Private schools struggle to attract qualified teachers, - according to the report published by TBC Capital.
As of the document, apart from the scarcity of skilled teachers, private schools find it difficult to compete with the higher salaries offered by public schools, which provide substantial pay raises based on teachers' experience and rank.
"A large number of private schools are unable to offer the same salary, which has led to the transfer of teachers employed in private schools to public schools. Consequently, the number of teachers in private schools decreased significantly. A new salary system implemented by the Ministry of Education has avoided workforce shortages in public schools.
The decrease in the number of teachers in private schools is also partially explained by the decline in the number of private schools. The total number of teachers in private schools will decrease by 20% in 2022, while the number of teachers in public schools will increase by 3% in the same period," TBC Capital said.
