Severance pay in teaching contract at Korean hagwon

2017-06-11T05:37:08+00:00By |Categories: Standard Contract Terms|Tags: , |

  Upon completion of the 12-month contract, all schools pay their teachers a bonus equal to one month's salary. This is usually paid along with the last month's salary. The school is not required to pay the bonus if the teacher terminates his or her contract prior to its completion for any reason, nor if