In September, the Equity Charter School in New York will be opening their doors to 120 5th graders, many from low-income Hispanic neighborhoods and low academic scores. The school's philosophy is based upon the belief that the most important factor in achieving educational equity for low income students is to invest in attracting and retaining teaches. By doing this, they hope to acheive success. All teachers will earn a base salary of $125,000 with an annual bonus up to $25,000. Their operating budget will be based upon per student allocation and they plan to save money on support staff. In exchange for high salaries, they will be assuming additional administrative roles, working from 8-6 p.m., subbing for each other and spending summers on professional development. Many eduation and policymakers will be tracking this school closely.
Read more about this at ABC News, http://abcnews.go.com/US/Story?id=8436814&page=1
What do you think about teachers being paid $125,000 salary in exchange for additional responsibilities while ensuring student success? Looking forward to your thoughts.
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