I have read with interest over the past couple of days in the New York Times and on ransomtech's blog about a new school in New York city who recruited the best teachers to come and teach at its new school in the fall. The school didn't just go out and observe these teachers in their element (their classrooms) and then offered them a signing bonus or relocation budget. Instead, they clinched the deal by offering them contracts with a pay of $125,000 a year and a chance to earn up to $25,000 the following year for high performance of their students.
This is an interesting idea as the school's founder, Zeke M. Vanderhoek has decided that excellent teachers, not small classes, the latest technology or talented administrators make a school great. It will be interesting to see how these 8 teachers make out next year with extra responsibilities, longer hours and more students then the average NYC classroom. The principal, Mr. Vanderhoek himself, will earn less than the teachers, $90,000.
Photo by JonDissed on Flickr.com