How much do Vipkid students pay?

The base pay rate is between $7-9 per class. Since classes are 25-minutes each, you can earn the equivalent of $14-18 per hour plus incentives (see next). From teaching more classes to referrals, there are lots of opportunities to earn extra.

How much are VIPKID classes for students?

Each session lasts 25 minutes and costs 130 yuan (US$18.90). More than half of the money goes to the pockets of overseas teachers, who can typically make US$3,000 to US$4,000 a month, equal to their monthly salary in North America.

Can I make $2000 a month with VIPKID?

Now, I teach much more regularly as it’s my sole source of income. I’ve gotten a raise and now I average around $21/hour. I shoot to earn between $1,500 and $2,000 each month. … As for the incentives, VIPKID has a referral program where teachers can earn a bonus per successful referral.

Is it easy to get hired at VIPKid?

I would not bother applying to VIPkid unless you are a certified ESL teacher. … A big reason why is a lot of actual certified ESL teachers with multiple years of experience work here and if you are someone with teaching experience and a random degree that got hired (like me) then it is very difficult to get booked.

THIS IS IMPORTANT:  Is CUNY York College a good school?

Is VIPKid in financial trouble?

After the Series E fundraising, the company is valued at $4.5 billion. However, the company has always had a profit problem. According to The Information, the company’s net loss reached 2.2 billion yuan ($31 million), although its revenue increased to 3 billion yuan ($43 million) by the first ten months of 2018.

Is working for VIPKID worth it?

You can teach while your child is sleeping and not have to pay for childcare. Just make sure there’s someone who can tend to your kid if they wake up since you won’t be able to leave in the middle of class. If you’re one of the many people stuck at home right now and in need of work, VIPKID is definitely worth it.

How much money can you make a month with VIPKID?

VIPKID can look just about however you want it to: You can turn it into a full-time job and work all hours of the night, earning $4,000 per month. Or you can do what I do and teach a few hours each morning, earning between around $150 and $700 per month depending on your schedule. Make it your own!

Which is better magic ears or VIPKID?

The base pay for VIPKid teachers is $14-$18 per hour. At the end of the 6-month contract, the company may increase the rate by $0.50 per 25-minute class. … Magic Ears has a higher pay ceiling and clearer incentive/promotion structure, so it wins here.

How many hours can you get with VIPKID?

Is there a maximum number of hours a teacher could teach? VIPKid sets no limit on how much a teacher can teach – you have 100% control over your schedule. However, non-peak times may not be as popular amongst our students as they are not available for classes (they are likely in school or asleep).

THIS IS IMPORTANT:  Can I claim my 24 year old college student as a dependent?

How often do you get paid with VIPKID?

When and how will teachers be paid? Teachers are paid through direct bank deposits between the 10th and 15th of each month.

How do I get the most money from VIPKID?

3 Steps to Increase Your VIPKID Pay

  1. Open More Slots. No, this isn’t some sarcastic way to earn more money (though you will by teaching more, of course.) …
  2. Get a Regular Schedule Going. Start to cut back your lessons. …
  3. Fill in Spaces with 24-Hour Bookings.
Easy student life