Showing posts with label #payequity. Show all posts
Showing posts with label #payequity. Show all posts

Tuesday, October 10, 2023

📝 IMSPARK: Equitable Teacher Compensation in the United States 📝


 📝 Imagine Equitable Teacher Compensation in the United States 📝


💡 Imagined Endstate:

Imagine a future where teacher salaries in the United States are not only competitive but also reflect the value society places on education. In this vision, educators are well-compensated and highly motivated, attracting top talent to the teaching profession.

📚 Source:

Allegretto, S. (2023, September 29). Teacher pay penalty still looms large: Trends in teacher wages and compensation through 2022.

🔗 Link: 

Read thefull research report here

💥 What's the Big Deal:

This report exposes alarming trends in US teacher pay. 💰 From 1979 to 2022, teacher salaries stagnated, eroding their purchasing power, especially in 2022 due to high inflation. 📈 Real salaries remained flat for decades, nullifying nominal increases. 📅 To enhance living standards, pay must outpace inflation. Additionally, the wage gap with other graduates widened to 38.7% by 2022, hindering talent attraction. State-wise, In states like Colorado, teachers earn 37.4% less than their peers. Despite better benefits, a 17.0% total compensation gap persists. 👥 Community support and advocacy is needed to ensure quality education and retain top teaching talent. 

 

#livingwage,#Educators,#EconomicMobility,#payequity,#IMSPARK, 

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