Home   >   More   >   Hot Links   >   [Expat Newsire] For Expats in Korea, Race to the Bottom Wages are Here

[Expat Newsire] For Expats in Korea, Race to the Bottom Wages are Here

December 12, 2014

 

(Yonhap)

(Yonhap)

[EXPAT NEWSIRE]

Incomes have been falling in South Korea for some time, and the race to the bottom is now coming to English teachers, writers, and editors in the country.

While teacher salaries are frozen in place, incomes for other careers are weakening. For instance, the Korea Tourism Organization has recently announced a position for a bilingual English and Korean editor that pays 11,538 Korean won ($10.46) per hour.

That is less than half the median hourly wage for editors in the United States. The position does not include a housing allowance, which is common for teaching positions in the country.

[READ MORE]