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Creeface
Joined: 08 Jun 2008
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 Posted: Wed Jul 02, 2008 8:23 am Post subject: SMOE Contract ... |
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In my SMOE contract its states "The Korean Income tax, the national pension contribution, and medical insurance premium, as required under the Korean Law shall be deducted each month from the Employee's Salary"
All together what size of a percentage is this? Can anyone tell me?  |
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swigs
Joined: 20 Apr 2008
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| Posted: Wed Jul 02, 2008 9:40 am Post subject: |
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Sorry to add another question to your thread OP...but thought it was related to the contract.
Has anyone read the 08-09 SMOE contract and wondered about the severance pay? The way it's worded, I'm not sure if you get it for only working a year...
-swigs |
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aarontendo
Joined: 08 Feb 2006
Location: Daegu-ish
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| Posted: Wed Jul 02, 2008 2:10 pm Post subject: |
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| swigs wrote: |
Sorry to add another question to your thread OP...but thought it was related to the contract.
Has anyone read the 08-09 SMOE contract and wondered about the severance pay? The way it's worded, I'm not sure if you get it for only working a year...
-swigs |
If you work the full year and they don't pay it, then it's illegal. It's not a SMOE policy it's a government policy. I'm sure it's worded funky or something.
Now there has been some contention over whether or not you get paid your severance per year, or only after leaving SMOE. |
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swigs
Joined: 20 Apr 2008
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| Posted: Wed Jul 02, 2008 3:33 pm Post subject: |
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| aarontendo wrote: |
| swigs wrote: |
Sorry to add another question to your thread OP...but thought it was related to the contract.
Has anyone read the 08-09 SMOE contract and wondered about the severance pay? The way it's worded, I'm not sure if you get it for only working a year...
-swigs |
If you work the full year and they don't pay it, then it's illegal. It's not a SMOE policy it's a government policy. I'm sure it's worded funky or something.
Now there has been some contention over whether or not you get paid your severance per year, or only after leaving SMOE. |
Thanks for the reply, but the contract for smoe is officially August 25, 2008- August 24, 2009. Would the law still apply? |
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aarontendo
Joined: 08 Feb 2006
Location: Daegu-ish
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| Posted: Wed Jul 02, 2008 3:40 pm Post subject: |
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Yeah it's a full calendar year. I wouldn't worry about it there would be such a huge outcry if somehow they did manage to finagle ya outta your severance. I think they have hundreds of teachers and such.
I worked with em last year and didn't have any problems getting mine. |
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Bibbitybop
Joined: 22 Feb 2006
Location: Seoul
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| Posted: Wed Jul 02, 2008 3:46 pm Post subject: |
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One great thing about SMOE is that they stick to the law and the contract. They are a government entity, not a lowly hogwan owner. Individual schools may try to break the contract from time to time, but a quick review of the contract or call from the SMOE office always clears things up.
You will get your severance for each year you work for SMOE.
OP, I don't know the tax rates. |
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