The current market for private a level tuition
The global private tutoring market size is expected to reach USD 171.93 billion by 2028, exhibiting a CAGR of 8.3% during the forecast period. The market size stood at USD 92.59 billion in 2020. As you can only imagine, the growth has been seen in the wake of COVID as and where so many parents have hired in more tuition services. This is where they have needed extra support for their children through services such as homeschooling. After all, tuition is key for any child.
With the future job market becoming more competitive, especially in the graduate job sector, it feels as if children are under more pressure to perform. They need to achieve good results to improve their career prospects. This is whether it is for GCSEs or grammar school entrance exams. Those who can afford to pay for private tuition seem to have an advantage. The same too can be said also for the private a-level tuition market too.
What a tutor can expect to charge to their clients
Most tutors typically charge £27 an hour, with some even charging £45 per hour. These charges do depend on experience and skill level but it is up to the tutor on what they charge. Overall though you can almost say it is a bit of a free for all in terms of how they are able to go about their trade. There are good reasons too as to why someone would want to go into tutoring.
Why Is Private Tuition So Expensive?
Those in the private tuition sector say that it should be seen as an investment since it helps to boost grades and confidence. Plus people are willing to pay for the quality of education that improve grades. The rates are determined based on the number of qualities a private tutor has, which are:
- Skillset and qualifications
- Professional experience
- A plethora of online reviews
- Personality
- Availability
For new tutors, they would have to charge a low fee since they don’t have any professional experience in private tutoring and neither do they have a reputation. It is only when they establish themselves, develop a reputation and generate high demand, that’s when they can demand a higher fee. After all, people want a quality education that has been proven to deliver results.
The current levels of demand for tuition
While there is demand for private tuition, and it is on the rise, is it really because the parents want to see their children get good grades, or is it because the education sector isn’t doing enough? That latter question is a harsh one to ask since teachers are already putting in 60+ hours a week, according to a report in the BBC. The bottom line is, teachers are doing the best they can, and the fact that this younger generation will go into a job market that will be extremely competitive, the private tuition sector is here to stay.
Recent years have seen a boom in the demand for private tutors in the UK
According to a survey recently done, approximately 25% of young people have had a private tutor, this figure rises to 40% in London. The sector is continuing to grow as a result of an increasingly competitive job market which is compelling parents to invest more in their children’s education.
As demand for private tuition grows, an increasing number of teachers, unsatisfied with their salaries and working hours, are turning to private tuition. With hourly rates generally ranging from £15 – £35 outside of London, and up to £50 in the capital, tutoring jobs for ex teachers and others alike are a lucrative and stimulating profession.
Working to your own terms
Qualified teachers are not alone in seeking an interesting and flexible way to make an income. Artists often tutor alongside performance work in order to support their artistic pursuits. Many university students also take up tutoring alongside their studies to earn a bit of extra cash and jazz up their resumes. Private tuition offers the chance to control your own schedule and rates.
Online tuition
Online tuition is a growing trend in the tuition / education industry as it is simple to set up. Many tutors and students also prefer the convenience of this interactive and web-based learning style. By tutoring online you are casting a wider net for potential students, geographically speaking, and can work more flexibly as you are not tied to a particular location. There is no general consensus when it comes to whether to charge less for online tuition. According to a also recently done and undertaken, only 25% of tutors charge less. Online tuition eliminates travel time and cost, so you may wish to set a rate which rate reflects this. For sport and music tutors, remember that your subjects can also be taught online via webcam. With all of this, all you need is a computer.
Face-to-face classes as a means of tuition
Face-to-face tuition is tutoring in its most traditional form. Advocates of this format insist that the physical presence of a tutor cannot be substituted by a webcam. This is as tutors can pick up on non-verbal signals that a student isn’t engaged. The same too can be said if they haven’t understood. That being said, this format has its restrictions. Face-to-face tutors limit themselves geographically, have less flexibility, and face travel costs and time. Some tutors choose to charge their students for their travel whilst others prefer to encompass their commuting costs in their tutoring rates. Whatever you decide, ensure that you set your face-to-face tuition rates with commuting in mind.
Keeping up to date with the market as it is at present
To set your apart from the rest, what better that to stick an irresistible price tag on your tutoring services? It’s tempting to undercut the competition in order to attract as many students as possible, but setting a tutoring rate is not quite so simple. In reality, your hourly rate should be reasonable and affordable, without seeming cheap. Accordingly, your tutoring rate should fall within the same range as other rates on the market for your subject. When it comes to offering school support the market place can be fairly competitive.