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ISC provides a compensation package which includes (and is reported to
be quite adequate for the living circumstances in China) a monthly stipend,
insurance, retirement, airfare, language tutor, and housing. Please note that the cost of your outgoing expenses will not be covered by ISC's benefit's package.
Stipends
Stipend (because each school in the International
Schools of China network is registered in China and not in the US, neither
a W-2, nor a 1099 form is issued, therefore there is no withholding on
stipends.):
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7,300 RMB (approximately $1,015 US)
Single |
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12,775 RMB (app. $1,775 US)
Couples (one spouse works for ISC) |
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14,600 RMB (app. $2,030 US)
Couples (both spouses work for ISC) |
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1,600 RMB (app. $220 US) per child |
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Exchange rates subject to change.
For the current rate visit http://www.xe.com.
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Airfare
Round-trip airfare is provided for all teachers
and their families. The return portion can be used at the end of a Staff
Member's two-year contract for his/her home country return, or it can
be used for a trip home between his/her second and third year of teaching
with ISC should that Staff Member elect to sign another two-year contract.
Insurance
Medical, emergency medical evacuation and life
insurance is provided.
Retirement
Retirement benefits are provided to each ISC Staff
Member upon that Staff Member signing a renewal contract for a second,
two-year term at an ISC Member School.
Master's Degree
Teachers who stay with ISC for two years or longer
and return for another two year contract have the opportunity to earn
an all-expense-paid master’s degree through the ISC Indiana Wesleyan
University M.Ed. program.
Student Loan Payment Help
Student Loan Payment Help: Staff Members who sign
a renewable contract for a second, two-year term at an ISC Member School
will be eligible for monetary help in paying back student loans in-lieu
of participating in the ISC Retirement Plan.
Language Training
Language training is provided for two hours per
week.
Housing
Two and three bedroom apartments are provided
that include basic furnishings. In most cases, single teachers live with
other singles but have their own bedroom. However, in some circumstances
some singles occupy their own apartment.
Full-time Language Study
For those Staff Members who elect to remain with
ISC for more than four years, one year of full-time language study is
offered including a trip home during the Summer before the Staff Member
rejoins the teaching team for the following school year.
Home Leave Allowance
ISC staff who are on summer home leave between two-year contracts will receive a home leave allowance equal to one month's stipend. |