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slothrop
Joined: 03 Feb 2003
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 Posted: Wed Feb 06, 2013 9:54 pm Post subject: |
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Last edited by slothrop on Thu Feb 21, 2013 11:31 am; edited 1 time in total |
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World Traveler
Joined: 29 May 2009
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| Posted: Wed Feb 06, 2013 10:04 pm Post subject: |
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| slothrop wrote: |
| LOL do you consider your former public school teachers back in your home countries to be "raking it in" or even middle class? i know i didn't think of my former teachers in my hometown as well off. where i'm from full time supermarket employees make more than public school teachers. |
http://business.financialpost.com/2013/01/16/teachers-should-earn-their-high-pay/
My God, man, where are you from? My mother was a teacher in America, and she made good money. I guess it is important to move where the money is if you want a high paying teaching job- go to the wealthy districts- not rural Alabama.
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| Today in New York City, for example, the average annual per-teacher compensation is more than $110,000. The salary portion is $71,000, and the pension portion is $23,000. (The rest is for health insurance, FICA and other benefits.) |
Keep in mind too that public school teachers in America only work 180 days per year (out of 365 days in a years). More days are spent not working than working. |
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slothrop
Joined: 03 Feb 2003
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| Posted: Wed Feb 06, 2013 10:11 pm Post subject: |
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Last edited by slothrop on Thu Feb 21, 2013 11:31 am; edited 1 time in total |
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World Traveler
Joined: 29 May 2009
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| Posted: Wed Feb 06, 2013 10:15 pm Post subject: |
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So garbage men get paid more than $110,000 a year in NYC? I had no idea. They must be getting a lot of benefits, because this is their base salary:
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| As of August 2011, the starting salary for New York City sanitation workers was $31,200 per year. Workers get raises after six months, after one and a half years, and then once a year after that until they reach a maximum salary of $67,141 after five and a half years. |
Edit:
You are right!
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| Taxpayers in the Big Apple are forced to pay $144,000 a year for salary, health and pension benefits for garbage workers, who are unskilled but unionized laborers. |
http://www.wnd.com/2011/01/253645/
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| A decade ago, health care benefits for the department cost $150 million; they have since more than doubled to $313 million. Overall, taxpayers in New York City today spend $144,000 yearly for each garbage worker, up from $79,000 a decade ago. What�s more, taxpayers spent about $10.5 million annually to fund sanitation workers� pensions. This year, it will cost $240 million � a more than 20-fold increase. |
Pension payments for trash collectors in America's biggest city exceed the total remuneration package for NETs working in Korea. @.@ ㅠㅠ |
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12ax7
Joined: 07 Nov 2009
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| Posted: Thu Feb 07, 2013 3:32 am Post subject: |
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So, how many of you who are complaining about your salaries not being as much as what is considered middle-class for a family of four actually have a family to support?  |
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No_hite_pls
Joined: 05 Mar 2007
Location: Don't hate me because I'm right
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| Posted: Thu Feb 07, 2013 6:42 pm Post subject: |
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| silkhighway wrote: |
| slothrop wrote: |
but why does anyone think an esl teacher should make middle class money? do foreign language teachers in your home country who teach at language schools earn big bucks or have job security or retirement plans?LOL do you consider your former public school teachers back in your home countries to be "raking it in" or even middle class? i know i didn't think of my former teachers in my hometown as well off. where i'm from full time supermarket employees make more than public school teachers. i remember most of my teachers as disgruntled/given up on life for minimal security zombies.
i used to teach korean public school teachers in graduate courses and alot of them had regrets about the path they'd chosen. more than a few ranted how they should have gone for other gov jobs like dong office worker or DMV. teaching is a thankless, low reward, high stress job. |
Woah, back up there. Where is "home"? In most parts of Canada, public school teachers make a very respectable wage, as do public school teachers in Korea, especially for women who don't have that many high paying career options to begin with. Of course they complain, nobody is ever satisfied. |
My father in law is a teacher in Canada and raised two children on one salary. His family's net worth is over a million. They have two fully paid for houses in a nice part of town and his pension is about 3,500 a month. He is still working and collecting his pension at the same time. He is making bank now. I am very jealous of him. Teacher is a fine job in Canada.
Last edited by No_hite_pls on Thu Feb 07, 2013 6:54 pm; edited 5 times in total |
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No_hite_pls
Joined: 05 Mar 2007
Location: Don't hate me because I'm right
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| Posted: Thu Feb 07, 2013 6:45 pm Post subject: |
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| 12ax7 wrote: |
| So, how many of you who are complaining about your salaries not being as much as what is considered middle-class for a family of four actually have a family to support? |
Many of us have families or would like to be able to have a family. |
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slothrop
Joined: 03 Feb 2003
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| Posted: Thu Feb 07, 2013 10:10 pm Post subject: |
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edit
Last edited by slothrop on Thu Feb 21, 2013 11:32 am; edited 1 time in total |
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World Traveler
Joined: 29 May 2009
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| Posted: Thu Feb 07, 2013 10:20 pm Post subject: |
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| slothrop wrote: |
| he told me that he was making just under 50 grand a year and in good months he could save 500, but some months he couldn't save anything. we were both 30 years old at the time and not young kids just out of college. he seriously considered quitting his job and coming to korea, but eventually decided against it. since that time he lost that job, collected unemployment for quite a while(he made more in unemployment than i made working!LOL) and now has a job as an accountant at a large corporation making 70 grand a year. he claims that now he saves nothing and is over a hundred grand underwater on a mortage. |
It's not as black and white as you save more than him, though. First, who is paying more into pension (and social security)? Next, who is paying on a house (an asset that can be later sold)? Although it may not look like it, your friend is actually saving more than you are. |
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slothrop
Joined: 03 Feb 2003
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| Posted: Thu Feb 07, 2013 10:30 pm Post subject: |
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Last edited by slothrop on Thu Feb 21, 2013 11:33 am; edited 1 time in total |
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World Traveler
Joined: 29 May 2009
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| Posted: Thu Feb 07, 2013 10:47 pm Post subject: |
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| But...the USA is the strongest economy the world has ever seen. It's not going to collapse. Don't believe all the doom and gloom from conspiracy theorists. (Many smart economists work for the U.S. government. They will figure out a solution. Definately, money is not going to be inflated away until it is worthless.) |
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slothrop
Joined: 03 Feb 2003
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| Posted: Thu Feb 07, 2013 10:56 pm Post subject: |
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Last edited by slothrop on Thu Feb 21, 2013 11:33 am; edited 1 time in total |
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World Traveler
Joined: 29 May 2009
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| Posted: Thu Feb 07, 2013 11:01 pm Post subject: |
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| Really? Inflation in the U.S. was only 1.7% this year. That's almost nothing. Historically, South Korean inflation has been much higher, and that will continue on into the future. |
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slothrop
Joined: 03 Feb 2003
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| Posted: Sat Feb 09, 2013 8:28 am Post subject: |
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Last edited by slothrop on Thu Feb 21, 2013 11:35 am; edited 1 time in total |
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Weigookin74
Joined: 26 Oct 2009
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| Posted: Sat Feb 09, 2013 10:54 pm Post subject: |
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| slothrop wrote: |
| World Traveler wrote: |
| Really? Inflation in the U.S. was only 1.7% this year. That's almost nothing. Historically, South Korean inflation has been much higher, and that will continue on into the future. |
i was going to not respond because we've already derailed this thread beyond repair, and i admit i'm not an expert on the subject... but...
you do realize that the US gov keeps changing the way they determine the anual rate of inflation in order to downplay the reality, right?
you are correct in that according to the way they figure the anual rate of inflation today that last years rate was 1.7%. but if they figured it the same way they did in 1990 then last years rate of inflation would be around 5%. and if they figured it the way they did back in 1980 then last years rate of inflation would be 10%. the real rate of inflation is not slowing down, they are just changing the criteria they use in order to create the illusion of price stability when they release the numbers.
http://www.shadowstats.com/alternate_data/inflation-charts |
Makes sense. Unless the Fed quite printing money (quantitative easing), then you ain't seen nothin' yet. |
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