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Am I entitled to my security deposit?!

 
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haleydawn333



Joined: 13 Jan 2010
Location: Canada

PostPosted: Sun Sep 05, 2010 10:55 pm    Post subject: Am I entitled to my security deposit?! Reply with quote

Hi there,

To give a bit of background, I am here on an E2 visa and had been working at a private hagwon up until last week. The owner of the school came into the office last Monday and told us that they were closing down the school for financial reasons, and I was out of the door by Wednesday. Being that I have only been working in Korea since May (ie: less than 6 months) I am not protected by the labour laws, and a result had to take what they offered me. Aren't I just living the cliche? Bah.

Anyhow... I am allowed to stay in my apartment until the end of the month and will be paid for the month of September...minus 500,000 W that will be withheld until my Sept. bills are paid. I realize that this is standard practice and I will (hopefully!) get that 500,000 back.

NOW....what I NEED to figure out is......what about the unmentioned (but expected) chunk of money all hagwons take off your first 3-4 paychecks for an initial security deposit? Isn't this the norm for contracts in Korea? Shouldn't I get that back?!! They won't give me a straight answer about anything, so I am trying to figure out if I am entitled to that money, and should be pushing them for it.

Does anybody have any advice or experience dealing with this type of situation? I would greatly appreciate the input! Thanks very much.
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mmstyle



Joined: 17 Apr 2006
Location: wherever

PostPosted: Sun Sep 05, 2010 11:00 pm    Post subject: Reply with quote

If it were me, I would be pushing VERY hard for that money (based one what you have written). The school is the one breaking the contract (if they are the one who set up your housing, rather than you) with your landlord. That is to say, they are the one's who signed the contract.

This is my assumption based on what MOST teachers do. Let us know if that is accurate, and it will give people with more experience than I have more info to weigh in on.

As to whether you will get your money....of course, that is a different story.
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TheUrbanMyth



Joined: 28 Jan 2003
Location: Retired

PostPosted: Sun Sep 05, 2010 11:05 pm    Post subject: Re: Am I entitled to my security deposit?! Reply with quote

haleydawn333 wrote:
Hi there,

To give a bit of background, I am here on an E2 visa and had been working at a private hagwon up until last week. The owner of the school came into the office last Monday and told us that they were closing down the school for financial reasons, and I was out of the door by Wednesday. Being that I have only been working in Korea since May (ie: less than 6 months) I am not protected by the labour laws, and a result had to take what they offered me. Aren't I just living the cliche? Bah.

Anyhow... I am allowed to stay in my apartment until the end of the month and will be paid for the month of September...minus 500,000 W that will be withheld until my Sept. bills are paid. I realize that this is standard practice and I will (hopefully!) get that 500,000 back.

NOW....what I NEED to figure out is......what about the unmentioned (but expected) chunk of money all hagwons take off your first 3-4 paychecks for an initial security deposit? Isn't this the norm for contracts in Korea? Shouldn't I get that back?!! They won't give me a straight answer about anything, so I am trying to figure out if I am entitled to that money, and should be pushing them for it.

Does anybody have any advice or experience dealing with this type of situation? I would greatly appreciate the input! Thanks very much.


You are being ripped off. That initial security deposit is to cover any unpaid bills...why are they deducting it AGAIN from your last paycheck?

Yes you are entitled to that money. However you may lose your current housing if you push the issue.

It's up to you. Also find out if your E-visa has been canceled and if so when do you have to leave the country.
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