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dogshed
Joined: 28 Apr 2006
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 Posted: Wed May 24, 2006 12:17 pm Post subject: Paystub, pay stub What does it look like? |
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What does a typical korean pay stub look like?
What are the korean terms used on a pay stub?
I have enough trouble understanding my
American pay stub in English. Will I be able to
understand my Korean pay stub?
Maybe someone could post a image of
their paystub with the personal information blurred out
or make up a fake one and post it.
Thanks.
-Jeff |
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desultude
Joined: 15 Jan 2003
Location: Dangling my toes in the Persian Gulf
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| Posted: Wed May 24, 2006 2:03 pm Post subject: Re: Paystub, pay stub What does it look like? |
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| dogshed wrote: |
What does a typical korean pay stub look like?
What are the korean terms used on a pay stub?
I have enough trouble understanding my
American pay stub in English. Will I be able to
understand my Korean pay stub?
Maybe someone could post a image of
their paystub with the personal information blurred out
or make up a fake one and post it.
Thanks.
-Jeff |
You should be able to get a statement about your deductions and stuff, but a "paystub" requires a paycheck. These, to the best of my knowledge, don't exist in Korea. You will either be paid by a transfer to your Korean bank account, or in an envelope full of 10,000 won notes (about $10 U.S.). This was a bit disconcerting at first, but checks are just not used in Korea. Moving money around is cash or wire transfer. Once you get used to it, it is very convenient. You can pay bills or send money to someone (within Korea) at an ATM. BUT, few ATMs have an English menu, so for a while, til you get the hang of it, you will be taking a colleague or friend with you to use it.
I am not sure how Hogwan workers get their pay records, at my uni it is all online and I can look at it anytime. I have heard from some that they don't get a record, and then find out that their pension, taxes, health insurance or severance hasn't been paid by the owners. For this reason, I would make sure to see some sort of record. You can also check with the pension office or the tax people to find out if it is being paid. This seems, from what I have heard and read, to be one of the big problems with hogwans, and it is good to be very mindful of it.
The short answer- you will not get anything approximating a paystub from most or all employers in Korea. |
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OiGirl
Joined: 23 Jan 2003
Location: Hoke-y-gun
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| Posted: Wed May 24, 2006 3:52 pm Post subject: |
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A paystub can look like whatever your employer wants it to look like. If they don't give you one, tell them you need it to file your taxes back home.
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desultude
Joined: 15 Jan 2003
Location: Dangling my toes in the Persian Gulf
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| Posted: Wed May 24, 2006 4:08 pm Post subject: |
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| Oops! I guess there is such a thing. I have never had one at the uni. Other have told me they don't get ones at hogwans. I would certainly insist on an accounting, and, until your a very sure of your employer, I would check with the govt to be sure your "deductions" are going where they are supposed to. |
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Wangja
Joined: 17 May 2004
Location: Seoul, Yongsan
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| Posted: Wed May 24, 2006 4:37 pm Post subject: |
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| There is such a thing of course. I have one that I will try and post here this evening. |
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Hollywoodaction
Joined: 02 Jul 2004
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| Posted: Wed May 24, 2006 5:07 pm Post subject: |
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| Oi girl, I hope you earn more than 1.6 per month now. |
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OiGirl
Joined: 23 Jan 2003
Location: Hoke-y-gun
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| Posted: Wed May 24, 2006 5:34 pm Post subject: |
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Oh, yes, did you see the
part?  |
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poof
Joined: 23 May 2005
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| Posted: Wed May 24, 2006 8:09 pm Post subject: |
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Paystubs can come in whatever form the school wants - or no paystub at all.
Once I had a very thorough 2 page paystub with a breakdown of every deduction. The school had an inhouse accountant, so perhaps no surprise... On the other occasions, I have asked my employer to provide me with a piece of paper with a statement of salary - they were pretty rudimentary looking things and staff were reluctant to use up their valuable time to provide such things.
Essentially, your bank account book becomes your paystub in Korea. |
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Wangja
Joined: 17 May 2004
Location: Seoul, Yongsan
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| Posted: Wed May 24, 2006 8:11 pm Post subject: |
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| Quote: |
| Essentially, your bank account book becomes your paystub in Korea. |
Not only was someone dumb enough to post that but I am also sure someone will be dumb enough to believe it. |
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poof
Joined: 23 May 2005
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| Posted: Wed May 24, 2006 8:31 pm Post subject: |
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| Ha, Wangja, why's that so silly? If I'm asked for proof of earnings, then some do accept my bank book with the deposits from my employer marked on it. Afterall, we are not supposed to receive any other payments from any other source while on an E2, so many will take it as the equivalent of a paystub. If we don't get a paystub, then how else do we find out whether we got paid or not? Bank book. |
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Wangja
Joined: 17 May 2004
Location: Seoul, Yongsan
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| Posted: Wed May 24, 2006 8:33 pm Post subject: |
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| I'll show you later poof, when I am at home and post a standard Korean payslip. |
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poof
Joined: 23 May 2005
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| Posted: Wed May 24, 2006 8:35 pm Post subject: |
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| okay. but I did mention before that I once had a 2 page paystub, so I am aware that they are around in SOME schools. I just use my bank account book for certain cases to prove my earnings. That's all. |
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OiGirl
Joined: 23 Jan 2003
Location: Hoke-y-gun
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| Posted: Wed May 24, 2006 8:51 pm Post subject: |
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| poof wrote: |
| Ha, Wangja, why's that so silly? If I'm asked for proof of earnings, then some do accept my bank book with the deposits from my employer marked on it. Afterall, we are not supposed to receive any other payments from any other source while on an E2, so many will take it as the equivalent of a paystub. If we don't get a paystub, then how else do we find out whether we got paid or not? Bank book. |
I would not want to file my taxes nor undergo an audit with that sort of documentation. But your experiences may vary. |
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Wangja
Joined: 17 May 2004
Location: Seoul, Yongsan
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| Posted: Sat May 27, 2006 5:41 pm Post subject: |
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Here's a local payslip from a foreign company in Korea ....
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Hotpants
Joined: 27 Jan 2006
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| Posted: Sat May 27, 2006 7:07 pm Post subject: |
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That's useful to see if you work for EUKORAIL - now I see they get paid more than me!  |
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