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Raise for 2nd year?
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amcnutt



Joined: 22 Mar 2010

PostPosted: Sun Jul 18, 2010 12:05 pm    Post subject: Raise for 2nd year? Reply with quote

Hi there!
I'm starting in Korea in a couple weeks & very excited.
I've heard great things about my school and many ppl have resigned with this program for several years now.
I was wondering, if I like the school and wish to resign would I be getting a raise - & if so, what is the general range for 2nd year positions?
I'm not expecting anything huge, I'm just in the middle of figuring out student loan repayments and creating a budget for getting that under control.
So, to anyone who has resigned after a 1st year, did you get a raise and what was the approximate amount?
I acknowledge that this may differ across schools, but am just looking for an estimate Smile
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Yucca Girl



Joined: 03 Jul 2010

PostPosted: Sun Jul 18, 2010 12:53 pm    Post subject: Reply with quote

At the hagwons I worked at a standard raise for the second year was about 100,000/month.
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soviet_man



Joined: 23 Apr 2005
Location: Seoul

PostPosted: Sun Jul 18, 2010 1:06 pm    Post subject: Reply with quote

The thing is, many many people don't survive the first year though and only a very tiny few make it through a full 2nd year. Beyond that, even less again.

Most people who have been here more than 3 or 4 years have changed schools multiple times.

If you get through a year and want to renew, the least you deserve is 100,000 won increase.
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JustTurtle



Joined: 05 Jul 2010

PostPosted: Sun Jul 18, 2010 1:31 pm    Post subject: Reply with quote

I have a question similar to this. If you sign for another year with an EPIK school do you still get the one month severance pay? (I know what severance means, but maybe they pay it as a bonus? idk ... noob)

kthx

*edit oops =D


Last edited by JustTurtle on Sun Jul 18, 2010 3:32 pm; edited 1 time in total
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kprrok



Joined: 06 Apr 2004
Location: KC

PostPosted: Sun Jul 18, 2010 3:03 pm    Post subject: Reply with quote

I'm sorry, but in what world do you deserve a raise (implying they continue paying you) if you resign and quit working there?
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amcnutt



Joined: 22 Mar 2010

PostPosted: Sun Jul 18, 2010 3:18 pm    Post subject: Reply with quote

kprrok wrote:
I'm sorry, but in what world do you deserve a raise (implying they continue paying you) if you resign and quit working there?



By resign I meant re-sign...ie. continue to work with them for a second year.
Funny how a word can have two VERY different meanings Razz I wouldn't expect a raise if I quit LOL
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drama_addict



Joined: 30 Aug 2009
Location: Seoul

PostPosted: Sun Jul 18, 2010 5:55 pm    Post subject: Reply with quote

Both Hagwons and Publish Schools give raises of 100K/mo if you recontract for another year.

The only way you can get a higher raise when you recontract is if you do something to significantly improve your qualifications like earn a a CELTA or TEFL during your first year.
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fugitive chicken



Joined: 20 Apr 2010
Location: Bucheon

PostPosted: Sun Jul 18, 2010 6:00 pm    Post subject: Reply with quote

I resigned last year at my public school and got a 100k raise. If I were to re-sign another year, I wouldn't get a raise. I would need my masters for that.

Quote:
I have a question similar to this. If you sign for another year with an EPIK school do you still get the one month severance pay? (I know what severance means, but maybe they pay it as a bonus? idk ... noob)

kthx


The answer should be yes. I worked with GEPIK and re-signed and got my severance. It should be the same for EPIK
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oskinny1



Joined: 10 Nov 2006
Location: Right behind you!

PostPosted: Sun Jul 18, 2010 6:11 pm    Post subject: Reply with quote

Be careful getting your severance. If you re-sign you shouldn't get it until you leave for good and it's based off of your final salary, not your starting salary. So if your first year you make 2 million and your second year 2.2 mil, you will get 4.4 (2 years x 2.2million) after two years.

If you work one year and are paid your severance you will need to work another complete year to get your next payment. BUT, if you work 1 year and don't collect and then only work 6 more months you will get severance x1.5. You won't get that 0.5 if you collect after the first year.

My mind isn't working, so I hope you understand.
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schwa



Joined: 18 Jan 2003
Location: Yap

PostPosted: Sun Jul 18, 2010 7:08 pm    Post subject: Reply with quote

Typically the employer decides if the severance payout is annual or one lump at the end. If you have the choice & trust your boss, its advantageous to wait.

OP, you've yet to set foot in Korea & you're asking about a 2nd-year raise? Hope things work out.
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THCbud



Joined: 27 Jun 2010

PostPosted: Sun Jul 18, 2010 7:12 pm    Post subject: Reply with quote

With EPIK schools, instead of a severance pay, you get the same $$ but as a "re-sign" bonus.
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air76



Joined: 13 Nov 2007

PostPosted: Sun Jul 18, 2010 7:33 pm    Post subject: Reply with quote

soviet_man wrote:
The thing is, many many people don't survive the first year though and only a very tiny few make it through a full 2nd year. Beyond that, even less again. .


This statement was true 6-7 years ago...but not so much these days. Many people don't last their first year, but this number is rapidly declining. While runners still exist, most people make it through their year unless they have serious problems at their school.

It is also not accurate to say that "a very tiny few" make it through a full 2nd year....90% of the people who would do a runner or even quit with notice, will do so within the first 6 months of being in Korea....once you've made it through a full contract the odds of making through the 2nd contract increase tenfold.

I would say that a great many people do their year and then go home (or elsewhere) and that there is a similar exodus after year 2, but sticking around for 2 years or more is starting to become more of the rule than the exception.

I think that 2 years would be perfect....it's long enough to get settled in and to be able to save real money in year 2....but beyond 2 years is too much....we're in year 3 now and this will be our last beyond a shadow of a doubt. If we didn't have very specific financial goals that we need to meet, we would have left after 2.
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amcnutt



Joined: 22 Mar 2010

PostPosted: Sun Jul 18, 2010 7:44 pm    Post subject: Reply with quote

Yes, air76, I think I would like to go to Korea for 2 years as well, ideally. If I like my school I will re-sign the contract for a second year. I think I will because I've talken to several of the teachers there and it's been pretty good reports!
Two years will allow me to experience the country & its culture for a good amount of time, pay off a decent chunk of my loans, travel a bit around Asia on my vacation, and then its off to graduate school!
Also, as someone mentioned (the raise and getting a CELTA/TESOL certificate) I would like to get my TESOL online if it would help in getting a raise/help me to do my job better.
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air76



Joined: 13 Nov 2007

PostPosted: Sun Jul 18, 2010 7:48 pm    Post subject: Reply with quote

amcnutt wrote:
I think I will because I've talken to several of the teachers there and it's been pretty good reports!


You might want to brush up on your grammar before you roll over Wink

Then again, you're probably going to be at an elementary school shouting "Apple, Monkey, House" every day.

That is a pretty horrendous sentence you've got going up there, though.

"talken", that's a new one. I've never hearen that word before.
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amcnutt



Joined: 22 Mar 2010

PostPosted: Sun Jul 18, 2010 7:50 pm    Post subject: Reply with quote

Whoops Embarassed I actually do have good writing skills, I've just been up for about 20 hours and it's really late here. I accidentally hit the wrong key Very Happy I meant to say TALKED. haha
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