Assessing the Compensation of Public School Teachers

Jason Richwine, Ph.D. & Andrew G. Biggs, Ph.D.:

The teaching profession is crucial to America's soci- ety and economy, but public-school teachers should receive compensation that is neither higher nor lower than market rates. Do teachers currently receive the proper level of compensation? Standard analytical approaches to this question compare teacher salaries to the salaries of similarly educated and experienced private-sector workers, and then add the value of employer contributions toward fringe benefits. These simple comparisons would indicate that public-school teachers are undercompensated. However, comparing teachers to non-teachers presents special challenges not accounted for in the existing literature.

First, formal educational attainment, such as a degree acquired or years of education completed, is not a good proxy for the earnings potential of school teach- ers. Public-school teachers earn less in wages on aver- age than non-teachers with the same level of education, but teacher skills generally lag behind those of other workers with similar "paper" qualifications. We show that:

Posted by Jim Zellmer at November 7, 2011 2:41 AM
Subscribe to this site via RSS/Atom: Newsletter signup | Send us your ideas