Teach ESL Online! Flexible Hours! Stay at home! These are some of the phrases we often hear when we hear about people teaching ESL online for VIPKid. But, how much does VIPKid pay? Is this work from home job really something that will help me financially?
One of the first things that people ask when they are interested in working for VIPKid is, “How much does VIPKid pay?”. This is a difficult answer to make because it depends on many factors. The VIPKid pay structure is not complicated but there are a few things to understand in terms of how it is calculated. Continue reading for the nformation you need to be informed about the pay structure and how much money you can make working for VIPKid.
VIPKid Base Pay
You will hear a lot of terminologies related to the VIPKid pay, but the most important is the “base pay”. Your base pay is determined by VIPKid during the interview stage. Your base pay is determined by a rubric that gives you points for having qualifications, education, experience. You will also be given points for aspects of the interview that you did well on. The score on the rubric dictates your pay.
VIPKid advertises on their website:
Earn up to $22/hour plus referrals, incentives, and other opportunities.
In most material and online sites, you will see an advertised hourly rate of $18-$22/hour. This rate that you see include bonuses ( see below ) and assumes you are teaching 2 classes in an hour. Your base pay is a rate of pay / class. The hourly rate is with an understanding that you will teach 2 classes in 1 hour. Each class is 25 minutes long, so you can schedule 2 classes in 1 hour.
VIPKid has 2 bonuses that are available that will go on top of your base pay:
Participation Incentive: If you teach between 30-45 classes, you will make an extra $0.50/class. If you teach more than 45 classes in one month, you will get an extra $1/class.
Finished Classes Incentive: If you start and finish the class on time, you will get $1/class.
VIPKid Incentive Update (Jan 2020):
As of January 2020, the VIPKid incentive structure has changed for new applicants. If you completed your interview demo after Dec. 26th, 2019, then your contract will outline your bonus incentives differently than the old structure listed above.
Under the new system, it is a tiered system called “Finished Class Tier”. Essentially, the more classes you teach, the more incentives you get. Tiers are calculated on the 4th day of each month based on the number of classes finished by the end of the last day of the previous month. I will include the table below which outlines how the new structure will work:
Other VIPKid Pay Incentives
Referral Bonus: For every teacher that you refer and is successfully hired, you will receive $100 once they teach their first class. There are also referral milestones that will give you further incentives based on how many referrals you have successfully helped get hired within a quarter (3 month period).
Short Notice Incentive: By turning your slots into short notice, which you can learn about more about in my VIPKid Bootcamp Training Guide, you can earn an additional $2/class. This means that if a class is booked within a 24 hour window and you teach it, you will get an extra $2. This can amount to $4/hour if you do 2 in one hour.
Teaching English online for VIPKid can provide a nice income for you and an opportunity to stay at home and have flexible hours. We are not doing this for free, however, and we want to be paid as much as possible! Your VIPKid pay or salary is determined after your VIPKid interview and will be based off of your application, qualifications, experience and demo performance.
To maximise your chances of a high base rate, I suggest getting your TESOL certification before applying so that you can have that on your application. VIPKid does provide it for free, but this inexpensive course, that only takes a few hours, will also work for getting hired on at other online companies like Gogokid, and others.
Teachers are paid a base rate, and there are other opportunities to get bonuses and incentives from time to time that the company offers. To maximise your chances of the highest possible base rate, it is recommended that you do the Live Interview, (this video discusses it in more detail), as this is your only chance to discuss it with your interviewer after your demo. There are now 4 interview options, as of Nov. 2019, and my hiring course and training guide will go into these in more detail. Make sure that you send me an email with how to access them ([email protected]).
Sample VIPKid Pay
Let’s look at a sample VIPKid Pay. Please refer to the finished tier incentive chart to understand where the numbers are coming from.
My VIPKid Pay (Feb. 2019)
Let’s take a look at a screenshot of my pay from February 2019:
OK, let’s break this down.
Under Courses, you can see that I made $73.50 from Trial Classes & $1,560.25 from Major Courses, for a total of $1633.75. I taught 156 classes, so if you divide the total amount by the number of classes, you get $10.47 / class (without the bonuses). I taught all short notice classes this month!
Under Participation incentives, I received $1 for each class taught. I had no course deductions.
Under Other incentives, I received $15 for new student signups (3 students x $5 each), $1 / class for teaching more than 45 in 1 month and $100 for having 1 referral complete their first class.
It is important to remember that you are an independent contractor when you are working for VIPKId. That means that VIPKid pays you each month, but they do not withhold taxes nor do they provide you with any benefits. You are responsible for your own taxes. VIPKid will supply you with the necessary tax forms and they do report your income to the IRA. Ultimately, it is your responsibility to reserve a portion of your paycheck to make sure that you are not overwhelmed during tax time!
In general, VIPKid is one of the higher paid work from home jobs and there are lots of opportunities to make a good income with this company. Teachers are paid monthly, bi-monthly, or weekly and you have the option to be paid through direct deposit to your bank account or through paypal.
If you are interested in working for VIPKid, or at least starting the application, please apply here. Once your application is accepted, I will email you with a password to enter my protected referral only area of this website. Inside you will have access to my VIPKid Bootcamp Training Guide, Hiring Course & a link to my Zoom Trainings that you can sign up for in my facebook group.
If you have already applied but you have not used a referral teachers code, then you can simply add mine to your application under “My Account” in the top right corner of your portal (desktop version). Simply click “Add Referral Code” and type: TIM000003 (those are zeros), and we will be instantly connected! Make sure to send me an email ([email protected]) & I will send you the password to my VIPKid Hiring Bootcamp.
If you are already connected with a referral code, but you are not receiving support and help from that individual, you can reapply with my link under a new email address when you create an account.