At skilledmba.com, we value the expertise and contributions of our instructors. Ensuring a transparent and efficient payment process is essential for fostering a mutually beneficial relationship. In this section, we’ll explain how the revenue share works and how instructors can receive payments for their courses. Here’s what you need to know:

Revenue Share Model: Our revenue share model is designed to provide a fair and competitive arrangement for instructors. While the specific details may vary depending on your website’s policies, here are some common aspects to consider:

Revenue Percentage: We allocate a percentage of the course fees to instructors as their share of the revenue. This percentage is typically defined in the instructor agreement or terms and conditions.

Platform Fees: To cover operational costs and maintain our services, a portion of the course fees may be retained as platform fees. The revenue share is calculated after deducting these fees.

Payment Schedule: The payment schedule outlines when and how instructors can expect to receive their earnings. The specific schedule may vary based on your website’s policies and payment cycles. Common payment frequency options include monthly, bi-monthly, or quarterly payments. Be sure to review your instructor agreement or terms and conditions for details regarding the payment schedule.

Payment Methods: We offer various payment methods to accommodate instructor preferences. The available payment methods may include:

Direct Bank Transfer: Instructors can provide their bank account details to receive payments directly into their bank accounts. Ensure you provide accurate and up-to-date banking information for seamless transactions.

PayPal or Other Digital Payment Platforms: We may support digital payment platforms like PayPal for secure and convenient transactions. You may need to link your PayPal account or provide the necessary details to receive payments through this method.
Alternative Payment Methods: Depending on your website’s setup, there may be alternative payment methods available. Familiarize yourself with the options provided and select the method that suits you best.

Payment Processing and Timing: Once the revenue share is calculated, payments are processed according to the defined payment schedule. The processing time can vary depending on factors such as payment method, currency conversion (if applicable), and any additional verification processes. It’s important to review the terms and conditions or instructor agreement to understand the expected payment processing timeline.

Tax Obligations: As an instructor, it’s important to understand your tax obligations related to the revenue earned from your courses. Depending on your jurisdiction, you may be responsible for reporting and paying taxes on your earnings. We recommend consulting with a tax professional or advisor to ensure compliance with local tax regulations.

Payment Statements and Reports: To provide transparency and track your earnings, we may offer payment statements or reports. These documents detail the revenue earned, platform fees deducted, and any other relevant financial information. Familiarize yourself with how to access and interpret these statements for accurate record-keeping and financial management.

Customer Support: If you have any questions or concerns regarding instructors’ payments, don’t hesitate to contact our customer support team. They will be able to provide assistance, address any payment-related inquiries, and guide you through the payment process.

We value the contributions of our instructors and strive to ensure a seamless payment experience. By understanding the revenue share model, payment schedule, available payment methods, and tax obligations, instructors can confidently navigate the payment process and receive their earnings in a timely manner.