When the standard regression is limited to teachers, those who work for public schools receive a 10
percent salary premium.
Not exact matches
Young companies are now offering higher
salaries than the tech industry average — with developers earning 26
percent more, marketers raking in an additional 7
percent, and sales / business development folks commanding a 12
percent premium to work at startups.
If the standard were to pay teachers an extra 1
percent of
salary when they raise test scores by 2.5
percent of a standard deviation, then highly experienced teachers who post a 25
percent test - score advantage over rookies should be paid a 10
percent premium.
Teachers benefit strongly from job security benefits, which are worth about an extra 1
percent of wages, rising to 8.6
percent when considering that extra job security protects a
premium paid in terms of
salaries and benefits.
An employee's monthly
premium contribution maxes out at nine and a half
percent of their
salary, which doesn't amount to much at that entry level.