Korean Job Discussion Forums

[mai]

Hi everyone!

I've been offered a choice - Choose the pension plan (I'll pay $100/mo. and they'll match it) but have to pay $50/$55/mo. for the National Insurance health plan. My salary would be 2.1 million won here.

OR

Choose not to have a pension plan, but pay only $10/mo. to their private insurance and recieve a salary of 2.2 million won?


For what it's worth this my recruiter asked me this question, representing a Hagwon in Seoul. He told me it might be a tough decision and to do my research. He also emailed me a link to the IRS on how to order a transcript.

Thanks in Advance!

[Ruraljuror]

Option B seems to offer you slightly more money,

BUT

Their "private insurance" sounds to me alot like "no insurance" and they will just pay out of pocket for whatever minor ailments you contract while in their employment. They will pay for your meds when you catch a cold in cold season, but I highly doubt you could count on their "private insurance" if you were to be hit by a bus or came down with a serious illness. I'd go with Option A, if I had to, but I would also continue to keep looking for a job where they weren't trying to skimp on giving you what you are legally entitled to. They are basically telling you: "We like to cut costs by shorting our foreign teachers"...which to me kinda suggests that they may not be 100% trustworthy.

[ChinaBoy]

Get a new recruiter who won't try to scam you.

[afsjesse]

Get a new job and a new recruiter. Pension and Healthcare are not optional, it is law! Any employer who even offers you a choice between the two is not a good cookie.

I would not be surprised if they started paying you late and scamming you on work hours and overtime. Take it from us who have been in these situations, like me....

[Totti]

Where are you from? If you're from the UK, you can't collect your pension anyway...

[afsjesse]

[bobbybigfoot]

Do you really want to work for someone who is telling you right off the bat that he doesn't follow the law?

Dump the recruiter (tell him why) and move on.

[blackjack]

[okayden223]

Mai is this for one of the three jobs you were asking about in another post? Which recruiter are you using?

[mai]

[OculisOrbis]

the national health and pension plans are not optional. if you are an employee - they are both required. feel free to supplement either or both with additional, but they are the minimum, and primary, to be enrolled in. you do not have an 'option' to choose private instead as an e-2 holder - you are an employee.

[Dodgy Al]

Do NOT take that job.

[mai]

[Straphanger]

So many, many of you laughed when I said "If you can't sniff out a lie in this place, contract work might not be for you."

This is such a complete, obvious scam that I'm astounded the question was even asked.

[mai]