|
Korean Job Discussion Forums
"The Internet's Meeting Place for ESL/EFL Teachers from Around the World!"
|
| View previous topic :: View next topic |
| Author |
Message |
FDNY
Joined: 27 Sep 2010
|
 Posted: Sat Jan 04, 2014 5:39 pm Post subject: Average Salary in Korea Now 4,789,375 KRW/month |
 |
|
http://www.salaryexplorer.com/salary-survey.php?&loctype=1&loc=114
Here's a Small Sample List
Accounting and Finance 1,938,333 KRW
Food /Hospitality / Tourism / Catering 2,000,000 KRW
Teaching / Education 2,233,333 KRW
Human Resources 2,916,667 KRW
Administration / Reception / Secretarial 3,000,000 KRW
Pharmaceutical and Biotechnology 3,166,667 KRW
Advertising / Grapic Design / Event Management 3,583,333 KRW
Business Planning 4,108,333 KRW
Sales Retail and Wholesale 4,800,000 KRW
Construction / Building / Installation 5,000,000 KRW
Information Technology 5,177,778 KRW
Factory and Manufacturing 5,500,000 KRW
Engineering 5,783,667 KRW
Science and Technical Services 8,000,000 KRW
Banking 10,000,000 KRW
Executive and Management 10,500,000 KRW |
|
| Back to top |
|
 |
edwardcatflap
Joined: 22 Mar 2009
|
| Posted: Sat Jan 04, 2014 6:05 pm Post subject: |
|
|
| That seems way too high to me. The average UK salary is 26000 pounds a year, which at the current rate of exchange would be 3752767 Korean won a month. A whole million won a month less,though the UK economy is around 6th or 7th in the world, compared to Korea's 15th/16th. |
|
| Back to top |
|
|
byrddogs
Joined: 19 Jun 2009
Location: Shanghai
|
| Posted: Sat Jan 04, 2014 6:16 pm Post subject: |
|
|
| Good to see I'm overall average and not just teaching/education average. |
|
| Back to top |
|
|
World Traveler
Joined: 29 May 2009
|
| Posted: Sat Jan 04, 2014 6:28 pm Post subject: |
|
|
The UK has more people, so it makes sense their overall economy would be slightly bigger than South Korea's. On a per capita basis, they are about neck and neck.
Overall wages for Koreans are going up.
Overall wages for NETs are going down (and will continue to go down).
Talk to any lifer. They will tell you, "When I first got here, I made more money than most of my Korean friends. Now I make less money than most of my Korean friends."
_____________________________________
What is causing it you may ask? The locals got better at English so we are less relevant/less needed. Also, technology changed the game big time. It is easy to get a cheap Filipino on Skype now.
Last edited by World Traveler on Sat Jan 04, 2014 6:33 pm; edited 2 times in total |
|
| Back to top |
|
|
radcon
Joined: 23 May 2011
|
| Posted: Sat Jan 04, 2014 6:31 pm Post subject: |
|
|
| Very pointless website. It just uses data provided by people who answer their survey. 32 people posted their salaries. I don't think you can get an accurate measurement. I can assure you that the average salary in Korea is no where near 4.8 million. |
|
| Back to top |
|
|
edwardcatflap
Joined: 22 Mar 2009
|
| Posted: Sat Jan 04, 2014 6:41 pm Post subject: |
|
|
| Quote: |
On a per capita basis, they are about neck and neck.
|
So why is their average wage a million won more?
| Quote: |
Overall wages for NETs are going down (and will continue to go down).
|
Speak for yourself - as you always do
| Quote: |
Talk to any lifer. They will tell you, "When I first got here, I made more money than most of my Korean friends. Now I make less money than most of my Korean friends."
|
I've no idea how much my Korean friends make and wouldn't be tactless enough to ask. |
|
| Back to top |
|
|
World Traveler
Joined: 29 May 2009
|
| Posted: Sat Jan 04, 2014 7:00 pm Post subject: |
|
|
| edwardcatflap wrote: |
| Quote: |
| Talk to any lifer. They will tell you, "When I first got here, I made more money than most of my Korean friends. Now I make less money than most of my Korean friends." |
I've no idea how much my Korean friends make and wouldn't be tactless enough to ask. |
So in other words, I'm right.
| edwardcatflap wrote: |
| Quote: |
| Overall wages for NETs are going down (and will continue to go down). |
Speak for yourself - as you always do |
Oh, so I'm not supposed to talk about the market overall, just individual examples? OK, I heard there is this dude named fustiancorduroy who makes a lot of money.  He is an example of someone who has become successful teaching ESL in Korea. 
___________________________________________________
The average NET is not rich compared to the average Korean. That is a myth (that needs to die).
But that's just average. Although the market is becoming worse for most, there are some standout illustrious individuals such as The Urban Myth, edwardcatflap, fustiancorduroy, and PatrickGHBusan who can "make it work". |
|
| Back to top |
|
|
byrddogs
Joined: 19 Jun 2009
Location: Shanghai
|
| Posted: Sat Jan 04, 2014 7:16 pm Post subject: |
|
|
| World Traveler wrote: |
| edwardcatflap wrote: |
| Quote: |
| Talk to any lifer. They will tell you, "When I first got here, I made more money than most of my Korean friends. Now I make less money than most of my Korean friends." |
I've no idea how much my Korean friends make and wouldn't be tactless enough to ask. |
So in other words, I'm right.
| edwardcatflap wrote: |
| Quote: |
| Overall wages for NETs are going down (and will continue to go down). |
Speak for yourself - as you always do |
Oh, so I'm not supposed to talk about the market overall, just individual examples? OK, I heard there is this dude named fustiancorduroy who makes a lot of money. He is an example of someone who has become successful teaching ESL in Korea.
___________________________________________________
The average NET is not rich compared to the average Korean. That is a myth (that needs to die).
But that's just average. Although the market is becoming worse for most, there are some standout illustrious individuals such as The Urban Myth, edwardcatflap, fustiancorduroy, and PatrickGHBusan who can "make it work". |
Do you think that marginally qualified people (which the majority are) teaching esl in Korea deserve more than what is the standard? |
|
| Back to top |
|
|
northway
Joined: 05 Jul 2010
|
| Posted: Sat Jan 04, 2014 7:50 pm Post subject: |
|
|
| byrddogs wrote: |
| World Traveler wrote: |
| edwardcatflap wrote: |
| Quote: |
| Talk to any lifer. They will tell you, "When I first got here, I made more money than most of my Korean friends. Now I make less money than most of my Korean friends." |
I've no idea how much my Korean friends make and wouldn't be tactless enough to ask. |
So in other words, I'm right.
| edwardcatflap wrote: |
| Quote: |
| Overall wages for NETs are going down (and will continue to go down). |
Speak for yourself - as you always do |
Oh, so I'm not supposed to talk about the market overall, just individual examples? OK, I heard there is this dude named fustiancorduroy who makes a lot of money. He is an example of someone who has become successful teaching ESL in Korea.
___________________________________________________
The average NET is not rich compared to the average Korean. That is a myth (that needs to die).
But that's just average. Although the market is becoming worse for most, there are some standout illustrious individuals such as The Urban Myth, edwardcatflap, fustiancorduroy, and PatrickGHBusan who can "make it work". |
Do you think that marginally qualified people (which the majority are) teaching esl in Korea deserve more than what is the standard? |
The fact that the OP posted this under the title he did kind of reiterates this, if it's based on an online survey. |
|
| Back to top |
|
|
schwa
Joined: 18 Jan 2003
Location: Yap
|
| Posted: Sat Jan 04, 2014 7:54 pm Post subject: |
|
|
| byrddogs wrote: |
Do you think that marginally qualified people (which the majority are) teaching esl in Korea deserve more than what is the standard? |
This I think is on point. I'd extend "marginally qualified" to "clueless" in many cases (after many classroom observations).
Sincere smiling young white folk with BAs dont automatically warrant middle class wages nor should they. Prove themselves, then theres something to negotiate.
Hiring practices here are questionable but Koreans arent stupid. |
|
| Back to top |
|
|
World Traveler
Joined: 29 May 2009
|
| Posted: Sat Jan 04, 2014 7:58 pm Post subject: |
|
|
| Even your pay was cut, schwa (no more level 1++), and your vacation was cut as well. What do you think about that? |
|
| Back to top |
|
|
saram_
Joined: 13 May 2008
|
| Posted: Sat Jan 04, 2014 8:13 pm Post subject: |
|
|
A couple of points..
First off, I don't think anybody can really take these results seriously..
Only 32 people have been recorded here. You can see all of the individual stats for each including experience, age, nationality etc..
There is nothing to differentiate the person who works ten years in banking to 1 year in something else. It's not in any way a fair comparison..
A lot of the 32 are not even Korean- So to say well these are an accurate reflection on the average salary of the population here is downright wrong..
It's kind of interesting to look at other countries in the survey though as at least a lot more people are taken into account.. ( more than 32 anyway).
You can be betting your bottom Won that the average salary of people working in Korea is way less than the figure offered here.
This kind of thread is great for the whole oh ESL in Korea is dying v ESL in Korea is fine debate.
Surely no one can deny the market is diminishing.. (Way more teachers here for perhaps a smaller market)
For one- as an E2'er it's far more difficult (illegal and less demand) to get extra income on the side to prop up pay..
Then even if the visa were an F6 or F5 or something- making huge amounts isn't as easy either- pay rates are staying the same or just marginally increasing on the whole.
There are always exceptions to every rule but on the whole-making a way above the median of your average worker in Korea is not as easy as it was before.
I am still in the there is enough to be made here for the foreseeable future tho..
Teaching English here can be pretty lucrative still. |
|
| Back to top |
|
|
byrddogs
Joined: 19 Jun 2009
Location: Shanghai
|
| Posted: Sat Jan 04, 2014 8:14 pm Post subject: |
|
|
| If anything, I'd say that Korea overpaid in both salaries and benefits to people that don't exactly have much to qualify them in the past. What has happened in the last few years is no surprise. |
|
| Back to top |
|
|
schwa
Joined: 18 Jan 2003
Location: Yap
|
| Posted: Sat Jan 04, 2014 8:16 pm Post subject: |
|
|
| World Traveler wrote: |
| Even your pay was cut, schwa (no more level 1++), and your vacation was cut as well. What do you think about that? |
I'm out of here soon or maybe still looking for a soft post-retirement position in Sokcho. Found my happiness here. Its been a rewarding ride.
No argument, conditions generally are worsening. |
|
| Back to top |
|
|
edwardcatflap
Joined: 22 Mar 2009
|
| Posted: Sat Jan 04, 2014 8:18 pm Post subject: |
|
|
| Quote: |
So in other words, I'm right.
|
How do you work that out? I told you I don't ask my Korean friends, or any friends come to that, about their salaries. Are you accusing me of lying? Asking people how much they earn may be normal in America but in some cultures it's not considered polite.
As Saram says, salaries for NEWBS have gone down or stagnated but why do you keep bellyaching about it? You have an MA and. CELTA, go somewhere else if it bothers you that much. Maybe a place with an easier language to learn eh? |
|
| Back to top |
|
|
|
|
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
