How much do teachers value compensation deferred for retirement (CDR)? This question is important because the vast majority of public school teachers are covered by defined benefit pension plans that "backload" a large share of compensation to retirement relative to the compensation structure in the private sector, and there is scant…

Recruitment and retention of agriculture teachers is a major concern in the field of school-based agricultural education (SBAE). A major reason cited for this concern is perceived shortcomings in teacher compensation. To remedy this factor, Illinois implemented an extended contract grant program to provide agriculture teachers with additional…

Defined benefit (DB) pension plans incentivize "salary spiking," where sharp increases in pay are leveraged into significantly higher levels of retirement compensation. While egregious instances of salary spiking occasionally make headlines, there is little guidance on the definition of salary-spiking behavior or understanding of its…

How much do teachers value compensation that is deferred until retirement? This question is important because the vast majority of public school teachers are covered by defined benefit (DB) pension plans that "backload" a large share of compensation to retirement relative to the compensation structure in the private sector. There is…

Due to the overwhelming number of teachers exiting the profession each year, recruitment and retention efforts continue to be a high priority for stakeholders within agricultural education. Specifically, teacher attrition has been identified as one of the leading problematic issues hindering growth of school-based agricultural education (SBAE)…

Defined benefit (DB) pension systems determine the size of pension payments using an employee's "final average salary". Thus, employees enrolled in DB pension systems face an incentive to "salary spike" -- strategically increase late career pensionable compensation -- to increase their retirement income. This is an important…

The purpose of this study was to investigate how principal workload, job isolation, mentoring, autonomy, and compensation impact the perceived job satisfaction of rural elementary (K-8) principals in Illinois. Principal job satisfaction is strongly driven by one's working conditions. Principals who find more satisfaction with their working…

In the United States most teacher compensation issues are decided at the school district level. However, a group of states have chosen to play a role in teacher pay decisions by instituting statewide teacher salary schedules. Education Commission of the States has found that 17 states currently make use of teacher salary schedules. This education…

The Teachers' Retirement System of the State of Illinois is one of the worst-funded public pensions in the nation. In 2013, it held enough assets to cover only 41 percent of its future obligations (Buck Consultants, 2014). This shortfall has led to several reforms, mostly involving benefit cuts that have undermined retirement income security for…

For many non-traditional candidates, the path into teaching is riddled with bumps and detours. They must pay for increasingly expensive coursework and certification costs, attend classes that conflict with work schedules, and forgo wages to complete unfunded student teaching requirements. These roadblocks can deter valuable local…

Nobody goes into teaching to get rich, but that's no excuse not to pay teachers as professionals. Compensation is one of the most important factors in determining who enters the teaching profession and how long they stay--yet 90 percent of all U.S. school districts pay teachers without any regard for their actual performance with students,…

In this paper, I document evidence that intergovernmental incentives inherent in public sector defined benefit pension systems distort the amount and timing of income for public school teachers. This intergovernmental incentive stems from the fact that, in many states, local school districts are responsible for setting the compensation that…

For years, the debate about American education was like a bad marriage. The arguments were about everything but the core issue--instructional quality. The other issues--education finance, school choice, standards--all matter, but are secondary to the importance of effective instruction. In the labor-intensive education field, effective instruction…

Charter schools are publicly-funded educational entities that operate independently from local school districts and are exempt from certain state and local requirements, particularly with regard to teacher personnel policy. In exchange for this flexibility, charter schools are held more accountable for results and may be shut down if they fail to…

This article presents the annual report on the economic status of the profession. This year's report covers three main issues--all perennial problems, but with new analysis based on the latest data--in addition to summarizing the current results from the annual American Association of University Professors (AAUP) survey of full-time faculty…