Friday, September 14, 2007

More Trouble for NOVA

Update 9/19: Foreign Teachers Dudded in Japan

After scattered reports of late paychecks last month, NOVA has apparently decided to extend these practices around the island for the month of September; many teachers were not paid on time, and have only to wait to see if the promised transfer will go through.

Japan Probe story

NOVA is on the decline. They already had to sell 170,000 new shares last month to cover expenses. I'm going to have to side with TPR's opinion on this one and come right out and say it: get out now. Find another job in Japan while you still can. 618 branch schools, with an average of two foreign teachers...? You do the math. Either way, it's enough to say a large group will be entering the job market en masse if this pattern continues.

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