As you can expect, working as a private tutor you will have a great deal of flexibility and freedom. You can choose the hours you want to work and how much you want to charge. As most parents opt for afterschool and weekend tutoring, this is perfect if you have a full-time job and want a side income.
The hourly rate can also be excellent.
According to Prospects it is very reasonable for tutors to earn between £30 – £42 per hour, which is 5 times higher than the national minimum wage!
The mean hourly rate taken from Prospects figures is £36 per hour. Therefore, working 20 hours per week could earn you £720 per week and if we allow 4 weeks per year annual leave thus multiplying the sum by 48 weeks, we get a gross earning of £34,560. So, it is perfectly possible to earn a salary of £32k+ working part-time.
As with anything life, how much you earn will ultimately depend on how much time, effort and dedication you put into building and retaining your client base.