Online teacher recruitment is a complex challenge that keeps many online education executives awake at night.
Whether you have a challenge with retaining teachers, or struggle to build a sustainable candidate pipeline, not having enough great teachers adds a lot of pressure to delivering a consistently high level of service to your students.
Not to mention the ever-growing recruitment costs…
The Really Great Teacher Company's TMaaS (Teacher Management and Development as a Service) product takes care of these recruitment challenges and many more.
We don't only recruit teachers on behalf of your business, but contract, manage, train and develop them, too!
The Recruitment Cost Benefit of TMaaS
TMaaS removes the need for our clients to incur any upfront monthly recruitment expenses.
At the end of a month, we charge a simple all-inclusive hourly fee multiplied by the lessons taught by our teachers. This fee includes the teacher's pay, all recruitment, operational management, training, finance and payroll costs.
Not only does this mean you now only pay your full teacher costs after lessons have been taught to your students, but you will most likely also pay less overall.
The education industry has accepted hefty upfront recruitment costs as the norm, but we have changed that model. Our clients enjoy simplicity, which removes the need for intensive recruitment capital entirely, and frees up cash flow, too!
Why Teacher Acquisition Costs Can Be Expensive
Recruitment in the competitive online education industry never stops – companies are always looking for new online teachers. Whether to replace those who have left, to staff up for peak demand periods, or to improve the quality of their teaching performance.
Online teachers need to be skilled, reliable, and inspiring to result in high student ratings, and to attract new and repeat business. While it may sometimes feel impossible to achieve and afford this at scale, it can absolutely be done, with the right system in place!
Let's look at the costs of online teacher recruitment and how TMaaS can help you lower this and improve your profitability at the same time.
Cost of In-house Recruitment
Recruitment is a big cost centre, often requiring online education businesses to partner with external providers on top of their internal recruitment teams.
For many online education businesses their acquisition cost per teacher can become a big number due to:
In-house Recruitment Team Costs
- Recruiter and management team salaries and related costs
- Time and money spent recruiting, managing and developing recruiters
- Hardware and software
- ATS (Applicant Tracking System) software
- Candidate background checks
Advertising & Marketing Costs
- Advertising spend
- Job board subscriptions
- Branding and marketing expenses
External Recruitment Provider Costs
- Placement fees, often with no replacement guarantees
Then there are still post-placement costs to consider, such as onboarding, training, operational management, scheduling, payroll, etc.
How does TMaaS compare?
Cost of TMaaS' Recruitment Service
- Pay per lesson taught
Pay Per Lesson Model
Number of Lessons Taught X Lesson Rate = Total Monthly Invoice
That's it. One, predictable invoice at the end of every month that includes everything related to recruiting, contracting, managing, training, developing and paying the teachers.
It's that simple.
The Bonus Opportunity Cost Consideration
An added benefit that our TMaaS clients have seen that there is also a considerable advantage that can be gained by looking at rather spending their recruitment costs in other areas of their business instead.
Most online education executives don't realize how much their recruitment model is actually costing them until they use TMaaS. We've turned what's traditionally one of their largest upfront monthly expenses into one that they no longer need to worry about. This means our clients can fully focus their spend and energy on growing their businesses and not on managing their recruitment and teachers.
Other Ways That Our TMaaS’ Recruitment Teams Create Value For Our Clients
Apart from the cost benefit of our TMaaS’s recruitment solution, our recruitment teams have been structured so that they can deliver:
- Well Matched Teachers Globally – Multi-cultural and multi-lingual recruiters based all around the world, with reach into diverse talent pools.
- The Industry’s Lowest Attrition Rates – Due to our teacher teams operating across all time zones, we can give teachers sufficient lessons across client accounts to enable them to fill up their schedules, which greatly reduces attrition.
- Prompt 24/7 Service – Our “always on” recruitment team responds to client needs at any time of the day, and connects with candidates when they are online and engaged.
- Easy Expansion – Ramp up or down at ease, or effortlessly enter new markets such as other regions, languages or subjects.
- Specialist Insights – Into unique markets, networks and platforms.
- Full Lesson Schedule Fulfilment – Teacher back-ups and full recruitment pipelines ensure a 99.98% lesson delivery rate.
- Exceptional Matching – All our recruiters have online teaching experience, so they can better assess candidates. We practice dedicated vetting that includes checks for quality, value alignment, position and qualification fit.
- Any Teacher, Any Time – Our recruiters work consistently to build candidate databases even when our clients aren’t hiring, enabling us to rapidly grow your teacher teams when you need it most.
Become More Profitable with TMaaS
Our TMaaS solution presents a fundamental shift from trying to do it all, to a strategic partnership. Our recruitment service is just one way in which we support online education businesses – we also fully manage, train and develop them after they have been hired and contracted.
Choose TMaaS and let's boost your business' performance together!