Strategic Compensation Presentation January 7, 2015 Sch chool s - PowerPoint PPT Presentation

Strategic Compensation Presentation January 7, 2015

Sch chool s sys ystems i in T Tennessee a are required b by s y state l law t to s submit a and offer a a “ “differentiated p pay p y plan” t to chers. their t teach

In o our f first t two ye years, L LSS m met t that requirement b by o y offering “ “role based” s stipends t to o our L Learning cher. Coach ches a and M Master T Teach

For 2 2016-1 -17, w we s set a a g goal t to d develop a a strategic co c compensation p plan t that would: would: 1) 1) Attract ct a and r retain q quality t y teach chers. 2) 2) Reco cognize p performance ce. 3) 3) Reflect ct t the v values a and p priorities o of administration LSS f facu culty a y and a

Timeline Approach ch a and T September - Ou Outlined g goals f for co compensation p plan - Di Discu cussed p pros a and co cons o of m model plans w with t teach cher l leadership t team - Brainstormed a additional p plan el element ements

Timeline Approach ch a and T Oct October - De Developed co compensation s survey y - De Delivered co compensation s survey t y to teach chers a and a analyz yze f feedback ck - De Developed d draft m model f for r review b by y teach cher l leadership t team

Timeline Approach ch a and T November / /De Dece cember - Further r refined co compensation p plan based o on f feedback ck f from t teach cher leadership t team - Analyz yzed f financi cial i impact ct a and sustainability o y of t the p plan

Timeline Approach ch a and T January y - Present f final p plan t to s sch chool b board f for approval approval

Proposal Based on Feedback • Teachers with Composite Evaluation Score of 4 or 5 receive $300 • Teachers who teach in tested areas and receive an individual TVAAS score of 4 or 5 receive an additional $150 • Teachers who receive a Composite Evaluation Score of 1 or 2 do not receive step increase • Recruiting Incentives – Allow new teachers to start at three higher step levels for advanced degrees. – Move teachers up three steps for attainment of a Masters degree.

Advantages to This Plan • Vast majority of teachers on campus would qualify for performance bonus of $300 based on historical LES evaluation scores. • All full-time teachers in all grades and subject areas are eligible for this bonus. • Plan recognizes additional stress placed on teachers who are in tested areas with opportunity for additional $150 bonus. • Provides an additional hiring incentive for historically high- performing teachers from outside of the district. • Encourages collaboration and instructional excellence to ensure students perform well on standardized tests.