Global live-learning platform BrightCHAMPS has awarded stock options worth $1 Million to 400 of its most high-performing teacher partners across 25 countries. A majority of them are from multiple geographies such as India, Indonesia, Vietnam, Singapore, Malaysia, South Africa, Egypt, Lebanon and UAE. Additionally, it plans to increase the number of teachers to get TSOPs every year in the coming time.
According to a company statement, BrightCHAMPS teaching academy currently boasts nearly 2,500 teachers from 25 countries. Around 40 per cent of its financial literacy faculty is made up of CAs, CFAs and other professional degree holders in finance. On the other hand, the communication faculty consists of people who have TEFL and TESOL teaching certificates with native or equivalent English-speaking proficiency.
Speaking on the occasion, BrightCHAMPS' founder and CEO, Ravi Bhushan, said, “ Our faculty is one of our strongest pillars and we’re thrilled to be able to give back to them through this TSOPs initiative. Creating good learning experiences has always been a part of our DNA, at BrightCHAMPS. Helping students to achieve excellence in learning will always be the most important criterion for earning TSOPs at BrightCHAMPS.”
Elaborating on the rollout of the initiative, BrightCHAMPS’ chief financial officer (CFO), Amit Kumar, said, “Creating avenues for greater financial value for our teachers has always been part of our long-term financial strategy. We were able to evaluate and reward teaching faculty across all four business verticals in this round and look forward to increasing coverage in the coming months."
"We hope this will inspire our dedicated academy to deliver even better class experiences to our kids, while enjoying professionally and financially rewarding journeys with us,” he added.