Despite the public perception that public school teachers in general are underpaid, Jason Richwine, senior policy analyst at the Heritage Foundation and co-author of “Assessing the Compensation of Public-School Teachers,” says “the reality is that it’s just not true. There’s no way to look at the data and conclude that they are underpaid. They are certainly paid more than they can get if they work in the private sector…” In fact, Richwine found that “public-school teachers receive compensation about 52% higher than their skills would otherwise garner in the private sector.”
The reason for the study is that “We want to reform the way teachers are paid. We want to pay the good teachers a lot and the bad teachers not much, or move them out of the profession. We can’t really [get] reform of that kind without understanding the current situation.”
Previous studies that show teachers to be underpaid have grievous flaws and leave out critically important pieces of the compensation package, says Richwine. Most studies that show teachers as underpaid don’t take into account the richer retirement plans provided to teachers, their post-retirement health insurance coverage, and their shorter work year. In addition, job security is provably higher in teaching than in the private sector, says Richwine. Finally, under current practice it’s hard not only to pay the good teachers what they’re worth, it’s hard to know who those teachers are.
Click here to read the entire article.