Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The average salary for a teacher in Korea is around 2,100,000 Won (roughly $1900 USD). We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? Unfortunately this isn’t the case. Despite the salary range, the benefits of working at a hagwon in Korea is on par with other institutions and typically consists of free housing, reimbursed airfare, and an end-of-contract bonus. A Korean Language Instructor in your area makes on average $53,807 per year, or $1,245 (2%) more than the national average annual salary of $52,562. Want more proof? If you take your time and do your research, it’s possible to find positions in a great location with low working hours. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation. If you can afford the costs of higher education, the return on investment is definitely worth it. You deserve a salary increment but you are not sure how to ask.Check our 25 sample Salary Increase Request emails. The average salary in South Korea in 2019 is approximately $44,980 a year, $3,750/month, and $21.62 hourly. South Korea is one of the best countries to teach English and save money in. An entry level spanish teacher (1-3 years of experience) earns an average salary of ₩26,697,281. Both are indicators. Read the full guide to the SMOE program here. Much like a TEFL certificate, having a teaching license or degree will definitely be reflected in your paycheck – not only could it help you land a job at an international school, where you could make up to 3 million KRW a month ($2700 USD), but it could also help you boost your pay at any given school. This is the most popular public school position in Korea due to the location and teachers can expect to earn 2-3 million won per month. If camels, desert, and a little bit of culture shock sound like … However, what you really make is dependent on where you work and there are a variety of school types depending on your experience and financial goals. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. Search Korean teacher jobs. When I taught in Seoul my goal was to save $1000 per month – this was just under half of my pre-tax salary and I met that goal about ⅓ of the time. With some planning and determination, it’s easy to save ½ of your salary. The national average salary for a Korean Language Teacher is $46,276 in United States. If you don’t cringe at the possibility of ending up in a rural area, the GOE program represents a great option for those looking to experience life in South Korea. 72 open jobs for Korean teacher. In the Korean public school system, holding a Bachelor’s Degree and a TEFL certificate are minimum requirements which, if met, will get you a 2.2 million KRW monthly salary (around $1800 USD). Hagwon jobs are usually heavily advertised on. Check out, Private Schools: 1.8 – 2.3 million Won ($1,600-$2,100). Check out what Megan from Bobo and ChiChi had to say about saving money: “As a couple, we were able to save $40,000 by living abroad and working at a hagwon in Seoul and only living off of one paycheck. Universities: 2.2 – 3.5 million Won ($2,000-$3,100), International Schools: 2 – 3 million Won ($1,800-$2,700). Hagwon jobs are usually heavily advertised on Korean job boards as there is a seemingly endless thirst for foreign teachers. That is quite an investment. In addition, teaching for an international school in Korea is a great way to further your career both inside and outside of teaching as there is typically a vibrant community of expats with whom you can socialize and network. Is High School Teacher your job title? either stay for multiple contracts or talk fondly of their experience for years to come. Because of this, teaching positions for public schools are highly coveted and the school system can afford to be a bit more selective with their hires. People tend to confuse bonuses with commissions. Landing a job can be difficult if you don’t have a relevant degree, experience, or a teaching certification (though not impossible). Granted upon achieving an important goal or milestone. A Teacher with less than two years of experience makes approximately 1,780,000 KRW per month. Top 10 Highest Paying Careers in Korea (South). This money was split between my savings account and student loans, but I’ve met people who were able to pay down debt, save for a house down payment, and even fund their master’s degree by teaching in Korea. The Wall Street Journal recently chronicled the story of one South Korean teacher who makes a salary that is comparable to that of tech moguls and Wall Street bankers.Kim Ki-hoon, who has been teaching for more than 20 years in after-school tutoring programs called hagwons, is described as a “rock-star teacher.” Teacher salaries vary drastically based on experience, skills, gender, or location. ranks number 1 out of 50 states nationwide for Korean Language Instructor salaries. The average pay for an EPIK teacher is 2.3 million won and teachers that work in overly remote locations are eligible for regular bonuses. Usually jobs are classified into two categories: salaried jobs and hourly jobs. The median represents the middle salary value. Gain experience – understandably, most schools will pick a candidate who has prior work experience over someone who’s getting started, so the fuller your resume is, the higher your paycheck is likely to be. Luckily, though, there are many other countries in Asia, including China, that are a bit more flexible when it comes to their teaching requirements. International schools are a great gig for established teachers looking to teach subjects other than English (though English is also taught). A person working as a Teacher in Korea (South) typically earns around 3,070,000 KRW per month. Where can you get paid more, working for a private company or for the government? Example:A graphic designer in the marketing department of a hospital. How much does a Teacher make in Seoul, South Korea? Unless you were planning to work for a public school in South Korea, not having a TEFL certificate won’t impact your chances of finding a job in the country and, while that might mean you’ll be offered the lower end of the pay scale, you can still expect to make between 2.1 and 2.2 million KRW a month ($1730 USD – $1800 USD). Those figures should be taken as general guidelines. Hi Matseleng – the best thing you can do is browse eslauthority.com/teach/korea/ and check out the info we’ve got published – it covers most of what you’d need to get started. They generally serve as a kindergarten and school for young learners during the day and switch over to older students in the afternoon once primary school is over. Even as an elementary school teacher in Seoul, you can save as much as $1,000 per month. While a round trip or return ticket is no longer the norm (though still possible), expect every school to pay for at least one leg of your trip. Teacher salaries across Korea are fairly stagnant, meaning regardless of where your job is located or what grade you’re teaching, your salary is likely to be the same as anywhere else in the country. This program only caters to public schools in the southern Gyeongsang province and teachers can make anything between 2.1 and 2.7 million South Korean Won (KRW) a month (between $1700 and $2650 USD), depending on qualifications. Apart from the national average, salaries also differ drastically between regions. How much money can I save teaching in Korea? Good news. This post may contain affiliate links (at no extra cost to you). * Based on the average change in salary over time. Korean Teacher salaries are collected from government agencies and companies. Salaried jobs pay a fix amount regardless of the hours worked. Salary estimates based on salary survey data collected directly from employers and anonymous employees in South Korea. Seoul. While the starting salary is slightly below the OECD average of US$32,202, the top of the salary scale is much higher than the OECD average of US$55,122. $37,000 - $41,999 Read the full guide to the TaLK program here. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. Public schools Salary. Hourly jobs pay per worked hour. As long as you meet the requirements it’s quite easy to snag a job that affords great pay and nearly 120 days of vacation per year. The public school salaries in Korea are also extremely consistent as they are determined by a set scale based on experience, location, and overall demand. Obtain a TEFL certificate – this is one of the most useful tools, not just in the classroom, but also in the job market when it’s time to sit down with your employer and talk numbers. We broke down Teacher salaries by experience level and this is what we found. Percentage increase and decrease are relative to the previous value. One of the biggest benefits of being a teacher in Korea is the free housing – expect schools to provide you with a private apartment in close proximity to your school. During my time in Seoul I got extremely lucky with my apartments, check out the video tour here. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle. Your email address will not be published. Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This apartment will likely be a studio and small by western standards, but it will be free and furnished. This apartment will likely be a studio and small by western standards, but it will be free and furnished. Their field of expertise usually matches the type of business. COMPARE YOUR SALARY WITH OTHERS » Reading from the salary distribution diagram, 25% of Teacher(s) are earning less than 2,080,000 KRW while 75% of them are earning more than 2,080,000 KRW. The amount of the bonus will probably be different from person to person depending on their role within the organization. Naturally the more years of experience the higher your wage. The average salary for a teacher in Korea is around 2,100,000 Won (roughly $1900 USD). Average salaries for Fairfax County Public Schools Korean Immersion Teacher: [salary]. Public sector employees in Korea (South) earn 6% more than their private sector counterparts on average across all sectors. Private schools, typically known as hagwons, are the most common type of job in South Korea. We wrote a guide to explain all about the different scenarios. The Ultimate Guide to Teach English Abroad Teach English Abroad in South Korea See All Jobs in South Korea One key reason is that you can make pretty good money in South Korea as an ESL teacher. 68 korean language teacher jobs available. SALARY BY JOB TYPE SOUTH KOREA Unfortunately, if you don’t meet all the main criteria (being a native speaker, holding a Bachelor’s degree and having a clean criminal record), your chances of finding a job in Korea are virtually nil. The average salary for a Teacher is ₩28,897,550 in Seoul, South Korea. 6. It’s no wonder why so many of those who teach English in Korea either stay for multiple contracts or talk fondly of their experience for years to come. Salaries for first-time teachers with no experience and no credentials Most applicants with degrees in unrelated fields and no teaching credentials can expect to make somewhere between 2.0 – 2.3 million KRW a month. The tax laws are extremely favorable to teachers in Korea with most teachers paying an average 3% of their total salary per month. Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The most typical salary is KRW 36,860,000 (Gross). No, you won’t be rich, but the average job is packed with benefits like free housing that makes it easy to save money while living comfortably. Each salary is associated with a real job position. Teacher salaries in Korea (South) range from 1,500,000 KRW per month (minimum salary) to 4,780,000 KRW per month (maximum salary). Korean Teacher average salary is $56,606, median salary is $60,540 with a salary range from $26,850 to $72,207. Salary estimates based on salary survey data collected directly from employers and anonymous employees in South Korea. The average salary for a High School Teacher in Korea, Republic Of is ₩40,000. The TALK salary is capped at 1.5 million won and teachers are only permitted to teach 15 hours. These types of bonuses are given without a reason and usually resemble an appreciation token. On the other end, a senior level dance teacher (8+ years of experience) earns an average salary of ₩17,867,186. The great thing about salaries for teachers in Korea is that most people are able to save a large portion of what they make. Want to know how much Korean Won is worth? Salary estimates are based on 2,294 salaries submitted anonymously to Glassdoor by Korean Language Teacher employees. The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency. 51 Korean Teacher jobs available on Indeed.com. Many people assume that getting TEFL certified will land them a substantially higher salary. At a public school, teacher salaries range from 1.5-3 million won ($1,350-$2650) per month. That is not to say that there is something wrong with this, only that there is far less standardization when it comes to pay, hours, and overall working conditions when compared to public schools. Let’s look at some figures complements of Numbeo: Here’s a nice video about the cost of living in South Korea from the perspective of an EPIK teacher. This is the average monthly salary including housing, transport, and other benefits. As I implied above, teachers in Korea are generally provided with some great benefits in addition to a competitive salary. When the education level is Bachelor's Degree, the average salary of a Teacher is 2,090,000 KRW per month. Moving forward, an experience level between five and ten years lands a salary of 3,160,000 KRW per month, 38% more than someone with two to five years of experience. Our rent was taken care of by our work, and the cost of living in Seoul was way less than at home. As the name implies, these schools are all privately run and therefore not overseen or regulated by a government body. The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase. We broke down Teacher salaries by education level in order to make a comparison. Teacher(s) in Korea (South) are likely to observe a salary increase of approximately 11% every 17 months. Teachers can expect to make around the same as a private or public school teacher but typically find the work environment to be much more comfortable due to most students being from abroad. Salaries of teachers with fifteen years of experience exceed those of other similarly-educated workers, and even … The average teacher salary at a Korean Hagwon, or private academy, ranges from … An entry level dance teacher (1-3 years of experience) earns an average salary of ₩17,867,186. Their expertise is usually different from that of the core business operations. For those looking to pursue a job at a Korean public school, you have 4 established options: Universities are really the cream of the crop when it comes to earning potential and teaching environment. People in top positions can easily get double or triple bonus rates than employees down the pyramid. There are over 68 korean language teacher careers waiting for you to apply! Listed above are the average annual increase rates for each industry in Korea (South) for the year 2020. 25 Simple Ways to Reduce Bills and Save Money. Korean Teacher salary statistics is … 21 High Paying Jobs That Don't Require a College Degree! Everyone is different but we’ve done our best to try and summarize a few common scenarios for people looking to teach in Korea. Average take home earning is KRW 49,324,545 (Net). The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment. 69% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 31% said that they received at least one form of monetary bonus. The national average annual increment for all professions combined is 9% granted to employees every 16 months. Many people pursue higher education as a tactic to switch into a higher paying job. Your email address will not be published. Get access to our salary comparison calculator by signing up. Saving money with a Korean teacher salary will be a cakewalk! Luckily, with your housing being paid for, most teachers find that they can live quite comfortably in Korea while also saving some money. Required fields are marked *, Lara is a CELTA-certified teacher, content creator and host of the, South Korea is one of the top destinations to, for good reasons – the country offers stable jobs, incredible benefits, and salaries that make saving money easy. Teachers' salaries are the average gross salaries of educational personnel according to official pay scales, before the deduction of taxes, including the employee's contributions for retirement or health care plans, and other contributions or premiums for social insurance or other purposes, but less the employer’s contribution to social security and pension. However, if you have experience and certifications, you can easily command higher pay with hagwons. Another awesome benefit of teaching in Korea (as well as in other countries around Asia) is the bonus or severance pay you receive at the end of your contract. $32,000 - $36,999 9% of jobs The average salary is $41,527 a year. Compare salaries city by city with our free salary wizard and convert your own salary to a local salary in Seoul. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise. However, on average, if you have a bachelor’s degree in any subject, you can expect to earn a minimum teach ESL Korea salary of $21,600 per year (or $1800 a month). Other salary perks can include subsidized or free accommodation, bonuses, travel allowances, and flights to and from your home country. Companies within thriving industries tend to provide higher and more frequent raises. Take the public school programs, for instance, in this case, having a teaching degree in addition to your TEFL will result in a monthly pay increase of about $100 dollars a month, a total of 2.3 million KRW ($1900 USD). Read the full guide to the GEPIK program here. Schools deduct this tax automatically so there is very little work for the teacher to do in order to stay in compliance with the law. If you’re trying to save money this is a great perk to look forward to, but lots of other teachers use this amount for traveling after their contract. How much can I make teaching in Korea? However, if you have experience and certifications, you can easily command higher pay with hagwons. New korean language teacher careers are added daily on SimplyHired.com. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned. : As the name implies, GEPIK is a cousin of EPIK but is limited to only the area around Seoul (think ‘suburban Seoul’). How much does a Korean Language Teacher make? Please check with your school to see what their policy is. 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