GOE Benefits
The following are benefits offered to each teacher placed in the GOE program. Some benefits such as the Entrance Allowance and Settlement Allowance are only available to 1st year teachers. Please inquire with your recruiter as to which benefits you will be eligible for.
Free Single Furnished Housing
GOE Teachers are entitled to rent-free single housing furnished with basic furniture and appliances. If your school cannot provide housing, they will provide a housing stipend of 400,000 KRW a month. Key money however will not be provided.
Entrance Allowance
GOE provides reimbursement for the cost of your plane ticket to Korea in the form of the Entrance Allowance. The 1,300,000 KRW entrance allowance is given in your first month after you have arrived in Korea.
Settlement Allowance
Worried about how much it will cost to settle down in your new housing? Don’t worry, GOE has you covered. GOE provides a one-time 300,000 KRW Settlement Allowance to help you buy things like supplies and other furnishings for your apartment. Please note that the settlement is only for new teachers. Teachers that are renewing at the same school are not eligible for the Settlement Allowance.
Renewal Allowance
For those that wish to teach for another year at the same school will receive a Renewal Allowance of 2,000,000 KRW (700,000 won received immediately, remaining 1,300,000 received after completing renewal contract). This benefit only applies to those that continue at the same school. Those transferring to another school within the GOE program are not eligible.
Severance Payment
Anytime you complete a 1-year contract you are entitled to an additional full month of extra salary pay as a bonus for completing a contract. The amount is cumulative depending on how many contracts you complete while in Korea, and will be paid to you upon your exit of Korea.
Paid Vacation
GOE teachers are entitled to 26 days of paid vacation per contract (weekends are excluded). Generally, vacation is allowed to be taken during the summer in August and in the Winter in January when the students are on break.
Sick Days
GOE Teachers are allowed to take up to 11 sick-days. Missing consecutive days will require a doctor’s note. Sick days are not able to be “rolled-over” to a renewing contract.
Medical Insurance
In accordance with the National Medical Insurance Act, your employer will pay fifty-percent of your medical insurance premiums each month, with the remaining being automatically deducted from your paycheck. Provided medical insurance is full-coverage and include health, vision, & dental. Teachers do not have to worry about enrolling, as they are automatically enrolled upon the start of their teaching contract.
GOE Orientation
Newly arriving GOE teachers will get to attend a short orientations session to educate them about policies, teaching in the Korean classroom, and the province.