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Korean Job Discussion Forums
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World Traveler
Joined: 29 May 2009
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 Posted: Mon Feb 18, 2013 6:34 pm Post subject: |
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| cheolsu wrote: |
http://cfile22.uf.tistory.com/image/155CB7375077AC012FAD60
This image shows the distribution of income, as well as average income by age. The average income for a man in his 20s is about 2.5 million won per month |
If we were to round the numbers:
Typical salary for Korean male in his 20's: 2.5 million
Typical salary for Korean male in his 30's: 3.8 million
Typical salary for Korean male in his 40's: 5.1 million
Typical salary for Korean male in his 50's: 4.9 million
Typical salary for Korean male in his 60's: 2.9 million
(Once again, income is under reported by many as a way of avoiding taxes. There are large cash bonuses not included in these figures.) |
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fustiancorduroy
Joined: 12 Jan 2007
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| Posted: Mon Feb 18, 2013 10:20 pm Post subject: |
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| cheolsu wrote: |
http://cfile22.uf.tistory.com/image/155CB7375077AC012FAD60
This image shows the distribution of income, as well as average income by age. The average income for a man in his 20s is about 2.1 million won per month (or 25 million won, the Korean expresses this as 2499만원), but he can expect it to double to about 4 million won per month by the time he reaches his 40s and 50s.
http://blog.daum.net/_blog/BlogTypeView.do?blogid=0UhVc&articleno=6&_bloghome_menu=recenttext#ajax_history_home
This link shows that a household income of 2 million won per month would rank in the poorest 30% of households. The median household income is a bit over 3 million won per month, while households making 5-6 million won per month rank in the richest 20%.
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Thanks for these links. Based on this, my income places me in the 97th percentile among all wager earners in Korea. That's good to know. |
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World Traveler
Joined: 29 May 2009
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| Posted: Mon Feb 18, 2013 10:42 pm Post subject: |
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Congrats, man. Pretty soon you'll be giving Madoka a run for his money. ^__^
| fustiancorduroy wrote: |
| I have a 1,000 square foot apartment with three bedrooms and two bathrooms in the middle of Seoul. I pay 1.5 million won a month in rent. The bills for the apartment are generally 150,000 to 300,000 won a month. My car payments are 650,000 won a month. I spend about 250,000 a month on gasoline. My meals cost at least 10,000 each, and that would be a cheap meal. More generally I spend between 15,000 and 40,000 won per meal. In total, I spend about 600,000 won a month eating out and another 300,000 on groceries. So just my basic bills are about 3.5 million a month. |
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KimchiNinja
Joined: 01 May 2012
Location: Gangnam
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| Posted: Tue Feb 19, 2013 12:00 am Post subject: |
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| 12ax7 wrote: |
| World Traveler wrote: |
Great link! (Not sure what your point was, but I like how it shows-even when taking into account "cost of living"- the U.S. is a great place to be. Loads of disposable income there, and the U.S. is getting better, not worse.)
http://en.m.wikipedia.org/wiki/Developed_country#section_4 |
Yes, the US economy has actually improved in 2012, and it's expected to do even better in 2013... |
I'm going to keep my mouth shut. |
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cheolsu
Joined: 16 Jan 2009
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| Posted: Tue Feb 19, 2013 3:52 pm Post subject: |
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| World Traveler wrote: |
If we were to round the numbers:
Typical salary for Korean male in his 20's: 2.5 million
Typical salary for Korean male in his 30's: 3.8 million
Typical salary for Korean male in his 40's: 5.1 million
Typical salary for Korean male in his 50's: 4.9 million
Typical salary for Korean male in his 60's: 2.9 million
(Once again, income is under reported by many as a way of avoiding taxes. There are large cash bonuses not included in these figures.) |
I would take your word for it if your Korean wasn't so bad as to not be able to understand the chart. The chart expresses annual salaries, not monthly salaries, in 10,000-won units. The average salary for a man in his 30s is just over 3 million won per month.
As it is, about a third of all workers are contract workers:
http://www.seoul.co.kr/news/newsView.php?id=20130201019004
No one is dumb enough to not count those large bonuses in annual salary. The base salary of a level-5 civil servant as I posted earlier, for example, is 2.5 million per month, but it's 4.7 million won per month when you add in extra compensation, which includes four bonuses of one month's salary, among other things.
There are a lot of crappy jobs out there, far more than there are good jobs. This article describes how there 81 applicants for every one contract position in Gwangju as school administrative staff, a position that pays about 1.3 million won per month, and 35 applicants for every one position as a cook, a job that pays about a million won per month.
http://www.yonhapnews.co.kr/local/2012/12/13/0805000000AKR20121213100500054.HTML |
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World Traveler
Joined: 29 May 2009
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| Posted: Tue Feb 19, 2013 5:32 pm Post subject: |
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| cheolsu wrote: |
| I would take your word for it if your Korean wasn't so bad as to not be able to understand the chart. |
Whatever. I just glanced at it.
Here's a task for you, if you're up to the challenge:
Make a post with some links comparing salaries for college degree holders in the West to ESL waygook workers in Korea.
Next, make a post about how wages for ESL in Korea are increasing, and are expected to rise further in the future.
I need some positive news to brighten my day. Thanks. (^_^) |
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cheolsu
Joined: 16 Jan 2009
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| Posted: Tue Feb 19, 2013 5:42 pm Post subject: |
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Here's a task for you. Plan my classes for the next week. Print out the handouts, photocopy them and paper clip them together. Have them on my desk by 9 am on Tuesday. Actually, make that 8:30 am on Tuesday.
Also, I'd like a whole wheat bagel, toasted with cream cheese and a brewed coffee (NOT an Americano) with one cream, no sugar.
Thanks! |
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Evanzinho
Joined: 10 Apr 2008
Location: California
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| Posted: Tue Feb 19, 2013 5:59 pm Post subject: |
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| cheolsu wrote: |
Also, I'd like a whole wheat bagel, toasted with cream cheese and a brewed coffee (NOT an Americano) with one cream, no sugar.
Thanks! |
Preparing World Traveler for his future job as a barista when he returns to the States?  |
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World Traveler
Joined: 29 May 2009
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| Posted: Tue Feb 19, 2013 6:19 pm Post subject: |
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Evanzinho, what's your job, bro-bag?
From what I understand (correct me if I'm wrong) you're a vapid (apologist) weirdo with a Korean wife who doesn't even live in Korea. Not sure why you're still trolling the ESL message boards seeing as how you live in the West (apparently).
No, I'm not going to become a barista. I have a masters degree, something less than one in ten adults in America have.
Cheolsu made a dumb response because he knows I'm right: earnings potential in Korea is going downhill...and...university graduates in the U.S. make more than ESLers in Korea.
Better to just avoid that though and make a zinger. Apologists unite! Defend all things Korean (indirectly making life worse for people who teach ESL here)! |
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cheolsu
Joined: 16 Jan 2009
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| Posted: Tue Feb 19, 2013 6:37 pm Post subject: |
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| World Traveler wrote: |
| Cheolsu made a dumb response because he knows I'm right: earnings potential in Korea is going downhill...and...university graduates in the U.S. make more than ESLers in Korea. |
Uh, no, I made a dumb response because I'm not going to do your research for you. We also weren't talking about earnings for native speakers. Every (on-topic) post I've made has been about typical salaries in Korea for Koreans.
Yes, salaries are staying stagnant for those in the EFL industry. Yes, university graduates make more in the US than in Americans teaching EFL in Korea. Guess what? American university graduates in America also make more than Korean university graduates in Korea. An assistant manager with a high school diploma who manages a sporting goods store in Toronto makes more than a fresh graduate makes at a South Korean conglomerate. Someone making minimum wage in Toronto makes more than half of all South Koreans. There's obviously more to life than plain dollar amounts. Or, maybe for you, there isn't.
My only reason for posting in this thread was to provide information that no one else had. I've done that. You may continue your pity party. |
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World Traveler
Joined: 29 May 2009
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| Posted: Tue Feb 19, 2013 7:12 pm Post subject: |
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| cheolsu wrote: |
| There's obviously more to life than plain dollar amounts. Or, maybe for you, there isn't. |
No. There is for me too. BUT money (and vacation time) is a very important factor in terms of quality of life.
I'm just saying, the more you are an apologist, the more wages (and vacation time) will fall.
Is that an outcome you want?
Yes or no?
Please explain how being an apologist benefits your life. (It doesn't.) |
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wishfullthinkng
Joined: 05 Mar 2010
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| Posted: Tue Feb 19, 2013 7:25 pm Post subject: |
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| World Traveler wrote: |
Evanzinho, what's your job, bro-bag?
From what I understand (correct me if I'm wrong) you're a vapid (apologist) weirdo with a Korean wife who doesn't even live in Korea. Not sure why you're still trolling the ESL message boards seeing as how you live in the West (apparently).
No, I'm not going to become a barista. I have a masters degree, something less than one in ten adults in America have.
Cheolsu made a dumb response because he knows I'm right: earnings potential in Korea is going downhill...and...university graduates in the U.S. make more than ESLers in Korea.
Better to just avoid that though and make a zinger. Apologists unite! Defend all things Korean (indirectly making life worse for people who teach ESL here)! |
oooh a masters degree. if everyone had a masters degree would that make anyone actually any more inherantly intelligent? just because you have a piece of paper stating you paid more money to go to school for longer doesn't make you smarter than a barista. you already prove this to be true in many of your posts.
and some american graduates make more than esl teachers out of the gate here, yes you are absolutely correct. but those graduates have to pay for housing, a car, and car insurance as well as live in someplace like raleigh. when you boil it down esl teachers here are on an equivalent playing field, if not better off.
again, world traveler, your choice of user name defies how you actually seem to think. |
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World Traveler
Joined: 29 May 2009
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| Posted: Tue Feb 19, 2013 7:39 pm Post subject: |
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| wishfullthinkng wrote: |
| just because you have a piece of paper stating you paid more money to go to school for longer doesn't make you smarter than a barista. you already prove this to be true in many of your posts. |
Why? Because I said prostitution is wrong (which infuriated you) and said vegetarianism can be healthy (which is true)?
People with a masters degree from the U.S. have more options in life. That's what I was saying. Since you are calling me stupid, I will address that:
I have an MENSA level IQ; when I was six years old, I scored high enough on an IQ test to be put in a special program (the gifted program). You really don't know what you are talking about. I'm not stupid nor am I closed minded. I'd say you're a lot more closed minded than I am. |
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wishfullthinkng
Joined: 05 Mar 2010
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| Posted: Tue Feb 19, 2013 9:34 pm Post subject: |
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| World Traveler wrote: |
Why? Because I said prostitution is wrong (which infuriated you) and said vegetarianism can be healthy (which is true)?
People with a masters degree from the U.S. have more options in life. That's what I was saying. Since you are calling me stupid, I will address that:
I have an MENSA level IQ; when I was six years old, I scored high enough on an IQ test to be put in a special program (the gifted program). You really don't know what you are talking about. I'm not stupid nor am I closed minded. I'd say you're a lot more closed minded than I am. |
i didn't say you were completely stupid. you have made a post or two that i actually agreed with. i said that some of the things you say make you sound way less intelligent than some of the baristas out there and some that i've personally known that you were bashing on. those points i tend to call you out on.
i never disagreed with the idea people with masters degrees have more options in life. that's a no-brainer.
and as for your mensa level iq, well unfortunately some of the smartest people tend to be the most close-minded. just because someone is intelligent on an aptitude test doesn't stop them from being a close-minded neckbeard. you are no better than some of your hated baristas and you'd be even wiser for understanding that.
and flipping my own assessment of your character back at me? very juvenile and hardly true. |
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World Traveler
Joined: 29 May 2009
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| Posted: Tue Feb 19, 2013 10:51 pm Post subject: |
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| wishfullthinkng wrote: |
| i said that some of the things you say make you sound way less intelligent than some of the baristas out there and some that i've personally known that you were bashing on. |
| wishfullthinkng wrote: |
| you are no better than some of your hated baristas and you'd be even wiser for understanding that. |
I never said I hated baristas (nor do I look down on them). I was simply responding to an idiotic comment and saying no, my career options are not limited to becoming a barista. (Seeing as how I invested so much time and money into getting a masters degree, it'd be foolish for me to become one. And no, that doesn't make me an elitist.)
| wishfullthinkng wrote: |
| flipping my own assessment of your character back at me? very juvenile and hardly true. |
I'm going to do it again, and say you act more juvenile than me.  |
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