It seems to me that many hagwons have raised their monthly tuition in the past few months, or will do so soon. English and all others too. This increase (ideally) shows up in the wages as well.
Yeah, I mentioned back in early 2022 that we had to raise our fees. Not being a hagwon, I can absorb inflation a bit better but will have to do it again sometime next year, unless I get a huge influx of new students (won't hold my breath). All the places around my area, that I know of, have already done the same.Just as an aside, one of my son-in-laws has a solid tiling business with a number of employees. He told me business, for the first time in 5 years was down in the home market...people aren't spending on renovations. He's not looking forward to 2023.