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2.5 million won income

 
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Real Reality



Joined: 10 Jan 2003
Location: Seoul

PostPosted: Thu Aug 26, 2004 1:38 am    Post subject: 2.5 million won income Reply with quote

Taxi driver's average monthly net income of 2.5 million won just a year ago.
http://english.donga.com/srv/service.php3?biid=2004082669758
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just because



Joined: 01 Aug 2003
Location: Changwon - 4964

PostPosted: Thu Aug 26, 2004 2:32 am    Post subject: Reply with quote

I think this part of it sums it up well RR

Quote:
Park, whose work schedule revolves around two days of work and one day of rest, works about 19 hours a day and earns about 140,000 won. Deducting 50,000 won for fuel costs, his net profit is 90,000. In other words, he said, ��If you calculate it, it��s like earning 4,700 won per hour.��


For 19 hours a day I'd like to earn a hell of a lot more.

Not a good living which is why when i get good service I give a couple of thousand won tip.
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mindmetoo



Joined: 02 Feb 2004

PostPosted: Thu Aug 26, 2004 4:18 am    Post subject: Reply with quote

just because wrote:
I think this part of it sums it up well RR

Quote:
Park, whose work schedule revolves around two days of work and one day of rest, works about 19 hours a day and earns about 140,000 won. Deducting 50,000 won for fuel costs, his net profit is 90,000. In other words, he said, ��If you calculate it, it��s like earning 4,700 won per hour.��


For 19 hours a day I'd like to earn a hell of a lot more.

Not a good living which is why when i get good service I give a couple of thousand won tip.


I work 60 hours a month. I net 1.93 million won. Add in say 500K won for the free aparment. So that's 2.43 million won. So based on 60 hours a month, I earn 40,500 won an hour. Nearly 10x what a cabbie makes. $40 for a 40 hour week would amount to a $83,000 a year salary in North America.

Yeah, it's insane how under paid I am.

I too tip. Most of my trips are the 1,600 won minimum. I'll take the cab home from the subway if the rain is hell or the weather drops below -10c. I give the driver 2,000 won and say keep the change.

Heck, they should start by raising the flag fall to 2,000 won or 2,500.
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weatherman



Joined: 14 Jan 2003
Location: Korea

PostPosted: Thu Aug 26, 2004 6:46 pm    Post subject: Reply with quote

mindmetoo wrote:
just because wrote:
I think this part of it sums it up well RR

Quote:
Park, whose work schedule revolves around two days of work and one day of rest, works about 19 hours a day and earns about 140,000 won. Deducting 50,000 won for fuel costs, his net profit is 90,000. In other words, he said, ��If you calculate it, it��s like earning 4,700 won per hour.��


For 19 hours a day I'd like to earn a hell of a lot more.

Not a good living which is why when i get good service I give a couple of thousand won tip.


I work 60 hours a month. I net 1.93 million won. Add in say 500K won for the free aparment. So that's 2.43 million won. So based on 60 hours a month, I earn 40,500 won an hour. Nearly 10x what a cabbie makes. $40 for a 40 hour week would amount to a $83,000 a year salary in North America.

Yeah, it's insane how under paid I am.

I too tip. Most of my trips are the 1,600 won minimum. I'll take the cab home from the subway if the rain is hell or the weather drops below -10c. I give the driver 2,000 won and say keep the change.

Heck, they should start by raising the flag fall to 2,000 won or 2,500.


I am sorry, that is their job, we have our job. We get paid OK, but not very good when you think about how much education is valued. Most Koreans with college educations or graduate degrees would luagh to work at our wage with none of the soft benefits that come with regular employment.
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Real Reality



Joined: 10 Jan 2003
Location: Seoul

PostPosted: Thu Aug 26, 2004 7:34 pm    Post subject: Reply with quote

weatherman wrote,
"We get paid OK, but not very good when you think about how much education is valued. Most Koreans with college educations or graduate degrees would luagh to work at our wage with none of the soft benefits that come with regular employment."

Exactly.

And do not forget:
Foreigners Experience Difficulties in Living in Korea
Overall living conditions, including education, housing, medical care, transportation, immigration, and access to the Internet are pointed to as inconveniences. Not only inconveniences caused by different systems and customs in Korea, but also special discriminating practices, such as the practice of submitting two years of monthly rent in advance like a deposit, which is required of foreigners just because they are foreigners, are ubiquitous. An official in the International Cooperation Division of Seoul City admitted, "The same complaints regarding visas, transportation, education, and environment are raised every year without being solved, due to the lack of cooperation from government agencies involved and their passive attitudes."
http://english.donga.com/srv/service.php3?biid=2004070522448

Also, do not forget this either:
The nation is already known for having the highest suicide rate among the 23 OECD members...the divorce rate in Korea, which ranks the second highest in the world after the United States. Amid the rising consumer prices and unemployment rates, the misery index in July hit the highest in 16 months, according to government figures
The Korea Herald
http://www.koreaherald.co.kr/SITE/data/html_dir/2004/08/27/200408270011.asp
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