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Period of Employment
One year contract or short-term contract
Working hours are Monday to Friday, eight hours per day
(Your schedule may vary from school to school and term to term.)
Duties
Salary: Your monthly salary will depend on your qualifications: Salary ranges from 2.2~ 3.2 Mil Won depending on your abilities.
Working hours: 20~30 hours per week mostly thru Mon to Fri. But Some schools work on weekends. (in this case salary is high)
Overtime Payment: Approximately, 15,000~ 25,000 Kwon per hour
Severance Pay: You will be paid one month's salary as a severance payment if you complete your one- year contract, in a with the Labor Standards Act of Korea.
Airfare
Your flight to Korea is paid for by the employee first and will be reimbursed flight fare as soon as your arrival in Korea.
Housing
Furnished housing is provided as a part of your remuneration and is arranged by the school.
There are three housing option house/ Apartment or A rented house or apartment.
If a teacher already has his or her own housing (or in the rare case it cannot be arranged by the school)
a monthly rent subsidy of KRW 400,000~600,000 will be provided.
Furnishings will consist of a bed, a microwave, a refrigerator, a gas stove, a kitchen table and chairs, a home phone,
a washing machine and a television, blankets, bowls, cups, utensils, etc. (total aggregate value of KRW 2,000,000)
Maintenance fees, utilities (gas, electricity, water) and other monthly expenses are the responsibility of the teacher.
Vacation and sick leave
Paid vacation: 5 days per a semester or more (total 10~15 days for Hagwons/ 26 days for EPIK) plus all national holidays.
Special paid leave (It depending on schools): Mostly for your marriage 7 days or in death in the family.
Health Insurance and other Deductions
Income Tax; tax deductions will be made in accordance with Korean Law: you can expect your income tax rate to be 3.3 %(is tied to one's income level)
Pension fund: You must pay into Korea's National pension fund: 9% of your salary per month (your contribution is 4.5 employer matches that with another 4.5 %; Citizens from certain countries may reclaim this pension payment at the end of the currently only Americans and Canadians)
Medical/ Health Insurance: half your monthly fees for Korean National Health Insurance will be paid for by your employer.
Worker's Compensation: Half your monthly fees for this deduction will be paid for by your employer
