It’s Not Always About the Money
This entry was posted on 2/20/2007 9:09 PM and is filed under News and Research.
It’s Not Always About the Money
Many
of today’s job seekers are more benefit savvy than their predecessors.
They are looking beyond the salary, to issues like working conditions,
affordable housing, commute time, and other benefits when choosing
where they want to teach.
I
know of two neighboring districts that illustrate the difference the
benefits package can made very well. One district pays a higher salary,
but the other district has better benefits. In this case, after the
higher paying district deducts for teacher retirement, health
insurance, and liability insurance (all of which are paid for teachers
by the lower salaried district), the net pay is actually higher in the
lower salaried district.
Many
districts are looking at ways to put affordable housing within the
reach of teachers who say they cannot afford to buy or rent homes in
pricey school districts. From district owned housing that teachers can
buy or rent below market value, to low interest mortgage loans for
teachers, to mortgage signing bonuses, school districts nationwide are
setting up teacher-housing programs to bring in and keep teachers.