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crossmr
Joined: 22 Nov 2008
Location: Hwayangdong, Seoul
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 Posted: Thu Jan 13, 2011 5:31 am Post subject: |
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| kscouse wrote: |
making 9-10 mil working from 2:30 to 9:30. M-F
Would that be sucking the life out of the teacher??
Think most would be inclined to take it. |
Very few teachers can acquire 7 hour blocks @75k/hour 5 days a week unless they're teaching something very specialized.
Most people who are making that much money are making it through multiple part time jobs and as many privates jammed in as they can. |
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liveinkorea316
Joined: 20 Aug 2010
Location: South Korea
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| Posted: Thu Jan 13, 2011 5:35 am Post subject: |
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| kscouse wrote: |
making 9-10 mil working from 2:30 to 9:30. M-F
Would that be sucking the life out of the teacher??
Think most would be inclined to take it. |
Some quick and dirty arithmetic:
2:30 - 9:30pm = 7 block hours per day x 5 = 35 hours per week w(ith no breaks)
10 million / 35 = 285,000won per hour.
YEAH RIGHT!!!! in dream land
So end result is that I am calling a huge whopping BS on your statement of 9-10million. Keep blowing those numbers our your...
At those hours it would be well under 5 million (which would be an average of 140k per teaching hour. |
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crossmr
Joined: 22 Nov 2008
Location: Hwayangdong, Seoul
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| Posted: Thu Jan 13, 2011 5:38 am Post subject: |
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| liveinkorea316 wrote: |
| kscouse wrote: |
making 9-10 mil working from 2:30 to 9:30. M-F
Would that be sucking the life out of the teacher??
Think most would be inclined to take it. |
Some quick and dirty arithmetic:
2:30 - 9:30pm = 7 block hours per day x 5 = 35 hours per week w(ith no breaks)
10 million / 35 = 285,000won per hour.
YEAH RIGHT!!!! in dream land
So end result is that I am calling a huge whopping BS on your statement of 9-10million. Keep blowing those numbers our your...
At those hours it would be well under 5 million (which would be an average of 140k per teaching hour. |
you forgot 4 weeks..
35 x 4 = 140 |
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kscouse
Joined: 29 Mar 2005
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| Posted: Thu Jan 13, 2011 6:01 am Post subject: |
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| live in korea - must be drunk - or terrible at math |
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crossmr
Joined: 22 Nov 2008
Location: Hwayangdong, Seoul
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| Posted: Thu Jan 13, 2011 6:16 am Post subject: |
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| kscouse wrote: |
| live in korea - must be drunk - or terrible at math |
Still doesn't change the fact that a 75k/hour 7 hour block 5 days a week is a pretty uncommon job. |
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kscouse
Joined: 29 Mar 2005
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| Posted: Thu Jan 13, 2011 6:18 am Post subject: |
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| yeah its uncommon but it is def possible with an F2 and some sense. |
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misher
Joined: 14 Oct 2008
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| Posted: Thu Jan 13, 2011 6:21 am Post subject: |
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| hmm a 7 hour block M-F at 60,000+ KRW an hour would just about do it. I could actually believe it but I highly doubt you are teaching English conversation. SAT prep perhaps? The part I have a hard time believing is not the pay. It is the fact that your hours are nicely lumped into on 7 hour block like that. No hagwon would pay you that kind of wage (MAYBE 40-45 if you are lucky) because the prefer to pocket most of the money themselves. If it is entirely privates I salute you sir for A, having no cancelations and flake out by students and B, being able to acquire new students when your old ones have written their standardized test that you prepared them for. |
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kscouse
Joined: 29 Mar 2005
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| Posted: Thu Jan 13, 2011 6:24 am Post subject: |
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| Yeah and my commute to work is about 15 meters. |
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crossmr
Joined: 22 Nov 2008
Location: Hwayangdong, Seoul
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| Posted: Thu Jan 13, 2011 6:26 am Post subject: |
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| misher wrote: |
| hmm a 7 hour block M-F at 60,000+ KRW an hour would just about do it. I could actually believe it but I highly doubt you are teaching English conversation. SAT prep perhaps? The part I have a hard time believe is not the pay. It is the fact that your hours are nicely lumped into on 7 hour block like that. No hagwon would pay you that kind of wage (MAYBE 40-45 if you are lucky) because the prefer to pocket most of the money themselves. If it is entirely privates I salute you sir for A, having no cancelations and flake out by students and B, being able to acquire new students when your old ones have written their standardized test that you prepared them for. |
Exactly. you need over 70k/hour to hit 10 million, and unless you're running your own hagwon or have some reputation as a super SAT prep instructor like that one guy who ended up kidnapped did, you're probably not going to command that kind of cash from a hagwon, and I've never met anyone who has a private business that big and 100% stable, and even losing a single hour a day costs you 1.4 million over a month. It's also a fairly long stretch to teach 7 hours without break like that. |
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kscouse
Joined: 29 Mar 2005
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| Posted: Thu Jan 13, 2011 6:27 am Post subject: |
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| i guess its a pretty long strectch but it is only 50 minutes classes with a ten mintue break. |
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