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Korean Job Discussion Forums
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wooden nickels
Joined: 23 May 2010
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 Posted: Mon Dec 29, 2014 9:31 pm Post subject: |
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| World Traveler wrote: |
| wooden nickels wrote: |
| You asked me how much my income is per month. |
No I didn't. I asked how much you charge for for an hour of 1:1 teaching. I didn't even directly ask how much you charge students to attend your hagwon (though I was curious about that as well).
Maybe people on here reading threads want to learn. It's not all about you.
This is an anonymous forum. No need to worry about having your e-feelings hurt.
Stop being so pretentious. |
When you ask me about my personal business, it is all about me.
I have taught a friend's daughter 1:1 for free. 0 won per hour.
I have taught 1:1 for and adult salary person. 70,000 won per hour. |
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wooden nickels
Joined: 23 May 2010
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| Posted: Mon Dec 29, 2014 9:43 pm Post subject: |
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I recommend China as the future for those wanting to go into ESL as a career or for a 1 year adventure. However, for the faint of heart Korea is probably still easier to adjust to.
America may be coming out of it's slump, but Korea still has opportunities for those willing to put in the extra effort. It's a job. I came from a poor family. I did fairly well in America. I've done well since coming to Korea. I'm not boasting. I'm simply telling those out there who are willing to put in the extra work and the extra hours that there is hope, in America or Korea. Hopefully, me telling others that my efforts have led to owning a business and a home is an insperation to them.
Now, you can get back to preaching your negativity with a briar up your rear. |
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World Traveler
Joined: 29 May 2009
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| Posted: Mon Dec 29, 2014 11:22 pm Post subject: |
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| Negativity? It's a positive thread (at least as far as what I'm writing). Many Canadian and American posters on here have claimed it's impossible to save money in Canada or the U.S. I countered that with stats showing both countries have high post tax earnings/disposable income (meaning it is possible to save (and this is especially true if one doesn't have kids to support). |
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World Traveler
Joined: 29 May 2009
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| Posted: Mon Dec 29, 2014 11:36 pm Post subject: |
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| wooden nickels wrote: |
I have taught a friend's daughter 1:1 for free. 0 won per hour.
I have taught 1:1 for and adult salary person. 70,000 won per hour. |
So in the decade plus you've been in Korea, you got as little as nothing per hour to as much as 70k? Not really that specific regarding what the going rate is for such lessons. (Should we assume 35k?) F-visa holders have a little bit more leverage. The going rate has been dropping slightly every year for a while. Probably there is still is decent money to be made, but one has to hustle and work hard to get it. |
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wooden nickels
Joined: 23 May 2010
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| Posted: Tue Dec 30, 2014 3:35 am Post subject: |
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| World Traveler wrote: |
| wooden nickels wrote: |
I have taught a friend's daughter 1:1 for free. 0 won per hour.
I have taught 1:1 for and adult salary person. 70,000 won per hour. |
So in the decade plus you've been in Korea, you got as little as nothing per hour to as much as 70k? Not really that specific regarding what the going rate is for such lessons. (Should we assume 35k?) F-visa holders have a little bit more leverage. The going rate has been dropping slightly every year for a while. Probably there is still is decent money to be made, but one has to hustle and work hard to get it. |
I prefer working with adults in 1:1 classes. Example; higher profile business people, or young adults who need a high TOEIC score to land a particular job.
Adult
50k per hour
90k two hours per week
Young Adult (mid 20s) cramming for a major exam
Contract a program tailored for the need
This is the bread and butter
When working 1:1 adult classes, choose the students carefully. People/students with deep pockets will refer others who have deep pockets.
Teaching kids is a different story because there are government regulations on how much the fee can be. I charge the maximum that is allowed. |
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wooden nickels
Joined: 23 May 2010
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| Posted: Tue Dec 30, 2014 3:51 am Post subject: |
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| World Traveler wrote: |
| Negativity? It's a positive thread (at least as far as what I'm writing). Many Canadian and American posters on here have claimed it's impossible to save money in Canada or the U.S. I countered that with stats showing both countries have high post tax earnings/disposable income (meaning it is possible to save (and this is especially true if one doesn't have kids to support). |
My friends back home in the U.S. seem to be doing fine. They are probably doing much better than the average foreign teacher here. But, most of my friends are much older than the average foreign teacher in Korea.
My best friend's 22 year old son has a 2-year technical degree/certificate. He recently went to work with a company that will push his savings potential higher than the average newbie in Korea will have. Yes, even after he pays the monthly note on a small home and his transportation cost. |
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