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Recruitment > Vietnam > Salary & Welfare      
Salaries
The general starting salary is USD 960 per month for the minimum of 80 hours teaching. An average teacher, however, teaches more than the basic minimum and therefore average salaries are usually in the region of USD 1,100.

Teachers with previous experience at Saxoncourt / Shane schools start on a higher rate, as are teachers with advanced qualifications, such as the DELTA or a PGCE.

So as to provide financial security for new teachers, for the first six months of the contract an ‘hour bank’ system operates like this:
 
Month 1
Month 2
Month 3
Hours worked
76
82
82
Hours paid
80
80
80
Hours bank
-4
+2
+2
Total hours bank
-4
-2
0

At the end of this 6-month ‘hour bank’ period any hours worked in excess of the monthly average will be paid as overtime, and any deficit hours will be forfeited by the company.

In subsequent contracts teachers will be paid for the actual hours worked, regardless of if they are more or less than 80

Deductions
Tax
At present teachers’ salaries are untaxed.

Insurance
Teachers may either arrange their own health insurance prior to departing for Vietnam, or be placed on the company insurance policy for the duration of their contract period. The current rate for this is USD 66 per month.


Visa
The cost of processing the teacher’s necessary paperwork (usually about USD 100) is inititally deducted from the teacher’s salary. However, this is then reimbursed at the end of the contract period.

Cost of living
The cost of living in Vietnam is staggeringly low, even in a metropolis such as Ho Chi Minh City. Travelling around the country, eating local food and drinking in local bars are all very affordable. A healthy and filling traditional meal, with a couple of beers, could cost as little as USD 2.

Furthermore, those teachers who develop a taste for Vietnamese draft lager (bia tuoi) can enjoy it for about seven British pence a glass! Of course, those teachers who prefer to indulge in a more western lifestyle (using taxis rather than motorcycle-taxis (xe oms) or renting one’s own motorbike or bicycle; eating in western-style restaurants etc.) can expect to spend a little more, but even the cost of these are remarkably low.

Accommodation
Accommodation in Ho Chi Minh City is still very reasonable, although levels of rent are steadily rising as more and more expatriates are lured to the city. Most teachers will initially stay in very reasonably priced guesthouses, which offer air-con, cable TV and breakfast for under USD 200 a month.

However, once they have made some acquaintances, they will usually share a house. A fully-furnished 4-bedroom house, with kitchen, living room, rooftop terrace, en-suite bathrooms etc should cost about USD 400-500 per month, split by however many tenants there are. Such accommodation is of a much higher standard than is available to teachers in most other countries in the region.


Welfare
Newly-arriving teachers will be met at the airport, offered advice on confusing matters such as Vietnamese money, helped to open a bank account, and given help finding both short and long-term housing.

Drinks with the staff
 
 
 
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