Korean Job Discussion Forums

[SweetLou]

I have a friend who has recently re-signed with smoe for a second year, but he is considering getting out of the contract early. What happens to the first year bonus and pension if he resigns (as in quits, w/ notice) versus if he gets fired? Is he entitled to both either way?

thanks

[Fishead soup]

If you don't plan on renewing they give you a one way ticket. If you plan on renewing they give you a round trip ticket.
He owes money on the return flight. They will deduct that from his bonus.

[SweetLou]

smoe give tickets home to teachers who resign? What if they don't necessarily plan on leaving the country, just getting out of smoe? Is the cost of a one-way ticket still deducted from the bonus?

[ddeubel]

Sweet lou,

He's entitled to his severance - seeing he did finish his first contract. It will be prorated up until the end of his work period. He still must give thirty days notice. If he doesn't, there really is no impact other than they could get nasty and give him problems with his deposit (500,000 won) and apt. issues.

Pension - depends on his nationality, whether he will get it back. Tell him to check that.

Flight - he will receive no return ticket unless he finishes the new contract. Period. He'll have to arrange and pay for that. I think Fishsoup didn't note that the person in question had already done a year contract.

DD

[SweetLou]

Another question -- it's a bit weird to be the go-between, but my buddy doesn't want his Dave's account tied to these posts.

Between contracts, SMOE allowed him to go home to visit family/friends on a free round-trip ticket as a condition of re-signing. Is there any financial liability for that ticket if 6 months on the new contract aren't completed?

RE: the pension, he's American.

Thanks for the help, everyone...

[xCustomx]

[SweetLou]

If it's a round-trip fare, how do they usually calculate the price of a one-way leg? is there a stock amount they generally base it on, or would they just halve the cost of the round-trip ticket? since the trip home happens during peak season, that could get expensive it seems...

[ddeubel]

Sweetlou,

There is no liability for the flight. That was due and compensation for the completion of his first year contract.

He won't be elgible for any flight unless he completes a full year. Then he will get a return ticket home (if not resigning.) that's all. As an American he will have to apply to get his pension money back.

If he completes 6 mo. this contract, he gets no flight home but will get severance up to that point. Or if 7 mo. up to that point, and so on.....

I hope this is clear enough. He should read his contract!!!!!!

DD

[schwa]

Something not quite right there ddeubel, & I doubt the smoe contract addresses the op's friend's issue. On completion of his one year, he was indeed entitled to his fare home. But what he got instead was a return ticket back to Korea upon re-signing on the understanding he was back for a 2nd year (not to mention 10 days paid leave). If he doesnt complete 6 more months, doesnt he logically forfeit half that return ticket?

[ddeubel]

[yingwenlaoshi]

You get your flight back if you haven't already taken a flight and have received no money in lieu for that. If you've already taken a flight or gotten money in lieu of that (for your first year) then you have to find your own way back home.

You should already have your severence. If not, they should give it to you.

No money should be withheld. Deposits should come back to you if you have made any.

It sounds like you just re-signed and didn't take any flights home or money for that. If you give them 30-day's notice, you owe them sweet fk all.

I guess for every day under the 30 you're supposed to give them for notice you would owe your montly salary divided by 30 times the number of days you were under 30 for your proper notice.