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Chaparrastique
Joined: 01 Jan 2014
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 Posted: Wed Jul 08, 2015 3:55 am Post subject: |
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| PRagic wrote: |
Quote: "As it is now, growth in the south is stagnating, it has hit a brick wall. Nowhere to go."
Korea, at the firm, regional, and national levels, is experimenting with paradigm shifts to avoid this. They're pro-actively pursuing growth streams that will enable competitiveness going forward, way forward.
By most measures, anyone who has bet against Korea's long-term potential to succeed, even in what may have been construed as hyper-competitive global industries and markets, has lost their chips. |
I'm not saying they haven't been surprisingly successful.
But what they're doing now- wasting huge sums on useless white elephant construction projects- is daft.
They're still in the bricks and mortar era. They need to be advancing much faster into tertiary industries and social development/ justice.
| Beentheredonethat777 wrote: |
What the heck?
I had no idea things had gotten this bad.
#Wishing I had kept my old job, right about now#
called my boss, he had already hired a Korean man who can speak English pretty well for 1.6! |
What I've noticed is that many Korean adults will not bother to learn English unless they absolutely have to.
Ten years ago everyone was learning wether they had to pass tests or not. |
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World Traveler
Joined: 29 May 2009
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| Posted: Mon Aug 03, 2015 5:00 am Post subject: |
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| edwardcatflap wrote: |
| Doesn't mean there's a surplus, maybe there was a dearth before |
So you think maybe there is neither a shortage nor a surplus, but exactly the right amount? Highly unlikely, statistically speaking.
| edwardcatflap wrote: |
| You're a bit of a glass is half empty sort of guy aren't you. |
Nah, just a realist.
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| Anyone who has been in a Korea for at least a few years (or 10 in my case) has seen the decline of the Korean ESL industry as a whole, from hagwons to public schools to universities. |
http://teachinginkoreanuniversity.com/korean-esl-industry/
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| The writing is on the wall. The old-timers are starting to leave, which should say a lot. |
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Fallacy
Joined: 29 Jun 2015
Location: ex-ROK
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| Posted: Mon Aug 03, 2015 6:54 am Post subject: |
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I mostly agree with the referenced blog link given by World Traveler above, primarily because the blogger cites rapidly changing demographics as a contributing factor to the decline. Insofar as freshman intake to university drives the English preparatory marketplace in the ROK, continuing decline is unavoidable and inevitable, so any contrary argument dismissive of this trend is not credible. The bit about old-timers starting to leave is merely symptomatic observation.
Indisputable facts are these: (1) the total number of babies born in the ROK peaked at 739,000 in 1992; (2) the maximum percentage of high school leavers entering higher education peaked at 80% exactly 18 years later in 2010; (3) the total number of babies born in the ROK bottomed at 438,000 in 2005; (4) at a minimum, the total number of high school leavers eligible for entrance to higher education in 2023 will have dropped by 40%.
Thus, positive or hopeful commentary about the current and near-future state of EFL in the ROK must be pushed aside, given this looming cliff-face. The analysis and predictions of outcomes for this crisis are too many to be outlined in detail here; in brief, nothing but decline and diminishing returns lie ahead, and stretch out as far as one can see to the horizon's blade. A new floor will be reached at some point in future time, but getting to there will require passage through chaotic market disruption. Job losses will be legion not only for foreign native English speaking educators, but for local native Korean speaking educators as well.
The next 8 years will be brutal, and damage not just limited to the education industry either. The whole of society will be reorganized by this inverting demographic shape. Every budgeted sector from institutional academics to corporate enterprise to political governance will be impacted. Take a good look around. I reckon few of us will be here much longer, and maybe none a decade hence. |
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World Traveler
Joined: 29 May 2009
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| Posted: Mon Aug 03, 2015 10:28 pm Post subject: Re: How's the current job market? |
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| Weigookin74 wrote: |
| Also, it does seem a lot more foreigners that were staying in my area for years have gone home over the past year or so. So, that's what confuses me. |
Could be three reasons (or more) reasons for that, not just one.
A) Workload increased for the same (actually less when adjusting for inflation) pay, so they figured it was no longer worth it.
B) Job cuts at the public school, hagwon, and university level meant they no longer had something. Less jobs to go around so harder to find something decent.
C) Their perception of their home country's economy improved so they were no longer scared to go home.
Maybe a combination of the three (or two) and/or something else. |
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GENO123
Joined: 28 Jan 2010
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| Posted: Tue Aug 11, 2015 3:16 pm Post subject: |
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| Fallacy wrote: |
I mostly agree with the referenced blog link given by World Traveler above, primarily because the blogger cites rapidly changing demographics as a contributing factor to the decline. Insofar as freshman intake to university drives the English preparatory marketplace in the ROK, continuing decline is unavoidable and inevitable, so any contrary argument dismissive of this trend is not credible. The bit about old-timers starting to leave is merely symptomatic observation.
Indisputable facts are these: (1) the total number of babies born in the ROK peaked at 739,000 in 1992; (2) the maximum percentage of high school leavers entering higher education peaked at 80% exactly 18 years later in 2010; (3) the total number of babies born in the ROK bottomed at 438,000 in 2005; (4) at a minimum, the total number of high school leavers eligible for entrance to higher education in 2023 will have dropped by 40%.
Thus, positive or hopeful commentary about the current and near-future state of EFL in the ROK must be pushed aside, given this looming cliff-face. The analysis and predictions of outcomes for this crisis are too many to be outlined in detail here; in brief, nothing but decline and diminishing returns lie ahead, and stretch out as far as one can see to the horizon's blade. A new floor will be reached at some point in future time, but getting to there will require passage through chaotic market disruption. Job losses will be legion not only for foreign native English speaking educators, but for local native Korean speaking educators as well.
The next 8 years will be brutal, and damage not just limited to the education industry either. The whole of society will be reorganized by this inverting demographic shape. Every budgeted sector from institutional academics to corporate enterprise to political governance will be impacted. Take a good look around. I reckon few of us will be here much longer, and maybe none a decade hence. |
If Koreans adopted foreign babies and the Korean govt, encouraged it they could help put a dent in demographic problems the country will face in the upcoming years. |
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schwa
Joined: 18 Jan 2003
Location: Yap
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| Posted: Tue Aug 11, 2015 4:02 pm Post subject: |
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| GENO123 wrote: |
If Koreans adopted foreign babies and the Korean govt, encouraged it they could help put a dent in demographic problems the country will face in the upcoming years. |
Yep, that'll fly. |
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World Traveler
Joined: 29 May 2009
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| Posted: Sun Sep 06, 2015 1:32 pm Post subject: Re: How's the current job market? |
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| Chaparrastique wrote: |
| Jobs are still there, yeah...just that the conditions and pay has fallen so far in real terms that only fresh grads will tolerate it. |
Even most can do better.
"College graduates in 2014 saw an average starting salary of $48,127 overall, up from $45,327 in 2013." |
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World Traveler
Joined: 29 May 2009
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| Posted: Sun Sep 06, 2015 1:47 pm Post subject: Re: How's the current job market? |
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| Weigookin74 wrote: |
| I was under 2.0 as the EPIK pay scales were lower then |
There's still EPIK teachers starting at 1.8:
https://www.epik.go.kr/contents.do?contentsNo=49&menuNo=278
1.8 = 2.3 in today's money; there's been a drop in remuneration. |
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jcd
Joined: 13 Mar 2012
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| Posted: Thu Sep 10, 2015 10:45 pm Post subject: |
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| I would just like to dispel the myth that I have inferred from this thread that there is any correlation between experience; years teaching, MA, CELTA, etc... and pay here. There is none. They will advertise pay between 100 to 200k more per month if you have experience. Lo and behold, you are more likely going to get the job if you will work for less. |
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Weigookin74
Joined: 26 Oct 2009
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| Posted: Thu Sep 10, 2015 11:05 pm Post subject: Re: How's the current job market? |
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Nope, in my area, the first year salary is 2.1 and you're not even eligible for it as you have to be a level 2 and you paid 2.2 to start I believe. You cap out at 2.7 million won as a level 1+ but it takes quite a few years to get up to that level. You get more with rural allowances and some occasional overtime.
I was rural and got a bit more than the basic EPIK back then. I got 1.9 my first year. If the inflation rate has been 3% per year, then 2.479 million should be the salary in 2015. If it's been 2%, then it will be 2.270 million won in 2015. Probably somewhere in between with official inflation I'm guessing. Add in being taxed more than before slightly and a different exchange rate from back then and it would prob need to be slightly more. |
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Weigookin74
Joined: 26 Oct 2009
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| Posted: Thu Sep 10, 2015 11:08 pm Post subject: Re: How's the current job market? |
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| World Traveler wrote: |
| Weigookin74 wrote: |
| Also, it does seem a lot more foreigners that were staying in my area for years have gone home over the past year or so. So, that's what confuses me. |
Could be three reasons (or more) reasons for that, not just one.
A) Workload increased for the same (actually less when adjusting for inflation) pay, so they figured it was no longer worth it.
B) Job cuts at the public school, hagwon, and university level meant they no longer had something. Less jobs to go around so harder to find something decent.
C) Their perception of their home country's economy improved so they were no longer scared to go home.
Maybe a combination of the three (or two) and/or something else. |
No, I mean there are folks coming to replace them. But from 2010ish to 2014ish, I mostly saw young 20 somethings as it seemed Koreans could be choosy. Lately, I'm seeing a lot more older looking folks 30's to 50's trickling back in like it use to be years ago. |
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