Market-Based Reform of Teacher Compensation
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Compensation accounts for over ninety percent of instructional costs in public schools, yet the process for setting the level and structure of educator compensation is rarely rational or strategic. Ideally, total compensation and its components would be structured to recruit, retain, and motivate the highest quality professional workforce for a given level of expenditures. In this policy brief we examine two aspects of teacher compensation policy in K-12 education that are problematic; rigid salary schedules and retirement benefit systems.
M. Podgursky. “Market-Based Reform of Teacher Compensation.” Institute for Public School Innovation. University of Texas. (Nov. 2009).