What are the Typical Wages and Benefits for English Teaching Jobs in Korea?
Wages of course depend on where you work, generally however private language institutes pay less than public schools and high schools, and universities pay the most. Annual pay increases also are dependent on your employer. Public schools and universities may have automatic cost of living raises, but private institutes may not. In the university the author worked there was always a annual salary increase of about 4 percent per year. Average starting salaries can range from 1.6 million to 4 million won a month based on education and experience. For first time teachers at language schools, starting wages – on average – tend to be in the 2.1 to 2.5 million won range. As the strength of the won varies against major currencies (primarily the US$) schools tend to adjust their wages accordingly. Typically the following deductions are made from a teachers salary: Health insurance 2.5% of salary National pension plan- 4.5% of salary Income tax 3-4 % of salary Resident tax 10% of income tax Hous
