Number of Contract Days

Academic Calendar: The academic year for returning employees will not exceed 195 working days. Employees must attend orientation and training prior to the first day of school as scheduled by the employer.

Working Hours: Minimum employee work hours for a normal school day are from 08:00–16:00. However, on days when the employee is assigned to dorm duties and/or co-curricular activities, the working hours will be revised as instructed by the Academic Head or direct supervisor.

Pastoral Care: Employee is required to participate in tutoring, clubs, activities or sports at least 1 season out of 3. Employee is also required to participate in a dorm activity 1 time per month or attend 4 KISJ events per semester.

Starting Salary Range

All Current Teaching/Admin Contracts can be viewed at the following URL

https://drive.google.com/open?id=1p9CRyZR5uPKSGPLbttbtx6_fuCtz7haT

Taxes

The school pays income tax that is approximately 23% per annum.

Savings Potential

A teaching couple can save one salary, depending on their lifestyle.
A single teacher with no dependents could save 30% of their salary, depending on their lifestyle.
A single teacher with dependents could save 10% of their salary, depending on their lifestyle.

Accommodation

Most KIS Jeju faculty live in 1, 2 or 3-bedroom apartments in a 4-building complex nearby the school. Additionally, there are a limited number of apartments ranging from 1–3 bedrooms in our Middle School dorms, family and 1-bedroom apartments on the High School campus.

Dorm apartments: Utility costs covered by the school. All meals on campus for faculty and dependents.
Non-dorm apartments: Faculty is responsible for monthly maintenance and utility costs. Lunch for faculty and student dependents on campus.
1 Bedroom Apartment - Single
2 Bedroom Apartment – Couples / Couples with 1child
3 Bedroom Apartment - Teaching Couple with 2 or more children

Retirement

Employer will provide annual severance payment equivalent to 8.3% of the annual salary, collectable at the end of the final year of employment. Severance payment will go into a third-party investment account each year in accordance with South Korean law. The payment will be deposited into the account in KRW according to the exchange rate at the time. Prior to departing South Korea at the end of the final year of employment, the employee must fill out an application to transfer the accrued severance pay into a designated account. The payment will be transferred approximately 2 weeks after the final day of employment. The severance is only paid out for continuous employment of more than 365 days in accordance with South Korean law.
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Exceptions withstanding as cited below, employer will match mandatory employee monthly contributions (Approximately 4.5%) to the Korean National Pension Plan. According to South Korean law, all pension contributions are submitted directly to and held by the Korean government. Upon conclusion of employee’s time in the Republic of Korea (ROK), employee may apply directly to the Korean government to receive the entire pension amount. Employer will offer reasonable assistance to facilitate the application process. Employee may not draw upon pension funds while still residing in Korea.
Age requirements exist to qualify for pension: employees aged 60 or older do not qualify for the Korean National Pension. Additionally, not all countries have a pension agreement with ROK; employee will receive pension refunds from ROK based on the agreement of social security between employee’s country of origin. As these countries are subject to change, use this link http://english.nps.or.kr. for up-to-date information. Employer’s obligations with regard to pension issues during term of this contract are subject to current and possibly

Bonus

Contract completion bonus: A completion bonus of USD $3,000 is paid upon completion of the 3-year initial contract. Employees on contracts less than 3 years will not be eligible for the bonus.

Flights/Transport

Employer will provide employee, legal spouse and up to 2 legal dependents, economy-class air tickets for passage from prior agreed point of departure to Jeju. New employees must arrive prior to the first day of new staff orientation as reflected in the school academic calendar.

A flight stipend is provided between contractual years for employee, legal spouse and up to two dependents. Legal dependents that are sole Korean passport holders are ineligible {Zone 1: China and Japan: $500} {Zone 2: East Asia and India: $800} {Zone 3: North America, Europe, Australia and Africa: $1500} {Zone 4: South America: $1800}

Utilities

Employees in Non-Dorm housing will receive a professional stipend of USD $1,500 per year to off-set the cost of utilities. The stipend will be paid out in 2 installments of USD $750 in November and May.

Moving Allowance

Relocation / Shipping Allowance (International Hires Only)
Shipping Allowance
Relocation Allowance
<Teacher with non-teaching spouse
$500
KRW 1,200,000>>
<Teacher with non-teaching spouse and children
$800
KRW 2,000,000>>
<$1,000
KRW 2,300,000>>

Dependent Opportunities

Tuition is free for up to two children per full-time academic faculty. Parents must cover fees associated with uniforms and extracurricular activities.

Employer will provide employee with up to KRW 500,000 each month (except during summer vacation) to assist in defraying the cost of childcare for up to 2 legal dependents (aged 3–36 months). Both parents must be on E-7 visas and employed with KISJ under full-time contracts to receive the payment. Employer will not provide payment for employee with spouse who does not hold KISJ sponsored E-7 visas. The employee will choose a local nursery and the school will make payments to the nursery directly. Employer will not provide cash for private childcare. The employee will be responsible for any amount over KRW 500,000.

Medical

Medical Insurance: Employer will provide employee’s medical insurance plus dental and vision under the TIECare international medical plan, including accompanying legal dependents under the age of 18. The employee will pay an addition of approximately $250.00 per month for legal dependents over the age of 17. Premiums for spouse or dependents over the age of 17 will not be provided by KIS Jeju.

Medical - Full Coverage. $250 deductible per person per year. $750 deductible for family Dental - $1,000/yr $25 deductible per year.
Vision -$150 max. for eye exam/yr
$100 max. for corrective lenses/yr
(Dependent children under age 18 living with employee are covered)

Other

Island Stipend of USD $1,500 will be provided by the employer each year. The stipend will be paid in 2 installments of $750 in November and May. In the event the contact is terminated or the employee resigns, the stipend will be forfeited.