|
Korean Job Discussion Forums
"The Internet's Meeting Place for ESL/EFL Teachers from Around the World!"
|
| View previous topic :: View next topic |
| Author |
Message |
Real Reality
Joined: 10 Jan 2003
Location: Seoul
|
 Posted: Tue Oct 04, 2005 8:21 am Post subject: College Graduates Earn W28 Million in First Job |
 |
|
College Graduates Earn W28 Million in First Job
Daelim Industrial offers the highest annual salary of W38 million to new staff with a university degree.... The financial industry was the most generous with W31.56 million on average while the restaurant and food industry came last with W23.59 million. The electrical and electronics industry came second with W28.9 million, followed by shipbuilding, heavy industry, machines and steel (W28.36 million), oil refining and petrochemical (W28.35 million), pharmacy (W27.77 million), auto (W27.68 million), telecommunications (W27.65 million), retail and trade (W26.17 million) and other manufacturing industries (W24.78 million).
Chosun Ilbo (October 4, 2005)
http://english.chosun.com/w21data/html/news/200510/200510040019.html |
|
| Back to top |
|
 |
ed4444
Joined: 12 Oct 2004
|
| Posted: Tue Oct 04, 2005 8:25 am Post subject: |
|
|
| These figures seems suspiciously high for graduate salaries. I think there is some skewing of the figures being done. |
|
| Back to top |
|
|
Ya-ta Boy
Joined: 16 Jan 2003
Location: Established in 1994
|
| Posted: Tue Oct 04, 2005 12:59 pm Post subject: |
|
|
And just to keep things in perspective:
any uni degree, no experience needed, no training provided: 2,000,000/month
free flight to Korea: W1,000,000
free apt: W300,000/month X 12 = 3,600,000
Total: W28,600,000
No work on Saturday, no staying in the office 10 hours+ a day = priceless |
|
| Back to top |
|
|
Real Reality
Joined: 10 Jan 2003
Location: Seoul
|
| Posted: Tue Oct 04, 2005 3:14 pm Post subject: |
|
|
| Ya-ta Boy wrote: |
And just to keep things in perspective:
any uni degree, no experience needed, no training provided: 2,000,000/month
free flight to Korea: W1,000,000
free apt: W300,000/month X 12 = 3,600,000
Total: W28,600,000
No work on Saturday, no staying in the office 10 hours+ a day = priceless |
And just to keep things in perspective:
You have a graduate degree (MA or PhD), 15 years teaching experience, special training, and a teaching certificate.
2,000,000/month
free flight to Korea: W1,000,000
free apt: W300,000/month X 12 = 3,600,000
Total: W28,600,000
No work on Saturday |
|
| Back to top |
|
|
Ya-ta Boy
Joined: 16 Jan 2003
Location: Established in 1994
|
| Posted: Tue Oct 04, 2005 3:28 pm Post subject: |
|
|
| Quote: |
| You have a graduate degree (MA or PhD), 15 years teaching experience, special training, and a teaching certificate. |
Which of course you had before you signed the same contract everyone else signed, knowing that Korea only cares that your mom taught you English and that you managed not to flunk out of college before they handed you a diploma. |
|
| Back to top |
|
|
Real Reality
Joined: 10 Jan 2003
Location: Seoul
|
| Posted: Tue Oct 04, 2005 3:56 pm Post subject: |
|
|
In Germany, Ireland, South Korea, and Switzerland, among others, teachers earn at least twice the GDP per capita.
http://www.veaweteach.org/articles_archives_detail.asp?ContentID=324
www1.oecd.org/els/education/ei/eag/tables/D1.xls
The average statutory salary per teaching hour after 15 years of experience is $35 in primary education, $43 in lower secondary education, and $52 in upper secondary (general) education across OECD countries (OECD 2000). For primary education, the Czech Republic, Hungary, and Mexico have relatively low salary costs per hour of instruction ($13, $15, and $16, respectively); by contrast, costs are relatively high in Denmark ($48), Germany ($49), South Korea ($62), and
Switzerland ($48).
http://www.nsf.gov/statistics/seind02/c1/c1s8.pdf
OECD Rates Seoul Less Foreign Friendly
"Factors cited include restrictive regulations for foreign investors and problems with licenses, government monopolies and corporate governance," the report said. "Korea needs foreign firms and workers to help develop its economy but its strict immigration rules result in extremely low numbers of foreign residents, which account for 0.5 percent of total population."
... resolving "unacceptable levels of transport congestion and air pollution" will be another key to turning Seoul into a global city.
by Choi Kyong-ae, Korea Times (September 30, 2005)
http://times.hankooki.com/lpage/biz/200509/kt2005093020213911890.htm
Foreigners Experience Difficulties in Living in Korea
Donga.com
http://english.donga.com/srv/service.php3?biid=2004070522448 |
|
| Back to top |
|
|
Yu_Bum_suk
Joined: 25 Dec 2004
|
| Posted: Tue Oct 04, 2005 4:04 pm Post subject: |
|
|
| In terms of salary / hour I'm sure most of these guys are making less than half what a unionised plumber does in Canada. |
|
| Back to top |
|
|
Ya-ta Boy
Joined: 16 Jan 2003
Location: Established in 1994
|
| Posted: Tue Oct 04, 2005 4:08 pm Post subject: |
|
|
| Quote: |
In Germany, Ireland, South Korea, and Switzerland, among others, teachers earn at least twice the GDP per capita.
|
Would those not be citizens certified to teach in those countries? While some of us are certified to teach, we are not certified to teach in Korea. Somewhat similar to my friend who is a nurse here. She is highly competent, but was not allowed to practice nursing in Canada because her English was not quite good enough. A loss for Canada. |
|
| Back to top |
|
|
mindmetoo
Joined: 02 Feb 2004
|
| Posted: Tue Oct 04, 2005 4:11 pm Post subject: |
|
|
Okay so Engineering, Science, and Accounting/Business grads earn more than foreign part time hagwon teachers...
Yep. We get it. Thanks RR. |
|
| Back to top |
|
|
mindmetoo
Joined: 02 Feb 2004
|
| Posted: Tue Oct 04, 2005 4:13 pm Post subject: |
|
|
| Real Reality wrote: |
And just to keep things in perspective:
You have a graduate degree (MA or PhD), 15 years teaching experience, special training, and a teaching certificate.
2,000,000/month
|
The hagwon job doesn't require those qualifications. It's like saying "I got a PhD but McDonald's refuses to pay me more!" If you are so qualified, then get a job in a country where you're paid for your level of education and experience. If you take a hagwon job with that level of education and experience, then you're stupid. |
|
| Back to top |
|
|
Yu_Bum_suk
Joined: 25 Dec 2004
|
| Posted: Tue Oct 04, 2005 4:25 pm Post subject: |
|
|
| mindmetoo wrote: |
| Real Reality wrote: |
And just to keep things in perspective:
You have a graduate degree (MA or PhD), 15 years teaching experience, special training, and a teaching certificate.
2,000,000/month
|
The hagwon job doesn't require those qualifications. It's like saying "I got a PhD but McDonald's refuses to pay me more!" If you are so qualified, then get a job in a country where you're paid for your level of education and experience. If you take a hagwon job with that level of education and experience, then you're stupid. |
It's also worth look at what 'highly qualified' people in the liberal arts make in their fields. When I was at Concordia U. my department hired a PhD with five years teaching experience and a post-doc for a tenure-tracked position. His salary was around $36,000 Cdn. After minimal housing he'd have $30,000. I'm making almost exactly this with current conversion rates, and paying far less in taxes and living expenses. I know of PhDs in Canada making far less for teaching just as much as I am now. Additionally, how many teachers in the west can save around $15,000Cdn a year and still live very well? If you're not stuck in a job putting up with ridiculous BS or hours, it's a very good deal financially. |
|
| Back to top |
|
|
mindmetoo
Joined: 02 Feb 2004
|
| Posted: Tue Oct 04, 2005 10:09 pm Post subject: |
|
|
| Yu_Bum_suk wrote: |
| Additionally, how many teachers in the west can save around $15,000Cdn a year and still live very well? If you're not stuck in a job putting up with ridiculous BS or hours, it's a very good deal financially. |
I'm in full agreement here. I work 4-5 hours a day. That's a part time job. With little problem I can bank $1000 a month. If I wanted to work a traditional 8 hour day and fill it with 3-4 hours of privates, geez that's another 2.8 million won a month. 4.8 million won a month for an 8 hour day teaching?
Why RR is so hung up on a hagwon wage is beyond me. He's been like this for years. |
|
| Back to top |
|
|
Real Reality
Joined: 10 Jan 2003
Location: Seoul
|
| Posted: Wed Oct 05, 2005 12:21 am Post subject: |
|
|
| mindmetoo wrote: |
| Why RR is so hung up on a hagwon wage is beyond me. He's been like this for years. |
Who says I am referring to hagwon wages? |
|
| Back to top |
|
|
mindmetoo
Joined: 02 Feb 2004
|
| Posted: Thu Oct 06, 2005 5:24 am Post subject: |
|
|
| Real Reality wrote: |
| mindmetoo wrote: |
| Why RR is so hung up on a hagwon wage is beyond me. He's been like this for years. |
Who says I am referring to hagwon wages? |
Because you specifically mention time and time again the wage of a hagwon worker. |
|
| Back to top |
|
|
Real Reality
Joined: 10 Jan 2003
Location: Seoul
|
| Posted: Sat Oct 08, 2005 2:38 am Post subject: |
|
|
| Ya-ta Boy wrote: |
| Quote: |
In Germany, Ireland, South Korea, and Switzerland, among others, teachers earn at least twice the GDP per capita.
|
Would those not be citizens certified to teach in those countries? While some of us are certified to teach, we are not certified to teach in Korea. Somewhat similar to my friend who is a nurse here. She is highly competent, but was not allowed to practice nursing in Canada because her English was not quite good enough. A loss for Canada. |
What about native speakers that teach in universities? Are they certified to teach in that country's university? Are Korean professors certified to teach English in Korea? Are most Korean teachers and Korean professors in demand for teaching English? Who do most people prefer to teach English to the students?
| mindmetoo wrote: |
| Real Reality wrote: |
| mindmetoo wrote: |
| Why RR is so hung up on a hagwon wage is beyond me. He's been like this for years. |
Who says I am referring to hagwon wages? |
Because you specifically mention time and time again the wage of a hagwon worker. |
The phrase "time and time again" is a little bit of an exaggeration. I rarely refer to hagwon workers. I do mention teachers and professors often.
Does your salary and benefits package fairly represent the importance of and demand for an English teacher or English professor? Do you think your salary and benefits should be closer to a food service worker or closer to an engineer? If you teach in a university, should your salary and benefits be similar to a hagwon teacher or similar to an assistant professor?
Look at sessional faculty at the University of British Columbia (UBC).
Sessional Faculty are faculty hired primarily to teach courses,...
( http://www.facultyassociation.ubc.ca/membership/sessionalfaculty.htm )
If you teach the equivalent of thirty-six full-time months in a six-year period, you are eligible for "continuing status" -- which provides additional benefits and a greater degree of job security.
ACCRUING SENIORITY: FACULTY OF ARTS: FULL-TIME = 9 CREDITS/TERM
(How many hours or credits/term do most foreigners teach in Korean universities?)
Benefits for Sessional Faculty
Pension
Sessional Faculty with an appointment of 50% or greater can join the UBC Faculty Pension Plan, in which a 5% contribution by the member is matched with a 10% contribution by the University. You may back-date enrollment to the beginning of the current calendar year, provided you were a UBC employee at that time. You may also maintain enrollment between appointments by keeping up a minimum contribution. The pension is fully portable. This benefit is effective at the beginning of your first contract, and it allows you to add 10% to the salary UBC affords you.
Professional Development
Continuing sessional lecturers are entitled to $500 per year PD reimbursement, which may be banked for up to three years. These funds may be used for books or other teaching materials, conference travel, computer-supplies, research-materials, and the like. Non-continuing sessional lecturers have access to a reimbursement fund established in 2000, which offers up to $260 for those below 50% of full-time, and up to $520 for those at 50% or above.
Sick Leave
You are entitled to 5 days of short-term sick leave and up to six months of long-term paid leave. Sick leave does not extend beyond the term of your appointment.
Life Insurance
Basic insurance is provided by the University; additional, optional, and self-paid life insurance is available through a group plan.
Tuition Waiver
Tuition waivers are available to sessional lectuerers with an appointment of 50% or higher, and their dependents, during the course of an appointment.
Dental
As with extended medical benefits, faculty with an 50% appointment split the cost of premiums with the University, while faculty with an appointment of 50% or higher have all premiums paid.
Benefits (http://www.facultyassociation.ubc.ca/salaries&benefits/benefits.htm )
Health Benefits
* Medical Services Plan of British Columbia (MSP)
* Extended Health Benefits
* Dental Plan
* Employee and Family Assistance Plan (EFAP)
Insurance Plans
* Basic Life Insurance
* Income Replacement Plan
* Optional Life Insurance
* Accidental Death & Dismemberment Insurance (AD&D)
Other Benefits
* Maternity, Parental & Adoption Leaves
* Tuition Waiver
* Professional Development Fund
* Faculty Pension Plan
Additional Services
* Group RRSP
* Voluntary Group Life Insurance & Accidental Death & Dismemberment Insurance
* Property Insurance
* Life, Accident and Professional Property Insurance
* Housing Benefit for Faculty |
|
| Back to top |
|
|
|
|
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
