Salary is commensurate with your teaching experience in Korea. Experience outside Korea is not that much respected.
As cost of living is low teachers can save more than a half of income in general. Therefore the fact you can save meaningful amount is more important than face salary amount or exchange rate.


Round-trip airfare between Korea and your home area is included in the total compensation package.

Severance pay is usually the equivalent of one month's salary, and it will be paid when you finish your one-year contract term.

 

Your compensation package also includes your living place, which is located in close proximity to the school and is provided by the school.

The schools typically pay one-half of the cost of health insurance, and amount deducted will be only 2 to 3% of your regular income.

It is common that small deductions may be taken from your salary for several months to guarantee payment of utility bills and other obligations. These deposits are refunded at the end of your term of employment, after your final bills are paid off.

In general, it is much cheaper to live in Korea than in North America or any other English-speaking countries. Many foreign teachers find it possible to save a considerable portion of their take-home pay while working in Korea, since your out-of-pocket expenses may consume only as little as one-third of your salary.

As the school provides your residence, you are responsible only for your utilities (telephone, electricity, gas, water, cable, and internet). Your home will typically be located within walking distance from the school. For your leisure travel, transportation within Korea is very cheap and convenient. Due to express train system named KTX you can reach every major cities within 1~3 hours. The costs of subway transportation in the larger cities vary with the distance traveled, but start at about 50 cents. Long distance express buses and trains are fast and much cheaper than you expect.