Instructor Payout Policy at LearnXpert

Welcome to LearnXpert’s instructor community! We’re dedicated to offering a transparent and rewarding compensation model. This page details our payout policy, designed to provide clear, consistent, and equitable payment procedures for all instructors.

Earning Revenue

  • Revenue Share: Instructors earn 70% of the net revenue from their courses.
  • Transparent Calculations: We deduct only necessary fees — such as payment processing and service fees — from the gross revenue to calculate your net earnings.
  • Real-Time Tracking: Monitor your earnings through real-time updates in your instructor dashboard.

Payout Process

  • Monthly Payments: Earnings are calculated monthly and paid out within 30 days of the month’s end.
  • No Minimum Threshold: You receive payouts regardless of the amount, directly to your PayPal account.
  • Payout Notifications: Receive email notifications when payments are processed.

Setting Up Your PayPal Account

  • Account Requirements: A valid PayPal account linked to your instructor profile is necessary to receive payments.
  • Linking Your Account: Provide your PayPal email in your account settings to link it.
  • Currency and Conversions: Payments are issued in USD. If your PayPal account uses another currency, conversion is handled by PayPal according to its prevailing rates.

Managing Your Earnings

  • Accessing Earnings Reports: Detailed reports are available on your dashboard showing sales data, earnings, and any adjustments for refunds.
  • Understanding Refunds: Refunds impact your earnings as they are deducted from the month’s revenue.
  • Financial Planning: Consider tracking your earnings and planning for tax obligations as all instructors are treated as independent contractors.

Legal and Compliance

  • Tax Responsibilities: You are responsible for reporting and paying taxes according to your local laws as LearnXpert does not withhold taxes.
  • Intellectual Property Rights: You maintain ownership of your course content, adhering to our platform’s intellectual property policies.

Dispute Resolution

  • Reporting Discrepancies: If you notice discrepancies in your payout, report them immediately via our support center.
  • Review Process: We review all disputes thoroughly and strive to resolve them within 5 business days.
  • Adjustments: Adjustments will be made in the following month’s payout cycle if necessary.

FAQs

Here are some frequently asked questions to help you understand our payout policy better:

  • What happens if a student requests a refund after I’ve been paid?
  • Adjustments for refunds will be reflected in your next monthly payout.
  • How can I increase my earnings on LearnXpert?
  • Focus on creating high-quality courses and engaging with students to improve course ratings and increase enrollments.

Need Further Assistance?

For any further questions or assistance with payout issues, please contact our support team at finance@learnxpert.co.uk.