What with the new president's suggestion of scrapping the minimum wage and drastically increasing work-week hours, we can expect more low-ball slave job offers soon.
In three or four years we'll all be like "Remember back in the day when all the new ESL teachers were being paid 2.1 million? And for only 40 hours a week! Man, they just didn't know how good they had it!"
 

You know Koreans, bold suggestions, controversy, duck and retreat.  There will still be a minimum wage then but it will be lower than if the other guy had of won. 

Well, that is why they are paying too low.  I remember my friend and his Korean wife had one years ago.  They had no manager.  They just had a Korean teacher and a foreign teacher.  They even paid a little more due to being in a small town.  The Korean teacher wrote some stuff down.  The Korean wife did some consultations with parents once in a while.  But except for a monthly lesson plan for the parents, I don't recall them doing too much.  The Korean and the foreigner had to prep some slightly extra material for class.  But they were paid a bit above average for the time and made a decant pay.  Owner still had plenty of profits.  I never understood a manager, receptionist , nor all these other ad ons.  No wonder they can't pay the teachers what they are worth.  Take the money saved and beef up the salaries. 

Indeed. Most schools here are top-heavy. Sometimes there are more managers than actual teachers, its absurd. Because the Korean obsession with status.

My school downsized over the course of two years. They shed a director, 2 supervisors, a manager and a receptionist.

The school actually started to run better, because the teachers were able to just get on with it without interference from management.

I was amazed to realize that most workers simply do not need to be told what to do.

Indeed. Most schools here are top-heavy. Sometimes there are more managers than actual teachers, its absurd. Because the Korean obsession with status.

My school downsized over the course of two years. They shed a director, 2 supervisors, a manager and a receptionist.

The school actually started to run better, because the teachers were able to just get on with it without interference from management.

I was amazed to realize that most workers simply do not need to be told what to do.

That makes sense, plus the money they save they can pay you teachers better.  I never understood all the layers.  It just leads to micromanaging and needling.  It would be better for you to do the book and prep some of your own materials, maybe grade a test or two - Some slightly more work) if they are actually willing to pay you. 

I remember the Korean teachers at that time were at 1.6 million to 1.8 million and the foreign teachers were at 2.3 to 2.5 million due to being in the country (normally it would have been 2.1 to 2.3).  Minimum wage fulltime was under 800,000 a month (over 1.9 million in 2022), migrant factory workers made 1.4 to 1.5 million a month (now 2.7 to over 3 million), taxis drivers and unionized bus drivers were around 2 million and now over 3 million.  My friend had no management layer in his academy just a Korean teacher and a foreign English teacher.  His wife did some consultation and some of the paperwork stuff herself.  They were raking in the money and paying slightly above average at the time. 

I would have to assume Korean teachers now are over 2 million to be over minimum wage?  In 2008 in the countryside (different in Seoul), I was told the bare minimum acceptable salary was 1.5 million won for a guy to be able to get married.  So, a teacher in the 1.6 to 1.8 mil range would be okay.  A waygook like me at 1.9 my first year was over the moon.  Ha ha.  (Public use to start out lower than hakwons then and they hired level 3s through a recruiter or whome ever.)