Faculty Compensation: Create a Compensation Philosophy

Faculty Compensation: Create a Compensation Philosophy
Faculty Compensation: Create a Compensation Philosophy

Volume 45

No. 3//

March 2, 2020

Like most School Heads, you have no doubt struggled at times to create a compensation structure that works effectively. The desire to pay teachers fairly for the professional services they provide has, for you and your peers, mostly remained a top-of-the-mind idea—rarely more than that. Data continues to suggest that teacher salaries lag those of similarly educated professionals. The Economic Policy Institute reports that teachers earn 19% less than other professionals similarly educated.

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