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baedaebok
Joined: 27 Feb 2007
Location: Seoul, South Korea
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 Posted: Sun Apr 28, 2013 10:10 pm Post subject: Low salaries: W2.0mil at Daegu Univ |
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What's with the low salaries (e.g., W2.0 million at Daegu Univ). In 1996, they were offering almost the same salary (when I was there).
What's going on?
BDB |
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Skippy
Joined: 18 Jan 2003
Location: Daejeon
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| Posted: Sun Apr 28, 2013 10:14 pm Post subject: |
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Inflation, job market, influx of foreign teachers, and the basic ability to get away with it. If the school can find someone who will do it for 2 mill, then they will.
Also for some Universities, it is the hours. So 2 mil for 12 or 14 hours a week of work is OK to me |
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le-paul
Joined: 07 Apr 2009
Location: dans la chambre
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| Posted: Sun Apr 28, 2013 10:47 pm Post subject: |
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| yep, id take a pay cut just to have some respect from my boss and co-teachers on a regular basis... |
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baedaebok
Joined: 27 Feb 2007
Location: Seoul, South Korea
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| Posted: Mon Apr 29, 2013 12:55 am Post subject: Salaries have decreased 54% |
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If you assume the mean inflation rate between 1996 and 2013 is 3.5% (in ROK), a W2million salary paid in 1996 is worth W3.7million in 2013. Conversely, the W2 million salary in 2013 is actually worth W1,076,722.
Thus, the univ salary has decreased 54% since 1996. It looks like someone is making a lot of money (on the backs of foreign EFL teachers)!
BDB |
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Skippy
Joined: 18 Jan 2003
Location: Daejeon
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| Posted: Mon Apr 29, 2013 1:23 am Post subject: Re: Salaries have decreased 54% |
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| baedaebok wrote: |
If you assume the mean inflation rate between 1996 and 2013 is 3.5% (in ROK), a W2million salary paid in 1996 is worth W3.7million in 2013. Conversely, the W2 million salary in 2013 is actually worth W1,076,722.
Thus, the univ salary has decreased 54% since 1996. It looks like someone is making a lot of money (on the backs of foreign EFL teachers)!
BDB |
Yes, maybe I was being a bit glib with the term inflation. I think 1996 rates where very high, that was before the IMF crash. After 1997 things got really low, then stabilized for again.
Remember I would say before 2005 coming to Korea was a bit special. Now any idiot with a half a clue and a capable recruiter can get here. The cowboy era of ESL teachers in Korea ended in the early 2000s.
Anyways, this post is just a variation that will expand and start the whole the job market situation in Korea debate. It is very multifaceted and not always a simple answer. |
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Dodge7
Joined: 21 Oct 2011
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| Posted: Mon Apr 29, 2013 1:50 am Post subject: |
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| le-paul wrote: |
| yep, id take a pay cut just to have some respect from my boss and co-teachers on a regular basis... |
LOL what respect?! Your still a loser basket weaver foreign teacher in their eyes. This isn't the West where you WOULD get respect. You arent even a real teacher let alone 'professor'. That's funny. |
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le-paul
Joined: 07 Apr 2009
Location: dans la chambre
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| Posted: Mon Apr 29, 2013 2:20 am Post subject: |
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| Dodge7 wrote: |
| le-paul wrote: |
| yep, id take a pay cut just to have some respect from my boss and co-teachers on a regular basis... |
LOL what respect?! Your still a loser basket weaver foreign teacher in their eyes. This isn't the West where you WOULD get respect. You arent even a real teacher let alone 'professor'. That's funny. |
yeah, i should have emboldened the word some |
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World Traveler
Joined: 29 May 2009
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| Posted: Mon Apr 29, 2013 3:25 am Post subject: |
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The 2.0 salary wouldn't be so bad if they weren't making such ridiculous demands:
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Minimum Qualifications:
M.A. in any subject + 2 years university teaching experience
B.A. in any subject + 4 years university teaching experience
Please note that 1 year of experience in a public school setting is equal to .8 years university experience.
1 year of experience in a private academy is equal to .5 years university experience. Experience earned while completing a degree program is not counted.
Applicants who fail to meet these basic requirements will not be considered. All qualifications must be completed at the time of application. Female applicants holding an M.A. are strongly preferred and will be given first consideration. |
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ewlandon
Joined: 30 Jan 2011
Location: teacher
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| Posted: Mon Apr 29, 2013 4:05 am Post subject: |
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| World Traveler wrote: |
The 2.0 salary wouldn't be so bad if they weren't making such ridiculous demands:
| Quote: |
Minimum Qualifications:
M.A. in any subject + 2 years university teaching experience
B.A. in any subject + 4 years university teaching experience
Please note that 1 year of experience in a public school setting is equal to .8 years university experience.
1 year of experience in a private academy is equal to .5 years university experience. Experience earned while completing a degree program is not counted.
Applicants who fail to meet these basic requirements will not be considered. All qualifications must be completed at the time of application. Female applicants holding an M.A. are strongly preferred and will be given first consideration. |
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Wow only 6 more years of working at a hogwon and I'll be illegible to move up to University level where I can be a real professor. The way I see it, it's only a little more time that I would need to get a PHD back home and I can work and save money while doing it instead of getting myself deeper into debt while getting a PHD. |
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baedaebok
Joined: 27 Feb 2007
Location: Seoul, South Korea
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| Posted: Mon Apr 29, 2013 4:10 am Post subject: Do the PHd thing |
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I encourage you to get that PHd while you teach in Korea. Don't waste your time with going out every night. Invest in your future. But do the PHd in a subject that you are interested in and will bear fruit later on.
BDB |
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liveinkorea316
Joined: 20 Aug 2010
Location: South Korea
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| Posted: Mon Apr 29, 2013 5:01 am Post subject: |
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Haha, you're worried about the salary? I would be more concerned about the fact that a female MA holder will be "considered first". Stops me from applying. Haha
Actually the salary is much higher than you suggest because teaching over one of the 8 week vacations can net the teacher an extra 1-2 months salary equavalent and also during semesters it is likely that you would be asked to teach more than 12 hours per week. So of course the total package would probably be in the range 2.5 - 3 million won all depending on how much you wanted to work.
Not bad if you are an MA holding woman~ |
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World Traveler
Joined: 29 May 2009
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| Posted: Mon Apr 29, 2013 5:14 am Post subject: |
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| I wonder who would get top preference- a man holding an MA or a woman holding a BA? (I can't help but think it might be the woman with the BA >_<) God help us if there is but one female with an MA who applies. Us guys will stand almost no chance of getting the job. |
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cdninkorea
Joined: 27 Jan 2006
Location: Seoul
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| Posted: Mon Apr 29, 2013 6:50 am Post subject: |
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| No matter how you look at it, 2.0 million won is a very low salary. It may seem high compared to a hagwon job because the teaching hours are far fewer and the vacation time is far greater, but compare apples to apples here: There are plenty of university positions with much higher pay. |
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Waygeek
Joined: 27 Feb 2013
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| Posted: Mon Apr 29, 2013 9:29 am Post subject: |
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| Dodge7 wrote: |
| le-paul wrote: |
| yep, id take a pay cut just to have some respect from my boss and co-teachers on a regular basis... |
LOL what respect?! Your still a loser basket weaver foreign teacher in their eyes. This isn't the West where you WOULD get respect. You arent even a real teacher let alone 'professor'. That's funny. |
*You're still a loser.
I get plenty of respect here, from my co-workers, parents, kids, etc. Maybe the problem is you?
And are you saying every teacher in every country in the west is respected?? Please... |
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War Eagle
Joined: 15 Feb 2009
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| Posted: Mon Apr 29, 2013 3:55 pm Post subject: Re: Low salaries: W2.0mil at Daegu Univ |
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| baedaebok wrote: |
What's with the low salaries (e.g., W2.0 million at Daegu Univ). In 1996, they were offering almost the same salary (when I was there).
What's going on?
BDB |
Easy - because someone will do it for 2.0. |
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