Korean Job Discussion Forums

[gi66y]

Reading my contract it says I wouldn't get one month severance until I actually left the school. That is, if I signed on for another year I wouldn't get a return ticket and one-month severance pay until I actually quit and either went home or went to work somewhere else.

This seemed a little stupid considering that the boss would have to pay my severance and ticket home and then someone else's ticket to Korea as well as go through visa hassles, plus the inconvenience of having to train the new teacher.

I mentioned this to my boss when I re-signed the first time and he agreed to give me the one month severance pay as a bonus, the equivalent of a one-way ticket home in cash, as well as a raise--which made me happy.

Is this the standard thing to do?

[marlow]

By law you only get severance when you leave permanently. You get the average wage of your final three months multiplied by how many years you worked there.

If you get paid 2.0M per month your first year, and get a raise in your second year to 2.1M per month, when you finish after two years you would get 4.2M in severance. This is because during your final three months at the school you were making an average of 2.1M per month, and multiply this by two years.

They should give you a ticket after year one. My public school gives me return airfare and extra vacation to visit my home country whenever I sign on for another year. I appreciate this very much. They won't pay me severance until I leave my job, as that is the law.

[gi66y]

I've never heard of that being a law, but if it is then great, but it'd work out the same as getting an extra month's salary at the end of each year.

Still I'd rather get the money each year and put it in the bank than trust my boss to give me the whole thing at the end. After five years of 2.2 million, he'd be on the hook for 12 million that'd he'd have to give to somebody who's leaving? You'd have to trust him quite a bit.

[HamuHamu]

[marlow]

[gi66y]

[marlow]

[just because]

When I did it at the first school I was at here I got a return airfare to Australia and back plus 2.5 million won bonus to make sure I was coming back I suppose

He was a good boss but you sure worked hard for it.

[Flossie]

I had the same clause in my contract - will pay when you finish with the company. Not trusting my hagwon, I got them to pay me at the end of my first year. I got one month severance, airfare, plus 200,000 per month pay rise for the second year. (Didn't stick out the second year though as the environment took a turn for the worse.)

[sadsac]

Severance, airfare and re-newal bonus.

[gi66y]

I suppose that this poll would be more accurate if you could answer once for every school you've been at.

If I were at a school that wanted to give me nothing, I'd leave after a bit and come back to a different one...

[some waygug-in]

I've never had that problem as I've changed schools every year.
I have gotten my bonus and airfare from the first 2, this one's going to be a problem though. I will be lucky to get my regular wages out of the
$%^&*().

[panthermodern]

I once got:

A pay raise of 200 000 won a month
The cash equivelent of my plane fare home
Two months unpaid holiday, but, still 1 month serverence
Time and a Half overtime.
Highest paid base salary garuntee.
Round trip from/to Korea paid in cash ...

Plus: End of contract bonus paid monthly ... Salary / 10 each month ...

Of course this was years ago.

[superhal]

what panthermodern said is also what i got offered (but without the unpaid vacation), although since i was going to graduate school, my owner said he might go to 3 mil/won a month if i came back with an MA.