How much can I earn teaching English in South Korea?
Every year thousands of new and experienced teachers head to South Korea to take advantage of the competitive salaries and good working conditions that are routinely on offer. South Korea is also one of the wealthiest countries in Asia with low crime rates and a high-tech infrastructure, making it an attractive place to live and work.
What are TESOL salaries in South Korea?
How much you are paid while teaching in South Korea will depend on your previous classroom experience and where you choose to work. However, the average monthly salaries for public schools are: First time teachers = 1.8 to 2.0 million KRW ($1,600 to $1,800 USD). Experienced teachers = 2.0 to 2.7 million KRW ($1,800 to $2,400 USD). The average monthly salaries for private schools are: First time teachers = 2.0 to 2.1 million KRW ($1,800 to $1,900 USD). Experienced teachers = 2.1 to 3.0 million KRW ($1,900 to $2,700 USD).
What other benefits can I expect when teaching English in South Korea?
Most teaching contracts in South Korea also include a range of extra benefits which can add up to an excellent overall package. Return airfares are routinely paid for in advance by the employer or in some cases reimbursed on arrival. Most jobs also include free accommodation which is usually a private, fully furnished apartment. National healthcare is always covered and often teachers will receive an extra month's salary as a bonus on completion of the contract. Teachers also get to enjoy plenty of paid time off as there are up to 18 national holidays every year, on top of the three weeks paid vacation that public school teachers are entitled to. If you work for a private school you will get the same amount of national holidays and around two weeks' vacation.
How much can I save while teaching English in South Korea?
Although it is one of the most developed countries in Asia, South Korea still has a cost of living that is lower than many western countries. When you also consider that many expenses that you might have in other countries are covered by the employer, it is fair to say that you can potentially save a considerable sum while teaching ESL in South Korea. If you are relatively careful with your money, you could save somewhere in the region of 50% of your income, which adds up to a possible saving of around $800 to $1,200 per month.