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Skyblue
Joined: 02 Mar 2007
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 Posted: Sat Oct 09, 2010 2:48 am Post subject: Negotiating a pay increase |
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For those of you who have spent more than a year at the same job, were you able to negotiate a pay increase?
Was this just a small increase, or were you able to leverage your stellar performance and team spirit from the first year into a substantial raise for the second year?
What do you think the average chances are for a well liked employee asking for 300-500 K more per year for the second year?
Epik?
Hakwans?
Unis? |
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Seoulmann
Joined: 27 Aug 2010
Location: Seoul
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| Posted: Sat Oct 09, 2010 3:50 am Post subject: Re: Negotiating a pay increase |
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| Skyblue wrote: |
For those of you who have spent more than a year at the same job, were you able to negotiate a pay increase?
Was this just a small increase, or were you able to leverage your stellar performance and team spirit from the first year into a substantial raise for the second year?
What do you think the average chances are for a well liked employee asking for 300-500 K more per year for the second year?
Epik?
Hakwans?
Unis? |
it really depends on the how well the school is doing. if the owner is creaming it then I don't see why he wont pay you an extra 100.000 or 200.000 per month more.
Uni's increase 100.000 a month every year
hakwons depend
but you should be getting 100.000 more your second year. or its not worth staying. because you can get more money if you spend more time looking |
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zappadelta
Joined: 31 Aug 2004
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| Posted: Sat Oct 09, 2010 4:25 am Post subject: |
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| 300-500k more? You should be asking for at least double if not triple that. |
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Skyblue
Joined: 02 Mar 2007
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| Posted: Sun Oct 10, 2010 3:42 am Post subject: |
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| zappadelta wrote: |
| 300-500k more? You should be asking for at least double if not triple that. |
Cheers bro. I know. I know. |
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PatrickGHBusan
Joined: 24 Jun 2008
Location: Busan (1997-2008) Canada 2008 -
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| Posted: Sun Oct 10, 2010 4:50 am Post subject: |
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| zappadelta wrote: |
| 300-500k more? You should be asking for at least double if not triple that. |
Yes because ONE YEAR is like a gold mine, no one has ONE YEAR of experience. 
OP: 500K is on the high end as a request unless you mean yearly based.
A reasonable monthly raise could be between 100 000 and 200 000 depending on your school and on your performance. |
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furtakk
Joined: 02 Jun 2009
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| Posted: Sun Oct 10, 2010 5:54 am Post subject: |
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| 100-200K is a reasonable request depending on your current pay. 300-500 (a month I am assuming) works out to 3.6-6.0 extra a year. not going to happen even if you're a star teacher. |
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