Document Type
Article
Publication Title
Center for Economics and the Environment: Policy Series
Abstract
While compensation accounts for roughly 90 percent of K-12 instructional costs, there is little evidence of efficient or strategic design in these systems. Rigid salary schedules reward factors generally unrelated to effectiveness, induce field shortages, and encourage inequitable allocation of professional staff. Deferred compensation systems impose sharp penalties on mobility, promote early retirement and generate large unfunded liabilities. Serious attempts to bring greater efficiencies to K-12 spending and raising teacher quality must confront the dysfunctional compensation system.
Publication Date
2018
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-Share Alike 4.0 International License.
Recommended Citation
Podgursky, Michael, "Reforming Educator Compensation" (2018). Center for Applied Economics. 15.
https://digitalcommons.lindenwood.edu/cee/15
Comments
Michael Podgursky is professor of economics at the University of Missouri at Columbia.