General
How to calculate your teaching income?
After you understand ClassZroom's salary payment process, collection methods, you must also understand how teaching income is calculated:
- Total course income
- Administrative fee (Platform service fee+Fixed fee)
- Discount code offered
Total course income
You can adjust the price of the class by sending us a Request of Change, you can adjust the price every 3 months.
You will received a confirm Email if the pricing plan are updated.
*Please notify existing students about tuition fee changes
Administrative fee (Administrative fee= Platform Service fee+ Fixed fee)
Our program allows parents to pay for each lesson. Of course, if parents and tutors have agreed on the date and time of more than one class, parents can also pay and make reservations for subsequent classes, all of which are paid in the form of one-time payment and one-time reservation, allowing parents to make arrangements more flexible. We will deduct administrative fees (which will be adjusted according to market prices) once students purchase your classes.
Administration fee:15%-20% [Fixed fee: 8% + Service fee: 7% (which will be adjusted according to market prices)]
We will charge an administrative fee (which will be adjusted according to market prices) from teachers' income.
8% Fixed Fee
The course fees purchased by the students are deposited on the third-party cash flow platform. The third-party cash flow will collect the procedures when the teacher completes the course and withdraws it fee.
Platform Service fee
Variable depends on individual tutor.
Discount code offer
We offer discount for the promotional purposes, teachers must followed the intructions and provide relevant discount.
Teachers can also apply the discount code for promotional purposes.
Teachers in Hong Kong
Before the 15th of each month, it will be processed by bank Transfer or FPS.
How to calculate your earnings while you teach on ClassZroom?
Updated 10.12.2020
When you get started teaching on ClassZroom, you will be concerned about how we calculate your earnings.
You must record your attendance to check your earnings.
Check your attandance
If you find that the earnings do not match your records, you can request the Attandance form to double-check your attendance.
Steps to get paid for Hong Kong Teachers：
Transfer payment process:
Zenith Services Ltd. (on behalf of ClassZroom) transfer your income into your account.
*Due to account setup procedures, the first payment may be delayed
How do I withdraw my earnings?
for Teachers in Hong Kong
After you set up the payment method (Support Bank transfer or FPS), you can now withdraw your earnings.
We sum up tutors' earnings every month. Yourearnings will be transfered to you through bank transfer of FPS.
(Overseas Teachers) How do I apply for withdrawal my earnings?
After setting up the collection method, you can apply for withdrawal of your salary. Please also note the following:
1. ClassZroom will settle the teacher's last month's teaching earnings on the 25th of each month.
2. ClassZroom will cut-off the application on the 5th of each month. If you apply for a withdrawal before the 25th, you will receive the remittance before the 15th of the month; if you apply for a withdrawal after the 6th, ClassZroom will postpone the processing of your withdrawal application for one month.
3. For Overseas Teachers, You can submit your withdraw form every month, every 2 months or once every 3 months, we will process your withdrawal application once we receive your application so as to save the allocation fee .
When we received your withdrawal requests on 5th of the month, and transfer the payment by the 15th. If you send the request on 6th, we will process the withdrawal request on the next month.
For Overseas Teachers
Choose Wise _ to withdraw your earnings. Updated 10.12.2020
You can submit your withdraw form every month, every 2 months or once every 3 months, so as to save the allocation fee.
How to calculate your actual income while you teach on ClassZroom?
Updated 10.12.2020
When you get started teaching on ClassZroom, you will be concerned about how we calculate your salary.
Check your earnings
You can apply a Earnings Report (Overseas Teachers only) via email to check your earnings.
Withdrawal process:
1. Please go to earnings withdrawal form
Taxes for teachers in the US: Will I receive a 1099?
Updated over a week ago
Taxes for teachers in the US: Will I receive a 1099?
Updated over a week ago
We will not issue 1099-MISC forms to teachers. IRS rules state that an employer is not required to provide a 1099-MISC form when payment for services rendered is made through a third party payment network.
How to use Wise to receive payment?
Updated 10.12.2020 If you do not have Wise Account, please click here.
Wise is an international wire transfer company, which has served more than 4 million customers since 2010. Wise adopts mid-market rate on currency conversion, so the price is relatively reasonable.
ClassZroom decide to adopt Wise as our payment method. We adopt the function of "Transfers to an email address". What you need to do is to select your preferred currency, provide your full name email address, then you can get paid via Wise.
Please note - You cannot receive BDT, COP, CNY, INR, UAH, USD to a bank account outside the US via "Transfers to an email address".
How to receive USD to bank account outside the US via Wise?
Flow of "Transfers to an email address":
1. After your submit a withdrawal request, you will receive a confirmation email from Wise on 12th to 14th every month. The email includes the amount of the payroll and your selected currency.
2. There is a link redirecting you to enter your bank account details.
Please note that the payee's name should be identical to the bank account holders to receive payment.
3. After you submit your bank account information, you will receive another email with the expected date of transfer.
4. If you are a Wise user, Wise will transfer the payment to your primary bank account set in the Wise account.
If I want to get payment via Wise , but I cannot find my currency, what should I do? Updated 10.12.2020
Wise covers 59 countries and support 48 currencies. If you cannot find your currency, We suggest selecting USD as your preferred currency, and you must have a USD bank account in your country.
Can't find your currency, how do I get paid with Wise ?
Wise temporarily supports 59 countries and 48 currencies.
If you cannot find your currency, we recommend choosing USD as the payment currency, and you must hold a US dollar account in your country to receive payment.
How to receive USD to bank account outside the US via Wise?
If you do not have Wise Account, please click here .
Updated 10.12.2020
If you would like to receive USD, you need to apply for Wise user account and activate a virtual USD bank account.
The flow of opening a virtual bank account in Wise: How to receive USD to bank account outside the US via Wise?