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Because of the current market situation of high
demand for native ESL teachers, employers tend to
hire teachers with more attractive packages. There
are tremendous tangible and intangible benefits
for foreign English teachers, not to mention the
recognition and respect to the teachers by the Korean
society. |
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The salary level
is competitive and substantial, which is determined
by qualifications, experience and performance.
After all, the disposable income after taxes
will be around C$31,000 ( US20,000 )at least.
Teachers are able to save a considerable portion,
possibly C$10,000( US$6,500 ) to C$15,000
( US$10,000 )on average. |
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The cost of living
in Korea is considerably low compared to neighbouring
countries like Japan and significantly cheaper
then that of America and Canada. Compared
with that of Toronto, Los Angeles, the Korean
living cost appears to be 30% to 40% cheaper |
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It is a common
practice that free accommodation in the form
of apartment is provided to English teachers
by employers. However, utilities such as water,
natural gas and electricity are born by tenants. |
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There is no initial
outlay of money. Normally, a hosting partner
provides teachers with an incoming airline
ticket and a returning ticket upon completing
the contracted 1-year period successfully. |
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Income taxes on
salary are extremely low so that it is ranged
from 3% to 5%, depending the level of income
received. |
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Health insurance
premium is born by the employer and employees
equally. Accident compensation scheme covering
50 million Won will also provided. |
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Teachers are normally
paid a paid vacation for 10 days at least,
in addition
to 9 or 10-paid public holidays. |
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Teachers are paid
extra payment, normally 15,000 to 20,000 Won
( C$19.25-C$25.67 or US$12.40-US$16.53 ),
the hourly rate for any overtime hours worked. |
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Teachers will receive
a special bonus, equivalent to one month's
salary, called a severance pay, upon completing
the contracted 12-month period. |
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Copyright© 2002-2007
Marcopolo Korea, All rights reserved.
14 Chessington Street, St. Catharines, Ontario, Canada L2S 3J3
Phone Number: 905-641-2288
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