NYC charter school to pay teachers $140,000 to promote student success

A New York City The charter school has pledged to pay its teachers $140,000 for the 2023-2024 school year.

Equity Project Charter School [TEP] They announced that they are raising teacher salaries to $140,000 for the 2023-24 school year. National average And significantly higher than the average salary for New York City public school teachers.

Before raising teacher salaries, TEP in 2016 When it opened in 2009, it paid teachers $125,000. That’s more than double the average New York City public school teacher earns.

According to the doctrine of America [TFA]A teacher with 10 years of experience earns a base salary of $86,280 and a top salary of $101,441. At TEP, teachers are also eligible for an annual performance bonus of up to $35,000.

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“Higher teacher pay helps students. Recognizing the significant impact teacher quality has on student outcomes has made teacher a priority for 14 years at a TFA student-run public charter school in New York City.” TFA reported.

According to the TEP website, 90% of TEP students qualify for free or reduced-price lunch, which is the federal poverty measure. TEP has 1080 students in Kindergarten through 8th grade.

They also note that 91% of their students are Latinx and 8% are African American students.

“These teachers will be evaluated in line with the restated expectations: an annual salary of $140,000 and the potential for a substantial annual bonus based on school-wide performance,” their website reads.

Since the outbreak of School districts Hundreds of open teaching positions across the country are scrambling to fill the remaining summer weeks before the 2022-2023 school year begins.

As teacher pay became a priority, lawmakers proposed legislation that would eliminate licensing requirements for teachers to move across state lines — an often arduous and costly wait process, licensing fees and expensive exams.

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The Interstate Teacher Mobility Compact idea was first proposed by the U.S. Department of Education and is designed in part to support military spouses. It would effectively allow teaching licenses to apply to all compact members, bypassing the current 50-state compact’s various requirements.

In the year In 2020, Colorado will pay teachers an average of more than $60,000 a year, below the national average of $65,000, according to the National. Center for Education StatisticsAlthough it is one of the most expensive states to live in. At those salaries, only about 20% of homes in Colorado are affordable for teachers, according to a Keystone Policy Center study.

Since then, schools across the country have been grappling with teacher migration. The epidemicTeachers have reported burnout amid the uncertainty of the lockdown, including switching to distance learning, blended learning, and ultimately classroom learning.

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A survey by the National Center for Education Statistics found that 44% of public schools reported having a full-time or part-time teacher vacancy.

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A survey published in March 2022 found that 61% of public schools reporting at least one vacancy cited the pandemic for vacancies. Most vacancies are due to layoffs, not retirements, the study reported.

Between February 2020 and May 2022, nearly 300,000 public school teachers and staff left the field, according to data from the Bureau of Labor Statistics. A February survey from the National Education Association found that 55% of teachers are considering leaving the profession, and 79% of teachers say they are dissatisfied with their jobs, according to a July survey from the American Federation of Teachers.

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