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Korean Job Discussion Forums
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Real Reality
Joined: 10 Jan 2003
Location: Seoul
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 Posted: Sun Aug 06, 2006 9:04 pm Post subject: Average monthly income 2.98 million won or US$3,100 |
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| The average monthly income of households stood at 2.98 million won (US$3,100) in the April-June period, according to the report by the National Statistical Office (NSO). |
S. Korean household income rises 4.8 pct in second quarter
Yonhap News (August 7, 2006)
http://english.yna.co.kr/Engnews/20060807/440100000020060807120035E6.html
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| A whopping 61.2 percent of women quit their jobs just before or after marriage and half of working women stopped working after delivering their first child. |
1 in 3 married women rejects motherhood
By Jin Hyun-joo, Korea Herald (March 23, 2006)
http://www.koreaherald.co.kr/SITE/data/html_dir/2006/03/23/200603230035.asp
54% of Working Moms to Quit Jobs
By Yoon Ja-young, Korea Times (August 1, 2006)
http://times.hankooki.com/lpage/200608/kt2006080117131510220.htm
More Education Means More Pay
By Kim Sung-jin, Korea Times (December 12, 2005)
http://times.hankooki.com/lpage/200512/kt2005121217335210230.htm
International Comparisons of Teacher Salaries
http://www.nsf.gov/statistics/seind02/c1/c1s7.htm#c1s7l3
OECD: Salaries (Excel Format)
http://www.oecd.org/dataoecd/61/34/33671263.xls |
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dodgybarnet
Joined: 10 Mar 2003
Location: Directly above the centre of the earth. On a kickboard.
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| Posted: Sun Aug 06, 2006 10:39 pm Post subject: |
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The 1 in 3 married women rejects motherhood link is for registered users only. I'm cheap. I'm not registered. I'll give you a cookie if you tell me your password  |
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Real Reality
Joined: 10 Jan 2003
Location: Seoul
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Yu_Bum_suk
Joined: 25 Dec 2004
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| Posted: Sun Aug 06, 2006 11:22 pm Post subject: |
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| That's households - i.e. a well-off guy or a two-income family. When one factors in free rent, most of us are making almost that, with no leases, car expenses, hogwans, or food for a wife and kids to consider. We're a well-off lot, all in all. |
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Real Reality
Joined: 10 Jan 2003
Location: Seoul
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| Posted: Mon Aug 07, 2006 12:12 am Post subject: |
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| Yu_Bum_suk wrote: |
| That's households - i.e. a well-off guy or a two-income family. When one factors in free rent, most of us are making almost that, with no leases, car expenses, hogwans, or food for a wife and kids to consider. We're a well-off lot, all in all. |
Are you sure both are working (i.e., a two-income family)?
61.2 percent of women quit their jobs just before or after marriage and half of working women stopped working after delivering their first child.
1 in 3 married women rejects motherhood
By Jin Hyun-joo, Korea Herald (March 23, 2006)
http://www.koreaherald.co.kr/SITE/data/html_dir/2006/03/23/200603230035.asp
54% of Working Moms to Quit Jobs
By Yoon Ja-young, Korea Times (August 1, 2006)
http://times.hankooki.com/lpage/200608/kt2006080117131510220.htm
Teacher: Salaries
South Korea salaries go from $25,000 up to $60,000 (GDP/person: $12,000). Korean teachers are supposed to be the best-paid ones in the world with regard to the Real Income.
From Wikipedia, the free encyclopedia
http://en.wikipedia.org/wiki/Teacher#Salaries
In Germany, Ireland, South Korea, and Switzerland, among others, teachers earn at least twice the GDP per capita.
US Teacher Pay Low By International Rates
http://www.veaweteach.org/search_results_detail.asp?ContentID=324
Attracting, Developing and Retaining Effective Teachers
Country Note: Korea
| Quote: |
Teachers in Korea have guaranteed tenure until they reach the mandatory retirement age. This is currently set at 62 years, having been recently lowered from 65 years....
Allowances are also offered for teaching in a remote area and for family support. The allowances vary in size, depending on the particular type and purpose. Principals and vice-principals also receive allowances to recognise their particular responsibilities, in addition to their higher base salaries.... |
TEACHER SALARIES (US$)
Annual teacher salaries, public schools (with minimum training)
Starting Salary: 25,177
After 15 years: 42,845
Top of Scale: 68,581
Attracting, Developing and Retaining Effective Teachers
Country Note: Korea
John Coolahan, Paulo Santiago, Rowena Phair and Akira Ninomiya
Organisation for Economic Co-operation and Development, Directorate for Education, Education and Training Policy Division
http://www.oecd.org/dataoecd/26/49/31690991.pdf
More Education Means More Pay
The monthly pay of workers with bachelor's degrees averaged at 3 million won during the nine months to September, while that of workers with the same length of service but with only high school diploma stood at 2.06 million won.... Those with a master's degree or doctorate earned 4 million won a month on average
By Kim Sung-jin, Korea Times (December 12, 2005)
http://times.hankooki.com/lpage/200512/kt2005121217335210230.htm |
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Real Reality
Joined: 10 Jan 2003
Location: Seoul
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| Posted: Mon Aug 07, 2006 4:07 pm Post subject: |
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Did you read this phrase?
Teachers in Korea have guaranteed tenure until they reach the mandatory retirement age.
Do you have guaranteed tenure? How secure is your job?
Source:
Attracting, Developing and Retaining Effective Teachers
Country Note: Korea
John Coolahan, Paulo Santiago, Rowena Phair and Akira Ninomiya
Organisation for Economic Co-operation and Development, Directorate for Education, Education and Training Policy Division
http://www.oecd.org/dataoecd/26/49/31690991.pdf |
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charlieDD
Joined: 16 Jun 2006
Location: Seoul, Korea
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| Posted: Mon Aug 07, 2006 5:42 pm Post subject: 4.8% |
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Wonder how their productivity numbers are. I read a few months ago that wage increases in Korea have been outstripping productivity gains for several years. That's a formula for inflation and decreased competitiveness. In the end, you have more money, but you are not richer because everything costs more. (Thanks to my office coworker "econ" guy for that bit of Econ 101 reminder!)
Might explain the post the other day about sandwich prices going up at Subway shops by so much (something like 15% I think it was). |
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Juregen
Joined: 30 May 2006
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| Posted: Mon Aug 07, 2006 6:04 pm Post subject: Re: 4.8% |
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| charlieDD wrote: |
Wonder how their productivity numbers are. I read a few months ago that wage increases in Korea have been outstripping productivity gains for several years. That's a formula for inflation and decreased competitiveness. In the end, you have more money, but you are not richer because everything costs more. (Thanks to my office coworker "econ" guy for that bit of Econ 101 reminder!)
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The Wonders of Macro.
That is also why some Koreans prefer a more advantegous exchange rate vs the dollar, as such their income could be supported by the increased profits towards the USA, ofcourse that is not sustainable for the long run. |
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DCJames
Joined: 27 Jul 2006
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| Posted: Mon Aug 07, 2006 7:12 pm Post subject: |
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Real Reality, I don't understand what your point is. If you want to make more money, you're in the wrong profession whether it's in Canada, the US, or here in Korea.
Would any employer in your home country pay you $2200 a month and provide an apartment for having a BA degree in Psychology with little to no experience?
Also, the majority of teaching jobs here are in private academies not public schools. Is it any wonder why qualified Koreans (Education degrees, speak Korean) are given tenure while the majority of us unqualified foreigners on a 1 year visa don't get tenure working at our hagwons?
If you have greater aspirations in having a career in Education, I would go back to your home country. You will have a better chance there than here. Korea has a problem with conflicts of interest between education and business that might kill your dreams. |
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