Please don’t buy into that rhetoric. While we do better on the surface, there is a lot you don’t add into the equation. as most foreign teachers here work for buxibans, they get the crappy Chinese New Year bonus, and that is if you are lucky. It isn’t a surprise (well, at least when the economy was ok) for a local to get 1 1/2, 2, or even 3 months salary as a bonus. What do buxibans give? 10,000NT? Also, locals can buy into a pension plan where employers basically pay you 6% more each month than your stated salary.
I am sure the deeper you dig financially, you will find even more bonuses (depends on industry), free trips (I know my in-laws pay for their employees to take a trip, last year was Thailand) and other benefits.
We do ok, but it isn’t anywhere as close to above and beyond local compensation as many want you to believe.[/quote]
Let’s use a simple example. Say you make 60k pretax a month for 20 hours a week of work and there are an even 4 weeks in the month. That comes out to 750 NT an hour. Since you didn’t object to XinBiDe’s information on local teachers, we’ll use that. Local teachers make half of what your 60k pretax, but are required to work 40 hours a week. That means for them to make 30k pretax but working 160 hours a month (40 hours/week @ 4 weeks) they are making 187.5 NT per hour.
In one year of 12 months (to keep the math simple) you’ve made 720,000 NT. In one year they made 360,000 NT. Assuming they get 1, 1.5, 2, or 3 months salary as a bonus, they would net: 30k, 45k, 60k or 90k. That still brings them anywhere from 390k (pretax) at the lowest to 450k (pretax) at the highest. If they got an extra 6% in a pension fund, then they would get about 20k NT a year into their pension fund courtesy of their employer. Even with a 3 months bonus and the pension fund, you’d still be taking nearly 250k NT pretax more than them (720k vs 470k).
You can’t compare across industries because they have different pay scales and benefits packages. You need to compare within industries for it to be relevant. You should also compare with what kind of work is available for Westerners to do. Compare a teacher with a teacher, not a teacher with “some field” that gives even more bonuses for the Taiwanese workers. That’s disingenuous. If I were to compare what an English teacher makes with a Taiwanese CEO that wouldn’t give a very clear indication of the situation. You need to use the closest available substitutes to see what the differences in pay and hours are.
I think you’ll find that the local compensation is pretty abysmal lately and that average college grad would be happy to make 25k NT a month. At 160 hours of work a month that ocmes out to be 156.25 NT per hour pretax. You complain about only making 600 NT?[/quote]
Sorry to blow up your whole argument, but actualy Taiwanese teachers do not teach in buxibans. The teach in schools, and are well compensated. Also, comparing a local buxiban teacher to a foreign buxiban teacher is apples and oranges.
The simple fact is, buxibans have foreigners because that is what the parents want. Buxibans have locals to keep the operation expense down.
Also, most locals exist entirely in this economy, while most foreigners have to deal with exchange rates.
Do you know why kindy pay for foreigners averages 600NT/hour? It is the lowest possible pay the school can offer without driving all the foreigners out of the country.