The numbers are in:
The Gyeonggi Provincial Office of Education (GPOE) has halved its 2014 budget for foreign English teachers to 12 billion won from 23 billion won this year. It will hire a total of 746 native English teachers next year from 1,207 this year.
The Seoul Metropolitan Office of Education (SMOE) and its district offices plan to hire 655 foreign teachers next year, compared with 682 this year.
-(source, Bahk Eun-Ji)
Big cuts to all but most undesirable locations to work in. I think the only major city that isn't cutting is Daegu. Is this good or bad?
I don't know if this is good for the students because the entire system is dog shit. In that sense, reducing the amount of dog shit in the system must be a good thing. I'm referring not just to the average NET, but also Korean teachers, particularly the more senior ones. Teachers routinely leave their classes unattended during meetings. There's no accountability since it's impossible to fire anyone unless they're caught fucking a tween, and even then they'd most likely just get moved to a school in a remote location like mine. The requirements to get the job (for both NETs and Koreans) are higher now but the tenured dead weight are still abusing their seniority and parasiting off students' futures.
From the foreigners perspective, such a massive cut may translate into more downward pressure on long-stagnant starting ESL wages in Seoul. Premium salaries for premium teachers won't be affected.
The common starting salary of 2 million + rent is too low in my estimation, but my opinion is irrelevant. For a jobless person who took on massive debt for a no-use degree from a no-name school, even 1.7 million + rent is better than being unemployed in the USA. The problem is that the salary is too low to attract qualified teachers, but too high to repel ineffective teachers. This problem could be easily solved by raising hiring standards. But a CELTA or even a BA in education is not required, reflecting Korea’s indifference to teacher quality. Instead, they want to get the best price per capita of white pussy, a position I can empathize with.
Private Sector ESL- Hagwons
Some veterans think that public school ESL jobs are a drop in a bucket and most positions are found in the private sector, therefore the budget cuts won’t do much.
For one, most hagwons have much faster and easier application processes for getting hired. They are mainly looking for the same things I am on a Saturday night: “Are you white?” and “Do you have a pussy?” Anything else is just garnish. Your job is to be a face. You can be a great teacher if you want, but you aren’t going to be rewarded for it. That’s most but the highest paying hagwon jobs.
Second- The ponzi scheme of Korean real estate practices and credit overleveraging is at a very dangerous peak. Recent government regulations has incentivized debit over credit card use in an attempt to lance the credit bubble before it gets any bigger. How long is it going to be before keeping up with the Kims just isn’t possible for the middle class anymore?
This is pretty much the same thing as how it seemed whenI got laid off last year, only now more data makes it more definitive.