What is the average teacher salary and benefits?
Depending on your experience and education, teachers can expect to make between 2.0 to 2.4 million Won per month. In addition, you will also receive round-trip airfare and accommodation near the school. Upon completion of your contract you will also receive a bonus equal to one month’s salary. This is not a discretionary bonus. Your employers are required by law to provide this, and you should receive it on your final paycheck. Each month you and your employer will also pay into the Korean National Pension Service. Just before leaving the country make sure to visit the NPS offices in order to receive a payout of your pension contributions. You will receive both the money you and your employer contributed. This amount will be wired directly into your home bank account within one to two months. This amount is roughly equal to one month’s salary.
