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livinginkorea

Joined: 11 Jun 2004 Location: Korea, South of the border
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Posted: Tue Aug 10, 2004 4:48 am Post subject: Wages of Korean Teachers |
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I have heard 1 million, 1.2 million and even 1.5 million but actually how much do korean teachers in hagwons get? |
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ryleeys

Joined: 22 Dec 2003 Location: Columbia, MD
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Posted: Tue Aug 10, 2004 5:18 am Post subject: Re: Wages of Korean Teachers |
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livinginkorea wrote: |
I have heard 1 million, 1.2 million and even 1.5 million but actually how much do korean teachers in hagwons get? |
Yes, yes, and yes...
Of course it's going to change from city to city, dong to dong, and hagwon to hagwon. |
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livinginkorea

Joined: 11 Jun 2004 Location: Korea, South of the border
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Posted: Tue Aug 10, 2004 5:20 am Post subject: |
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Would this be true or are they lying so that it looks like they get more then we expect? |
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mindmetoo
Joined: 02 Feb 2004
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Posted: Tue Aug 10, 2004 5:34 am Post subject: |
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livinginkorea wrote: |
Would this be true or are they lying so that it looks like they get more then we expect? |
My Korean friend works 1/3 more hours than I do for 1.6 mil before taxes (Koreans pay a slightly higher income tax rate). She doesn't get a free apartment. And her school expects the Korean teachers to mop. |
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Saxiif

Joined: 15 May 2003 Location: Seongnam
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Posted: Tue Aug 10, 2004 6:59 am Post subject: |
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My gf's old job had 1.7, but when a test was coming up she had to work seven days weeks  |
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lush72
Joined: 18 Aug 2003 Location: I am Penalty Kick!
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Posted: Tue Aug 10, 2004 7:06 am Post subject: |
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mindmetoo wrote: |
Koreans pay a slightly higher income tax rate). |
You are wrong. They do not.
SIGNAL TO NOISE BAY-BEE!! SIGNAL TO NOISE!! |
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Dalton

Joined: 26 Mar 2003
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Posted: Tue Aug 10, 2004 9:29 am Post subject: |
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Koreans do pay more taxes than foreigners. The income tax rate may be the same but there are many other taxes that Koreans pay that ex-pats are exempt from. For example most ex-pats can apply to get back their pension payments at the end of the year. Koreans cannot do this. So they pay slightly more taxes than we do. |
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justagirl

Joined: 17 Jan 2003 Location: Cheonan/Portland
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Posted: Tue Aug 10, 2004 3:33 pm Post subject: |
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But they get their pension back when they retire (which is the whole purpose of the pension plan in the first place). You really can't count that as a tax, anyway. It's a deduction/retirement plan. |
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mindmetoo
Joined: 02 Feb 2004
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Posted: Tue Aug 10, 2004 3:58 pm Post subject: |
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lush72 wrote: |
mindmetoo wrote: |
Koreans pay a slightly higher income tax rate). |
You are wrong. They do not.
SIGNAL TO NOISE BAY-BEE!! SIGNAL TO NOISE!! |
Sorry I should have been more accurate in saying Koreans have higher withholdings from their pay: income tax, health tax, pension, unemployment insurance, etc. |
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Dalton

Joined: 26 Mar 2003
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Posted: Tue Aug 10, 2004 4:21 pm Post subject: |
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justagirl wrote: |
But they get their pension back when they retire (which is the whole purpose of the pension plan in the first place). You really can't count that as a tax, anyway. It's a deduction/retirement plan. |
True but people do count it as a tax and it's geared to income so people often say 'income tax' when referring to deductions from their pay. So do businesses. Health, unemployment, pension plan contributions are commonly referred to as income taxes in may countries. Sorry about the semantics but I believe that's what the poster meant. |
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manlyboy

Joined: 01 Aug 2004 Location: Darwin, Northern Territory, Australia
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Posted: Tue Aug 10, 2004 10:40 pm Post subject: |
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Don't know how much they were getting at my last hagwon, but I do know the management eliminated their severance pay/bonus, and replaced it with a "we'll deduct 10% of your pay each month, and return the lump sum after 12 months, and that now will be your bonus" scam! When I asked them what they could/would/should do about it, they all answered along the lines of "it's best to just not say anything". |
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Real Reality
Joined: 10 Jan 2003 Location: Seoul
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Posted: Wed Aug 11, 2004 2:26 am Post subject: |
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Average Annual Salary of Newly Employed University Graduate is 24.72 Million Won
A survey showed that the average annual salary of newly employed university graduates this year is 24.72 million won and that Shinhan Bank provided the highest salaries. Education, apparel and the leather industry provided 22.63 million won, the food and restaurant industries 23.03 million won, and the machine and steel industries 23.94 million won. The Shinhan Bank marked the highest annual pay among individual corporations in all industries with 34 million won. LG Insurance came in second with 33.4 million won, and then Hyundai Card and Pusan Bank with 30 million won.
http://english.donga.com/srv/service.php3?bicode=020000&biid=2004022038228
But only 70 percent of the companies said they would give vacation bonuses this year, compared to the 76 percent who gave their workers some spending money last year.
http://joongangdaily.joins.com/200307/21/200307210127478909900090509051.html
BONUS
Educators said to pay big bribes for appointment to choice jobs
Educators paid off one another with tens of millions of won to get the "good positions" with the office of education here, according to indictments and testimony by former and current officials at South Chungcheong province's office of education.
http://joongangdaily.joins.com/200307/08/200307080005054309900090409041.html |
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mindmetoo
Joined: 02 Feb 2004
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Posted: Wed Aug 11, 2004 2:57 pm Post subject: |
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RR what's that actually have to do with the topic at hand? The question was "what do Korean hagwon teachers make?" and you're telling us what people in the Korean leather industry make. Yes I realize that list includes "education" which anyone with half a brain would realize averages in professor salaries and doesn't reflect a fair reflection of what the OP really requested: what do the in the trenches Korean hagwon teachers actually make.
I think we're all aware by now you feel being white and being able to speak english should command a higher wage in Korea. And we all wonder if you feel so underpaid here why you don't go back to your own country and find the higher paying job you believe you deserve. |
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Hyalucent

Joined: 16 Jan 2003 Location: British North America
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Posted: Wed Aug 11, 2004 3:26 pm Post subject: |
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mindmetoo wrote: |
lush72 wrote: |
mindmetoo wrote: |
Koreans pay a slightly higher income tax rate). |
You are wrong. They do not.
SIGNAL TO NOISE BAY-BEE!! SIGNAL TO NOISE!! |
Sorry I should have been more accurate in saying Koreans have higher withholdings from their pay: income tax, health tax, pension, unemployment insurance, etc. |
AFAIK, there are two different rates of income tax. It's not foreigner vs. native that sets the difference but contract vs. full time. Since most foreigners are on a contract, they pay a lower income tax rate. I believe it's around 9% for full time and 6% for contract.
And as far as withholdings, with the rate my school billed me for my health insurance my first year there, I'd be tempted to say I had the highest rate of deductions in the hagwon.  |
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Real Reality
Joined: 10 Jan 2003 Location: Seoul
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Posted: Wed Aug 11, 2004 3:56 pm Post subject: |
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mindmetoo wrote,
"RR what's that actually have to do with the topic at hand? The question was "what do Korean hagwon teachers make?" and you're telling us what people in the Korean leather industry make. Yes I realize that list includes "education" which anyone with half a brain would realize averages in professor salaries and doesn't reflect a fair reflection of what the OP really requested: what do the in the trenches Korean hagwon teachers actually make."
Post subject: Wages of Korean Teachers
Average Annual Salary of Newly Employed University Graduate is 24.72 Million Won
Since when do Korean university graduates (with four year degrees) become university professors? |
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