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Tuesday, August 16, 2011

CPS, Mayor Emanuel Announce Bonus Program for Principals Based on Private Funding

CPS, Mayor Emanuel Announce Bonus Program for Principals Based on Private Funding

CPS Announces Bonus Program for Principals Based on Private Funding

Updated: Tuesday, 16 Aug 2011, 8:55 AM CDT
Published : Tuesday, 16 Aug 2011, 8:55 AM CDT

FOX Chicago News

Chicago - After two years of salary freezes, CPS principals will have a chance to earn more, but they'll have to prove they deserve it.

Monday, the mayor and CPS officials announced the Chicago Leadership Collaborative, a training program designed to measure progress. Effective principals could be rewarded by as much as $10,000 a year.

The mayor secured $5 million in private funding to start the program.

“You can't just throw merit, performance pay out there and say a hail Mary pass. This is tied to a comprehensive,