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Getting paid

 
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merrypr4nkster



Joined: 03 Jun 2009

PostPosted: Mon Jul 13, 2009 10:46 pm    Post subject: Getting paid Reply with quote

Is it possible to be paid in euro's or dollars instead of won? Anyone have any experience?
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PamPhi



Joined: 28 Jun 2009

PostPosted: Mon Jul 13, 2009 10:49 pm    Post subject: Reply with quote

logically would that make sense to you?

With the fluctution of the Euro against the won, how would they decide the amount?

I do not think this would happen
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ABC KID



Joined: 14 Sep 2007

PostPosted: Tue Jul 14, 2009 1:01 am    Post subject: Re: Getting paid Reply with quote

merrypr4nkster wrote:
Is it possible to be paid in euro's or dollars instead of won? Anyone have any experience?


Surely absolutely no chance whatsoever in a hagwon. Even getting paid in won is a problem for some hagwon teachers Sad

However, some international schools pay part of the teacher's salary in dollars.
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losing_touch



Joined: 26 Jun 2008
Location: Ulsan - I think!

PostPosted: Tue Jul 14, 2009 4:40 am    Post subject: Reply with quote

When my employer asked me to re-sign, she offered to pay me a contract based in US Dollars. In detail, she offered me $2000 a month. She hinted at it again today.
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ChinaBoy



Joined: 17 Feb 2007

PostPosted: Tue Jul 14, 2009 12:49 pm    Post subject: Reply with quote

losing_touch wrote:
When my employer asked me to re-sign, she offered to pay me a contract based in US Dollars. In detail, she offered me $2000 a month. She hinted at it again today.


Sounds like she's desperate to do some money laundering.
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Goku



Joined: 10 Dec 2008

PostPosted: Tue Jul 14, 2009 3:55 pm    Post subject: Reply with quote

losing_touch wrote:
When my employer asked me to re-sign, she offered to pay me a contract based in US Dollars. In detail, she offered me $2000 a month. She hinted at it again today.


Wow I'd jump on that.

Because of exchange my wage is less 1500 USD every month...

If rent wasn't paid for... I'd be a sad sad man.
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PeterDragon



Joined: 15 Feb 2007

PostPosted: Tue Jul 14, 2009 6:36 pm    Post subject: Reply with quote

Unless your boss/company has an American bank account, I'd be skeptical of her ability to keep her promise, even if she's well intentioned.

I have been paid in USD before, for short term work I did for an education company that operates in Korea but has its HQ in the U.S. They did direct deposit from their American account to mine. But other than a situation like that, paying a worker in USD is bound to be a complicated and unstable arrangement.

However, if you want your paycheck converted to USD, that can be mediated pretty easily by KEB--- I have my current school direct deposit my money into a KEB account that's set to automatically transfer all deposits straight to the US. You can also hold two KEB accounts and use one for a domestic direct deposit, and another to mediate transfers from your domestic account to home, either by online banking of at an ATM. KEB also texts you as soon as the transfer is made, which is a Godsend if you want to monitor whether your school had paid you on time without having to visit an ATM.
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Big Mac



Joined: 17 Sep 2005

PostPosted: Wed Jul 15, 2009 2:53 am    Post subject: Reply with quote

I know some people who have their salary stated in their contract in US dollars, but they get paid in Won. It's a pretty sweet deal if you ask me, especially when the Won isn't doing so well against the US dollar. They're laughing when that happens because suddenly their salary goes up.
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