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Fixing the Single Salary Schedule

From an interview with Michael Podgursky, Professor of Economics

Podgursky’s research aims to reform the single-salary schedule that provides salary increments according to a teacher’s years of experience as well as the number of college units and degrees earned. ““The whole compensation package for teachers, educators, and principals needs rethinking and needs to be thought about in a strategic way,” he says. “I think economics can help in thinking about the incentives, the structures, and efficient compensation design.”