Costs between £1000 and £2000 per month to rent in HKhttps://www.airbnb.co.uk/s/hong-kong?checkin=01-07-2016&checkout=31-07-2016&guests=&source=bb&ss_id=5jui7bln&s_tag=8JQdsnl0
Yet, the unemployed impoverished millenials will keep voting for Obama or an Obama clone. They'll keep drinking the poison kool aid while going against their own interests.
Some teachers earn more like one in Angola on around $70k plus free accommodation.
I stopped at the Casa dos Frescos, a grocery store favored by expatriates, to buy some Scotch for my hosts, but a fifth of the Balvenie cost three hundred dollars, so I settled for a mediocre bottle of wine, for sixty-five. The woman in front of me, juggling an infant and a cell phone, unloaded her groceries on the checkout counter. She had a couple of steaks, a few pantry items, and two seventeen-dollar pints of Häagen-Dazs ice cream, along with juice and vegetables. The bill was eleven hundred and fifty dollars.
Quote from: Mr.DeMartino on Yesterday at 01:40:32 Trump is a liar and a con man.
Quote from Mr.DeMartino on June 14, 2019 at 02:28:07 Donald Trump is a lying sack of shit
Quote from: JNM on June 22, 2016, 05:15:12 pmQuote Wages are not always linked to supply and demand. E.g. teaching job wages in Korea for Korean teachers are comparatively high, though there is always a glut of people, mostly women, wanting to be public school teachers. The idea is that the salary is high to make teaching a higher status job and to attract a higher calibre of employee. The same is true about the Hong Kong NET schemeThat is the very definition of supply and demand.Don't like the quality of applicants? Raise wages.So if wages are low, like for NETS in Korea, it's due to supply and demand and when wages are high, like for Hong Kong NETs, it's also due to supply and demand. So when is the level of wage not due to supply and demand?
Quote Wages are not always linked to supply and demand. E.g. teaching job wages in Korea for Korean teachers are comparatively high, though there is always a glut of people, mostly women, wanting to be public school teachers. The idea is that the salary is high to make teaching a higher status job and to attract a higher calibre of employee. The same is true about the Hong Kong NET schemeThat is the very definition of supply and demand.Don't like the quality of applicants? Raise wages.
Wages are not always linked to supply and demand. E.g. teaching job wages in Korea for Korean teachers are comparatively high, though there is always a glut of people, mostly women, wanting to be public school teachers. The idea is that the salary is high to make teaching a higher status job and to attract a higher calibre of employee. The same is true about the Hong Kong NET scheme
QuoteHong Kong requires a teaching license which a significantly fewer proportion of ESL teachers have, and if you have a teaching license you also have the option of teaching at int'l schools. Hence the high salary.Not true, you can get on the Hong Kong NET scheme with just a CELTA - on a lower scale but still much higher than Korea.
Hong Kong requires a teaching license which a significantly fewer proportion of ESL teachers have, and if you have a teaching license you also have the option of teaching at int'l schools. Hence the high salary.
Quote from: eggieguffer on June 22, 2016, 06:26:52 pmQuote from: JNM on June 22, 2016, 05:15:12 pmQuote Wages are not always linked to supply and demand. E.g. teaching job wages in Korea for Korean teachers are comparatively high, though there is always a glut of people, mostly women, wanting to be public school teachers. The idea is that the salary is high to make teaching a higher status job and to attract a higher calibre of employee. The same is true about the Hong Kong NET schemeThat is the very definition of supply and demand.Don't like the quality of applicants? Raise wages.So if wages are low, like for NETS in Korea, it's due to supply and demand and when wages are high, like for Hong Kong NETs, it's also due to supply and demand. So when is the level of wage not due to supply and demand?Never.Korea pays low, and gets "good enough".HK wants more experience/credentials so they have to offer more to ensure that there are enough applicants.
Quote from: asiaman on June 22, 2016, 05:36:14 pmCosts between £1000 and £2000 per month to rent in HKhttps://www.airbnb.co.uk/s/hong-kong?checkin=01-07-2016&checkout=31-07-2016&guests=&source=bb&ss_id=5jui7bln&s_tag=8JQdsnl0As I said before they get a housing allowance. I lived in a pretty nice two bed flat while I was there, which I could have paid for easily out of the NET scheme allowance had I been a NET.
Korean wages are low because as mentioned they just hire anyone with a dodgy tesol and a degree. Hong Kong not only requires a teachers licence as YFB said, but job supply does still exceed demand. So they get to pick the best teachers out of the bunch. That's why their English education is at a level so far above Korea's we can't compare the two. It's like trying to compare a modern 1st world country to a 3rd world country. Korea in general doesn't really understand quality vs quantity, or just quality vs profit. They are starting to understand quality a bit better these days with more people going overseas but in general the look of something is often more important than substance. As far as they are concerned an English speaking 22 year old playing ppt games is as good as a 30 year old qualified teacher with 7 years experience in their home country. I'm sure as the English program in Korea contracts due to government policies, the high quality schools will look for certified teachers but of course they will have to pay real teachers wages. I don't know many certified teachers who would put up with "Korean culture" just to be paid less or the same as back home.Most certified teachers that are here are here for a reason, family, taking a 1 year break, or something like that.
Quote from: weigookin74 on June 22, 2016, 02:18:00 pmYet, the unemployed impoverished millenials will keep voting for Obama or an Obama clone. They'll keep drinking the poison kool aid while going against their own interests. Voting against their own interests? Why would they vote for a racist GOP that blatantly only cares about the megarich and a small number of fetishistic gun owners? You can't make the argument that a GOP Congress or Presidency would automatically mean a better economy anymore, like you could in the 80's or 90's. People know that trickle-down economics is a scam, and that Republicans don't actually care about deficits or people who actually work for a living. Their platform is literally that low-wage workers should be paid even less, while taxes should be cut even more than they already are on the megarich. Why would anyone vote to give themselves less money?And yes this is why Trump has done so well, because he's the first Republican since about the 1940's to say publicly that he gives half a crap about the working class, but he sure as hell doesn't know what to do about jobs other than bloviate about "deals," and he's a huge racist so a lot of people will have a yuuuuge problem voting for him even if he ever gets his campaign back on course.Quote from: asiaman on June 22, 2016, 02:08:12 pmSome teachers earn more like one in Angola on around $70k plus free accommodation. Good luck making that last!!!Quote I stopped at the Casa dos Frescos, a grocery store favored by expatriates, to buy some Scotch for my hosts, but a fifth of the Balvenie cost three hundred dollars, so I settled for a mediocre bottle of wine, for sixty-five. The woman in front of me, juggling an infant and a cell phone, unloaded her groceries on the checkout counter. She had a couple of steaks, a few pantry items, and two seventeen-dollar pints of Häagen-Dazs ice cream, along with juice and vegetables. The bill was eleven hundred and fifty dollars. http://www.newyorker.com/magazine/2015/06/01/extreme-city-specter
Quote from: eggieguffer on June 22, 2016, 06:40:56 pmQuote from: asiaman on June 22, 2016, 05:36:14 pmCosts between £1000 and £2000 per month to rent in HKhttps://www.airbnb.co.uk/s/hong-kong?checkin=01-07-2016&checkout=31-07-2016&guests=&source=bb&ss_id=5jui7bln&s_tag=8JQdsnl0As I said before they get a housing allowance. I lived in a pretty nice two bed flat while I was there, which I could have paid for easily out of the NET scheme allowance had I been a NET.Wow, you have lived everywhere. No wonder you are so knowledgeable. Was this before or after you lived in North Korea?"Housing allowance" is basically part of your salary, so it's pointless to mention it.Before I posted that the cost of living is higher in Hong Kong I did some research. And it is. Housing, as a category, is significantly more expensive than any other category, but all other categories are more expensive, giving an average of about 56% more expensive.After I posted, I saw this:http://www.bbc.com/news/business-36587681tl;dr"Hong Kong is the world's most expensive city for expats, leapfrogging Angolan capital Luanda in the annual chart compiled by consultancy firm Mercer....Zurich and Singapore were third and fourth on the list, unchanged from a year ago. Tokyo rose to fifth."Seoul isn't even in the top ten.
Quote from: JNM on June 22, 2016, 05:15:12 pmQuote Wages are not always linked to supply and demand. E.g. teaching job wages in Korea for Korean teachers are comparatively high, though there is always a glut of people, mostly women, wanting to be public school teachers. The idea is that the salary is high to make teaching a higher status job and to attract a higher calibre of employee. The same is true about the Hong Kong NET schemeThat is the very definition of supply and demand.Don't like the quality of applicants? Raise wages.It's called a strong union. In Canada teachers unions are strong and they can push the wages up even if the supply would normally pull them down. There are things that artifically interfere with normal supply and demand. Unions are less strong here, but teachers associations have some political pull and clout. In California and some states too, but other states not so much. The high wages ensures there is a high glut of people wanting to be teachers.
Rent in much of the US is getting ridiculous while wages are going down especially for workers under 40. Entry-level jobs pay beans and are usually part-time, and that's if you're lucky enough to avoid getting stuck in indentured servitude an unpaid internship. And after making hardly any monry you have to pay like $500 to $1000 for the pleasure of living in someone's closet. 2.1m hagwon jobs will continue to be a better choice until things change. 10 years ago kids in the US were making similar wages as now but rent was like $350 to $600 for a room and $600 to $1300 for your own 1br, even somewhere like San Francisco. Wages in South Korea might be the same but at least rent is still ZERO for most teachers. As a former San Francisco resident this is huge to me.
Quote from: weigookin74 on June 23, 2016, 12:26:06 pmQuote from: JNM on June 22, 2016, 05:15:12 pmQuote Wages are not always linked to supply and demand. E.g. teaching job wages in Korea for Korean teachers are comparatively high, though there is always a glut of people, mostly women, wanting to be public school teachers. The idea is that the salary is high to make teaching a higher status job and to attract a higher calibre of employee. The same is true about the Hong Kong NET schemeThat is the very definition of supply and demand.Don't like the quality of applicants? Raise wages.It's called a strong union. In Canada teachers unions are strong and they can push the wages up even if the supply would normally pull them down. There are things that artifically interfere with normal supply and demand. Unions are less strong here, but teachers associations have some political pull and clout. In California and some states too, but other states not so much. The high wages ensures there is a high glut of people wanting to be teachers. Yes. Unions and government policy tinker with the "ideal" supply demand curve.Unions (not individual workers) own the supply, and Governements own the demand. Workers are just that meaty thing in the middle.
Now maybe a lot of stupid people are going to keep voting for the continuation of the same policies, that's their choice. Maybe when they're 45 and sick of living in their parents basement they'll wisen up. But it might be too late by then. The economy may be so slumped for so long there may be no coming back.
Why don't you all become American doctors?