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The ESL (English as a Second Language) business in Korea is a billion dollar industry.
Your role in Korea would be as a conversational English teacher to Korean kids (mostly). You don't need a teaching degree or any type of TEFL/CELTA certificate in order to find a position. They are however useful if you don't have any prior teaching experience

Teaching English in Korea can be an excellent alternative to the traditional post-graduate employment path. Teaching is an amazing opportunity to make a difference in the lives of others, while experiencing the rich culture of the Eastern world.
Usually the classroom setting involves you and 6-15 students for institute jobs, and up to 40 students for public school jobs. Your job is to help the students with their conversational English. Most schools have Korean teachers, who will work with the students on their grammar.

If you haven't taught before, don't worry too much about this part of your job. It takes all teachers a while to get used to teaching and managing classrooms when they first begin. And you¡¯ll have your boss and other Koreans teachers at the school to support you at the start.
Students Kindergarten, Elementary, Middle and High School and Adults
Class size 1-15 in a private language institute and up to 40 in public schools and Universities
Working hours 20-30 hours per week (usually Mon-Friday and maximum 30hrs)
Contract Period 1 year (sometimes on rare occasions 6 months)
Salary 2,000,000 won ~ 3,000,000 won (Based on experience and type of position.)
Holiday 10-14 days plus all national holidays (some schools will offer more)
Accommodation Fully furnished private apartment or house
Healthcare Non-obligatory usually the cost is divided between you and your school. If you have private insurance of your own, then this may be unnecessary. Otherwise, this is very necessary and covers nearly every medical eventuality including drugs, hospitalization, preventive care, surgery, diagnosis, test, medical materials and treatments Employer and Employee each pay 50 percent of the costs for Medical insurance.
TAX Income tax 3 - 5£¥ Depending on how much you earn every month (a teacher earning 2.0 million Korean won would be charged around 3£¥ income tax)
Return Airfare Typically this is decided by the school. They will either provide it upfront or reimburse upon arrival. Reimbursement is what 90£¥ of schools have trended towards recently.
Severance Payment After the employee completes their 1 year contract he/she will get a severance payment of 1 month's salary.
Education Bachelors Degree from an accredited university
Citizenship Must have citizenship from a country whose native language is English (Canada, USA, Australia, New Zealand, England, Scotland, Ireland, South Africa)
Criminal Check All applicants need to show a criminal record check
Health Must be fit to perform all required duties