 jobs and use privates as a bonus income. Privates will often only want certain hours as well, so it becomes very difficult to fill a day with them anyway.

You might get lucky and get a couple hours in one location in a block, but the rest of the day you'll be running from location to location.

When you work it out, it's better to take a block at a hagwon or school.

50k/hour divided by your travel time starts to get chewed up pretty fast unless you can get big blocks of it.

Unless your private is coming to you, or is just around the corner, you're probably going to be chewing up the better part of an hour going either way.
Which means you're only getting 16k/hour
now with a block of 2 hours, you bump that up to 25k/hour
and if you've got 2 hours but not together and travel in between you might look at 20k/hour

Now if you could take 5 hours at a hagwon for 25k/hour it might be worth it. At least you know its reasonably reliable.

Kids need to fit private lessons around all their other academies, and adults need to fit lessons around their work. Those all happen at the same time, so the chances of you ending up with 8 hours of privates a day are pretty slim. If you want to work all day you might get:
1 - before work
2 - lunch time
3,4 - an evening block (say 6-8, or 7-9)
at that point for most people it's starting to get too late to study and you've gotta get up at 5:30-6 to get to that morning class anyway.
You might score a kid or something in the late afternoon if you're lucky for 5, but it makes for a pretty broken day.
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Juregen



Joined: 30 May 2006

PostPosted: Tue Jan 11, 2011 12:37 am    Post subject: Reply with quote

crossmr wrote:
While it sounds like riding the privates gravy train to riches is a good idea, in practice it isn't. On Paper you can make a killing, but the thing with privates is that there is generally no contract beyond the current month.


What he said.
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IncheonTOEFL



Joined: 05 Jan 2011

PostPosted: Tue Jan 11, 2011 1:34 am    Post subject: Reply with quote

Juregen wrote:
crossmr wrote:
While it sounds like riding the privates gravy train to riches is a good idea, in practice it isn't. On Paper you can make a killing, but the thing with privates is that there is generally no contract beyond the current month.


What he said.


I guess it depends on who you teach and where you teach and how you market yourself.

I've found that once a student gets a good native English teacher, not a gyopo, they tend to stay with that teacher until the teacher leaves them.

I guess student retention depends on the individual teacher. Some may be good at it while others might lose students after a month. If you can't keep your students past a month, you need a hagwon or PS job for sure.

Anyway, university kids in Korea like to take a year, or more, off for one reason or another. One early morning business class, three university classes in the mornings and then a lunch time business class is doable.

You have to remember though that the moms are paying for the university kids' classes. So, you have to keep up the mom network.

After lunch, you can do elementary, if that's your thing. Set up a home school or go out and about, it's up to you. A home school will net you more $, but it takes time to get students and a good rep.

In the later evening, you can get the middle schoolers, young working adults looking for a transition in their careers, and adjummas.

I've had the same university kids for two years now and I keep getting new ones. When they go to Canada or the US to study, they'll usually send me to one of their friends. When they come back, they usually want a class to keep their English ability up until they enter the workforce.

With the new universities, a foreign language school and one international school opening up near my neighborhood, I've had enough new students to warrant opening a classroom in a building central to my "dong."

Also, if you can get to all of your classes within 5-10 minutes, like my friend IncheonTOEIC can, you are golden.

If you are in Seoul and your classes are haphazardly strewn about the city, you're wasting time.
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bigtexas



Joined: 30 Nov 2009

PostPosted: Tue Jan 11, 2011 2:16 am    Post subject: Re: Low-balling F2s Reply with quote

Ice Tea wrote:
Does anyone ever notice how schools try to low-ball F2 visa holders? You think they are saving on airfare and key money, yet offer some ridiculous amount like 2.7. If you consider a starting salary of 2.2 + 0.5 (rent the school pays) + 0.1 (airfare), your regular E2 holder earns 2.8/month and gets free key money. You'd think there would be some sort of premium for permanent residents, but actually you'd make more just taking regular E2 gigs. What's up with that?


lol an e2 calling out f2s as low-balling...

NOT MANY F2s (OR F5s, WHICH I AM) WOULD EVER WORK AT A HOGWON FOR SALARY.......save the salary job for the low hour uni gig

my hogwon pt - 40,000/hr X 20hrs a week = 3.2


You also talk about some sort of "premium".

f2/f5 premium = highly paid hourly worker
e2 premium = salary worker (unless you have made the right korean friends)
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IncheonTOEFL



Joined: 05 Jan 2011

PostPosted: Tue Jan 11, 2011 2:36 am    Post subject: Re: Low-balling F2s Reply with quote

bigtexas wrote:
Ice Tea wrote:
Does anyone ever notice how schools try to low-ball F2 visa holders? You think they are saving on airfare and key money, yet offer some ridiculous amount like 2.7. If you consider a starting salary of 2.2 + 0.5 (rent the school pays) + 0.1 (airfare), your regular E2 holder earns 2.8/month and gets free key money. You'd think there would be some sort of premium for permanent residents, but actually you'd make more just taking regular E2 gigs. What's up with that?


lol an e2 calling out f2s as low-balling...

NOT MANY F2s (OR F5s, WHICH I AM) WOULD EVER WORK AT A HOGWON FOR SALARY.......save the salary job for the low hour uni gig

my hogwon pt - 40,000/hr X 20hrs a week = 3.2


You also talk about some sort of "premium".

f2/f5 premium = highly paid hourly worker
e2 premium = salary worker (unless you have made the right korean friends)


Your hagwon job is low-balling you (an F-5), unless your hagwon classes are 2 students.

Apartment schools are paying 50K/hour for a class of 4 and upwards of 75k/hour for a class of no more than 10.
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