So… seeing that Lotus Blossom’s thread has been inundated, I thought I’d start another one here, but not about English teaching. I’ll be discussing REGULAR WORK with all you folks out there that have a “regular job.”
What I’m doing now (editor of English) is most definitely appallingly low pay compared to an English teacher. In fact, I appreciate English teaching so much more now. Over here, I have to come into the office early in the morning (09:30) and I leave at 18:00… and my 30-minute lunch break is unpaid work time. That means, if I want to eat lunch, I have to work 42.5 hrs per week, 5 days a week. For most of my co-workers, they come in for 7.5 hrs a day, 6 days a week… and our pay is mostly around the $40,000/month mark.
Sure, that’s enough to survive upon if you plan to rent your living quarters and eat from roadside stalls for 15 years until you finally have enough of a “nest egg” for some investment purposes. Let’s say $40,000 salary MINUS $15,000 rent in Taipei City/County (incl. utilities, etc.) MINUS $5,000 food MINUS $5,000 other life expenses… you are left with a grand total of $15,000. That’s a grand $500 USD, which allows you to buy a little more than ONE share of GOOG, not including commission, per month. Whoop-de-doo.
One of my co-workers plans to move to Canada with his wife in a few years’ time, and I asked him if he’s saving for a home in Canada. Nope, he ain’t, because that’s impossible on his wages (not sure if his wife works, to be honest). But let’s say she does… then maybe they could save $20,000 per month.
People say that what matters is the difference between your income and outgo, not the absolute, and I agree, because of course the difference is what turns into absolute savings/investment… but c’mon, how can people live on this?!
For myself, I supplement this “income” with teaching every night of the week and work on weekends. Yeah, so basically, I’m little better than a slave.
How about you folks?