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Originally Posted by mooneyguy  Sounds kinda cool what you are doing! I'm curious what is the pay like? |
For someone without any teaching experience you should expect to earn about 2.2-2.3 million won, which is roughly $2400/month. If you finish a one year contract you will receive a severance bonus equal to one month of your salary, plus you'll get another $1000 as part of your pension, and a free plane ticket back home. Your rent is paid for by your employer and the tax rate is only 3.5%.
If you teach privately outside of your normal working hours you can easily make over $4,000/month and save about $3,000 of that.