₹25 lakh to ₹2 crore, stock options, and flexible work schedules are key to driving teachers to online platforms, they said. “Edtech firms work like corporates and there are retention measures.
Salaries for our teachers that range between ₹50 lakh and ₹2 crore, leave travel allowance, and medical insurance are provided," said Prashant Sharma, founder and director of myclassroom.
The edtech platform provides hybrid classes (digital and physical) for competitive exams and is focussed on students in tier II and III cities.
High salary, perks , career growth have prompted many teachers such as Kanchan Sawant of Mangaon, Maharashtra, not to head back to teaching in a regular school. “I taught science for seven years in a regular school and college and joined 21K in 2021.