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kdub
Joined: 09 Oct 2010 Location: Texas
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Posted: Wed Jan 19, 2011 5:49 pm Post subject: bankrupt hagwons/GEPIK cuts = shortage of reliable jobs? |
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I've been reading up recently preparing myself for the upcoming application process as I'm finishing my TEFL certification early next month. I'm likely moving in May, which I know cuts my options for public school as it won't be hiring season, but I have read up on the PS budget cuts and that many contracts aren't being renewed.
Pair that with the threads I have read about private schools going under and teachers getting stuck with no job in the middle of the contract...any advice on how to avoid the troubled schools (if possible?) and getting stuck mid year without a job? Does it really happen that often and do most teachers head home or are they able to get another job fairly quickly? Better to go with a big chain hagwon, regardless of some of the cons? Risk waiting for PS hiring season and get hired on there regardless of the budget cut rumors?
Knowledge, advice, insight appreciated! I'm hoping to make Korea home for the next couple of years and would like to avoid this kind of snag. |
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Junior

Joined: 18 Nov 2005 Location: the eye
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Posted: Wed Jan 19, 2011 6:21 pm Post subject: |
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| The market is that swamped now, you will probably just have to go with whatever you can get anyway. |
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ttompatz

Joined: 05 Sep 2005 Location: Kwangju, South Korea
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Posted: Wed Jan 19, 2011 7:07 pm Post subject: Re: bankrupt hagwons/GEPIK cuts = shortage of reliable jobs? |
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| kdub wrote: |
I've been reading up recently preparing myself for the upcoming application process as I'm finishing my TEFL certification early next month. I'm likely moving in May, which I know cuts my options for public school as it won't be hiring season, but I have read up on the PS budget cuts and that many contracts aren't being renewed.
Pair that with the threads I have read about private schools going under and teachers getting stuck with no job in the middle of the contract...any advice on how to avoid the troubled schools (if possible?) and getting stuck mid year without a job? Does it really happen that often and do most teachers head home or are they able to get another job fairly quickly? Better to go with a big chain hagwon, regardless of some of the cons? Risk waiting for PS hiring season and get hired on there regardless of the budget cut rumors?
Knowledge, advice, insight appreciated! I'm hoping to make Korea home for the next couple of years and would like to avoid this kind of snag. |
The market probably peaked in 2009 with just over 30,000 E2s being issued.
Cuts in the PS system are on the order of 5-10% (200 jobs lost in GEPIK for the spring 2011 term and I suspect (without taking the time to personally check) that it is similar in EPIK. You can expect simiar cuts in the fall as well.
What does this mean to the new applicant.
It means that replacement recruitment requirements will be down from 1000 per semester to about 600 NEW teachers required per semester.
As long as the employment figures in the states stay as bad as they are there will be a surplus of economic refugees looking to move to Korea.
Is there a shortage of jobs = no. It simply means that the schools can afford to be more choosy in the hiring process and not take the 1st body to come along as the default.
There are still plenty of jobs to be had. You just need to be a bit more professional in your application.
Then there is always China. 50,000 new or replacement teachers required every year (projected by SAFEA to be over a 1/2 million new teachers required in the next decade).
There are always options and ESL IS A GROWTH INDUSTRY.
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