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baedaebok

Joined: 27 Feb 2007 Location: Seoul, South Korea
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Posted: Tue Jul 24, 2012 11:56 pm Post subject: International schools in Korea -- why so expensive? |
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Why are international schools in Korea so expensive? The salaries of the teachers can't be that high. Are the owners making a killing?
As a point of comparison, my friend who is a teacher at an international school in Saudi Arabia earns about USD50,000/month. That's a lot more than the international school teachers do here. Yet, the tutition in that same Saudi Arabia school is about USD8000/year.
BDB |
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Who's Your Daddy?
Joined: 30 May 2010 Location: Victoria, Canada.
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Posted: Wed Jul 25, 2012 12:09 am Post subject: |
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| The owners are making a killing. Same with English kindergartens charging 1M per month per student. |
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coralreefer_1
Joined: 19 Jan 2009
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Posted: Wed Jul 25, 2012 12:10 am Post subject: |
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| Answer - supply and demand |
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byrddogs

Joined: 19 Jun 2009 Location: Shanghai
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Posted: Wed Jul 25, 2012 12:12 am Post subject: Re: International schools in Korea -- why so expensive? |
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| baedaebok wrote: |
Why are international schools in Korea so expensive? The salaries of the teachers can't be that high. Are the owners making a killing?
As a point of comparison, my friend who is a teacher at an international school in Saudi Arabia earns about USD50,000/month. That's a lot more than the international school teachers do here. Yet, the tutition in that same Saudi Arabia school is about USD8000/year.
BDB |
I'm sure that was a typo.
How much are the real international schools in Korea charging for tuition? How much do they pay teachers (you first state that the salaries can't be that high and then later say that the Saudi job teacher makes a lot more than IS teachers in Korea do, so I'm a little confused)? |
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baedaebok

Joined: 27 Feb 2007 Location: Seoul, South Korea
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Posted: Wed Jul 25, 2012 12:17 am Post subject: Clarification |
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I meant this:
KSA
USD50,000 salary for IS teacher in KSA
USD8,000 tuition payment/child attending IS in KSA
ROK
USD? salary for IS teacher in KSA (I expect much lower than 50K)
USD25,000 tuition payment/child attending IS in ROK |
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soomin
Joined: 18 Jun 2009 Location: Daegu
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definitely maybe
Joined: 16 Feb 2008
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Posted: Wed Jul 25, 2012 1:29 am Post subject: |
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A number of them are accredited through the Korean Ministry of Education, as opposed to international accreditation organizations. This could account for gaps in pay, facilities, qualifications, etc. There are a few schools in and around Seoul that are quite competitive though, and salaries there tend to be on par with the rest of the world. Keep in mind, there are also salary steps that take education and experience into account, and the examples I have seen while researching international education tend to be fairly uniform.
The stuff that tends to advertised on places like Dave's is for international schools that are known to fall in lower tiers, may not actually be "international/foreign", maintain enrollments that are significantly Korean as opposed to international, and keep an eye on profit vs. quality of education. |
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cdninkorea

Joined: 27 Jan 2006 Location: Seoul
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Posted: Wed Jul 25, 2012 1:42 am Post subject: |
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| I met a teacher at Seoul Foreign School, and he told me that most of the students' parents don't pay the tuition themselves. This is likely part of the reason for the high price- most of the time either their embassies pay (if the students' parents are diplomats) or their companies pay (if they students' parents are executives on an expat package). |
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sml7285
Joined: 26 Apr 2012
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Posted: Wed Jul 25, 2012 1:52 am Post subject: |
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| cdninkorea wrote: |
| I met a teacher at Seoul Foreign School, and he told me that most of the students' parents don't pay the tuition themselves. This is likely part of the reason for the high price- most of the time either their embassies pay (if the students' parents are diplomats) or their companies pay (if they students' parents are executives on an expat package). |
My brother attended the American Seoul Foreign School (Apparently there's a British one as well) when my dad was teaching in Korea on the Fulbright. Pretty much every single kid there was a child of a diplomat. My brother's tuition was taken care of as well if I remember correctly. |
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ttompatz

Joined: 05 Sep 2005 Location: Kwangju, South Korea
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Posted: Wed Jul 25, 2012 2:30 am Post subject: |
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Those are NOT proper "international" schools.
They do not have "international" accreditation.
They do not require teachers to be "certified" teachers.
They do not require education related degrees.
Proper TEACHERS do not get E2 visas. E2 is "teacher of a foreign language". Certified teachers teaching anything other than "English" get E7s.
Proper "international school" teachers start at about double what a hagwan teacher gets (plus benefits) and top out in the best schools in Asia at about US$100k per anum (plus benefits).
Proper "international" schools do not advertise for staff on ESL boards.
Look at places like: http://www.ibo.org , http://www.tes.co.uk/jobs , Search Associates, ISS, college and university campus job fairs, etc.
. |
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byrddogs

Joined: 19 Jun 2009 Location: Shanghai
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Posted: Wed Jul 25, 2012 2:45 am Post subject: |
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| ttompatz wrote: |
Those are NOT proper "international" schools.
They do not have "international" accreditation.
They do not require teachers to be "certified" teachers.
They do not require education related degrees.
Proper TEACHERS do not get E2 visas. E2 is "teacher of a foreign language". Certified teachers teaching anything other than "English" get E7s.
Proper "international school" teachers start at about double what a hagwan teacher gets (plus benefits) and top out in the best schools in Asia at about US$100k per anum (plus benefits).
Proper "international" schools do not advertise for staff on ESL boards.
Look at places like: http://www.ibo.org , http://www.tes.co.uk/jobs , Search Associates, ISS, college and university campus job fairs, etc.
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All of this is spot on. Thanks ttom for clearing some things up for people. Just because international is in the name clearly doesn't make it a proper international school. |
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Nismo
Joined: 31 Aug 2005
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Posted: Wed Jul 25, 2012 3:41 am Post subject: |
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| Quit your whinging! For those prices you get top-of-the-line mediocrity! And a school bus (for an additional fee). |
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philthor
Joined: 22 Apr 2012 Location: America
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Posted: Wed Jul 25, 2012 4:25 am Post subject: |
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If you simply go to some of the websites of the various international schools in Korea, many of them list the salary scales for teachers. Also, they should have information regarding their accreditation.
Commonly, international schools pay in dollars often with a portion of the salary in the local currency. The school I work for pays totally in won; however, it is tied to a specific dollar amount so regardless of currency fluctuation, I am making practically the same amount in dollars (two days prior to depositing salaries, my school checks the exchange rate and uses that information).
From what I've seen, a fair starting salary for an international school in Korea (and when I use the term international, it means accredited and requiring teaching certification) should range from 2.7 million to 3.2 million--this is far from an exhaustive survey. |
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thunderbird
Joined: 18 Aug 2009
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Posted: Wed Jul 25, 2012 6:21 am Post subject: |
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[quote="soomin"]My friend worked at an international school in Seoul, but she made about the same as at a regular hagwon... But, that might have had to do with the fact that it was a religious international school and the focus was supposed to be on God's work rather than on pay...
Looking on Dave's job board...
2.2-2.5mil KRW http://www.eslcafe.com/jobs/korea/index.cgi?read=53851 (e-2)
2.5-3.0 mil KRW http://www.eslcafe.com/jobs/korea/index.cgi?read=53785 (only f2/f4)[/quote
wow thats amazing. i make more teaching hagwon |
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philthor
Joined: 22 Apr 2012 Location: America
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Posted: Wed Jul 25, 2012 7:07 am Post subject: |
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@thunderbird
I quickly scanned the first link, and from what I could tell, all of the listings were for language schools, not international schools (sorry if I missed it), and the second link also appears to be a language school.
If you go to
http://www.shambles.net/southkorea/
you can find links for several international schools.
In my perusal of the schools, I was wrong about many putting up the salary offerings. However, with a little bit of research on my own, below is what I found for salaries.
What I did find, though, was Busan Foreign school offers a Teaching salary from 2,500,000 (KRW) to 4,081,200 (KRW) + housing + benefits
Daegu International School offers US $30,000- $45,000 (depending on experience, education and specific skills).
Gyeonggi Suwon International school has a slightly complicated pay scale:
http://www.gsis.sc.kr/_uploads/docs/1112GSIS_ODH_SalayBenefit.pdf
The lowest salary looks to be about 2.6 million a month (fresh out of college) up to 4.5 million a month (but that's for a Ph.D and 15 years of experience).
Gyeongnam International Foreign School 2,500,000 (KRW) to 4,081,200 (KRW) + housing + benefits.
Asia Pacific International School starting salary ranging from $34,000- $46,000. Paid in 70%USD, 30% Korean Won
Korea International School Teacher Salary $38,200 - $55,200 per year
Seoul Foreign School Teachers (starting salary) $43,455 - 52,055
Yongsan International School of Seoul Teachers - $28,000- $35,000
Rainbow International School 26,000 USD Up to: 35,000 USD
Clearly SFS has the best pay. |
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