Korean Job Discussion Forums

poet13

Can someone please calculate what they think the gross wage (NOT net) on July shoud have been? I know I'm a big boy and I should be able to figure it out for myself, but I have calculated it several different ways, each time coming up with a different figure. I just don't know the "Korean way". Any old hands out there want to sort me out? Grotto, ttompatz?

Net/base salary 1.9
OT @17000/hour

July 3-7 33:50 (hours:minutes)
July 10-14 33:50
July 17-21 26:40 (1 national holiday)
July 24-28 31:20
July 31 (school holiday)

I netted (had deposited) 1,980,000.

My difficulty is I don't know exactly how to calculate the holidays. Do I divide hours worked buy the number of days actually worked for an average? Do I divide my base pay by expected non OT hours? Do I include OT hours in any calculation?

This might seem simple to some of you, and if it is, please set me to rights.

Thank you.

Pak Yu Man · Joined: 02 Jun 2005 Location: The Ida galaxy

let's see.

First off.....OT psy is 17000 won an hour.

It doesn't mstter how retraded you are in math....you are making more that 17000 won/hour at regular wage.

Anything more than that..........

poet13 · Posted: Thu Aug 17, 2006 5:13 pm Post subject:

bump

anyone... ? please?

TheUrbanMyth · Joined: 28 Jan 2003 Location: Retired

poet13 · Posted: Thu Aug 17, 2006 10:44 pm Post subject:

Regular hours are 120. This is under dispute as explained in another thread. Thank you TUM...

poet13 · Posted: Fri Aug 18, 2006 12:35 am Post subject:

Actually Pak Yu Man, my base is 16,666.66 per hour. That's 2,000,000/120. I know the OT is very low, but it's not like it was my choice...

Pak Yu Man · Joined: 02 Jun 2005 Location: The Ida galaxy

Sure it was. You could have changed the number before you signed your contract.
Or just refuse to work OT until they change it. They can't force you.
The longer you stay bent over the longer they'll give it to you.

poet13 · Posted: Fri Aug 18, 2006 4:59 am Post subject:

What's done is done. I'm just trying to sort the original question out. I keep second guessing myself.

schwa · Joined: 18 Jan 2003 Location: Yap

I think youre not getting the answer you want here because the original question is so confused & incomplete. Gross? Net? Who knows what your contract says about teaching hours, etc.

Why dont you ask your director how he calculated it?

poet13 · Posted: Fri Aug 18, 2006 5:37 am Post subject:

Thank you schwa. I didn't realize my OP was so informationally challenged.

I have asked my director how she calculates wages.....just about every month.

The original question was what should the gross wages be. That is, before taxes. I have an agreement with her regarding taxes. She doesn't take them from me now. She pays them herself....or so she says. That agreement was because during my first contract she overcharged me, taking 100,000 a month instead of 28,500, or whatever it shoud have been. So she reimbursed some, and pays my taxes for me now. In effect, I got a slight raise. That's why I don't need to know net, just gross.

I said net in my original post because I DO pay 100,000 for utilities. That includes everything. Phone, heat, electric, water. My gross pay is 2 mill. My net is 1.9. I am expected to work 120 hours a month for that. Whether that works out to ten hours a day for twelve days, or evenly divided between the number of work days in the month doesn't matter.

So, and please forgive me if I'm still being obtuse; given the hours worked, the holidays/vacation used, and the OT rate of 17,000, what should I have received for the month? I can figure out the OT hours. Thats 5 X 17,000.

It's the holiday pay calculation I have been having trouble with. I keep second guessing myself. I come up with about 90,000 per vacation/holiday depending on HOW I calculate it.