Let's Japan.org Debunking Eikaiwa and Ramblings in Japan

Don't care, don't care. Give me my money! After that Saruhashi can suck a d*ck for all I care.

That covers 280 teachers pay/month. It's probably Anders San's severance pay. Plus it only dilutes each stock's value even more! http://quote.yahoo.co.jp/q?d=t&s=4655

It's like giving C.P.R. and f**king at the same time. Why not keep a good thing going before it dies. Lots of money to be made on the stock market! Especially if it's cheap, less risk too!

Thank you.

In US$ dollars is about what he owes us! Not to mention others, students, rent, yakuza's, etc....

Not executed, just purchased for 70,000,000yen
Purchaser now has the option to execute the warrants to a maximum of 200,000,000 shares at 35yen per share - which could potentially net nova 7,000,000,000 yen - hmmm beleive it when it happens.

Just curious, how many of you teachers will return to work if you get paid? I hope nobody. In a way i am kind of worried about a paycheque coming. Obviously i want everyone to get the money that is owed but i just fear that maybe enough teachers will go back to keep things going for another month, giving the monkey an excuse to delay that bankruptcy announcement just a little longer. I dont want to work for this company anymore but if i officially quit i cant get u.i for 3 months. my visa will be up before then. The sooner the end comes the better. Just my opinion.

That song is sweet.

Keep em' coming.

Please.

I applied for a part-time job and got accepted. It starts next week if I accept.

I am officially on paid holiday at Nova, and know the end is coming. What I want to know is: If I work this part-time job, does it disquailfy me for unemployment insurance eligibility? The part-time job is only two lessons a week, clearly not better than what unemployment insurance would get me. I need to let the part-time job company know by tomorrow. Help!

"ALMOST" Everyone in Japan works "part time" for some extra ¥¥¥¥¥ and don't declare it! By law you are allowed ¥200,000 of non declared extra income!

I just want to encourage all Nova teachers and to go and get their own advice from Hellowork and the Labour Standards Office. I know a lot of the information posted here is accurate and most people are trying to help but there also seems to be a lot of Chinese whispers going on too. I have gone to both Hellowork and the Labour Standards Office and now I have a good idea about what's going to happen regarding salaries when the inevitable bankruptcy occurs and the situation regarding unemplyoment insurance.

Nova will be classified as a large company and the government's salary support scheme only applies to small and medium companies that go bankrupt so there will be no help there. Teachers and staff will be in the position of creditors and final salary payment will be dependent on the bankruptcy and liquidation process.

As for eligibility for unemployment insurance, all full time teachers (A34 and over) who have worked for more than 6 months and worked at least 11 days per month, will be eligible for some unemployment insurance payment. The size of the monthly payment will depend on the circumstances of each individual, contract type, years of service, etc, Furthermore, the failure to pay salaries on time for the last 2 months is sufficient grounds to resign from Nova and obtain immediate unemplyoment insurance, you will not be required to wait three months to become eligible. It's not necessary to wait for bankruptcy to be free of Nova and be eligible for unemployment insurance. The only thing to keep in mind is if Nova goes bankrupt and you are currently employed by them, they will also be liable to pay you an extra month's salary for breaching the employment contract which requires 30 days notice before contract termination, of course, whether the funds will be available for this payment is probably unlikely.

However, don't take my word for all of this information. Go and get the information for yourself. If you can't speak Japanese don't worry because most offices will have an English speaker present at least once or twice a week or get a Japanese friend to go with you.
It's definitely worth your time and effort so you can know where you stand and what your next move should be. Good Luck!

All employees have been paying into the government insurance fund. Take a look on any of your payslips. In the "deductions" section, top row, far right box where it says "E.Ins".

So if Nova goes belly up and you've been there for over six months, then you're safe.

What about if you resigned from Nova and you are not living in Japan.I moved back to the UK. Can i still claim if Nova goes under? I am still waiting to get paid from Nova for SEPT for my vacation pay..a full month. What can I do?
thanks

Unemployment is not eligible for people living outside of Japan. You can try to get your unpaid wages, but it's a somewhat complicated and lengthy procedure.

Part-time teachers are screwed. Since they don't pay into the unemployment insurance, they are obviously not eligible for it.

Full-time employees have to wait until the company falls before they can receive immediate benefits.

"Nova will be classified as a large company and the government's salary support scheme only applies to small and medium companies that go bankrupt so there will be no help there."

Get your facts straight. This is totally incorrect. Posting garbage like this only makes people's lives more difficult.

The size of the company only matters in one situation. That is smaller companies are covered if they are bankrupt in reality but do not legally declare bankryuptcy. Any company is covered as long as they legally declare bankruptcy. Hello Work do not make these decisions. If they tell you otherwise it is because they don't know what they are talking about. I had to correct them on several points when I went in the other day and after clarifying them with their managers agreed that they were wrong.

1. Western tradition: The Captain goes down with his ship, or at least if not everyone else is already safely off.

2. Japanese tradition: Gut cut for a samurai or maybe a daimyo. Didn't you fancy yourself something like that, Monkey Man??

3. Or were you just a demented, cowardly oppressive bully & fool, like your buddy, the Werewolf?

You can work up to 20hrs/week and make 2 bucks or a million, doesn't matter, you just can't work more than 20hrs/wk in order to be eligible for UI. I have had to lengthy interviews with the Labour Standards Bureau with an amazing translator present. So, part-time away!