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Thursday, September 5, 2013

Mother Crusader: Devaluation Of Teachers Evident In Newark Merit Pay Debacle

Mother Crusader: Devaluation Of Teachers Evident In Newark Merit Pay Debacle:

Devaluation Of Teachers Evident In Newark Merit Pay Debacle



Here's something I've been chewing on that I'll just put out there, and let you guys make of it what you will.  I have been reading a lot about what my friend Jersey Jazzman is calling "The Newark Merit Pay Experiment."  If you haven't been keeping up, do yourself a favor and hop over there.  JJ is making some remarkable connections.

Some of the numbers are kind of startling. Lisa Fleisher at the Wall Street Journal reported that the total pool of money available for bonuses was $1.4 million for 3,200 Newark teachers.
About 5% of the 3,200-member teaching force got the money, one of the more contentious parts of the contract approved in November by the Newark Teachers Union. Seventeen teachers received the top bonus of $12,500.
That got me to thinking about our pals on Wall Street and their bonuses, so I did some quick digging.  

(Here's where you're going to start getting really angry.  Just fair warning.)

Let's look at Goldman Sachs, since today my other education blogger friend EduShyster posted a link on Facebook to this Teach for America nugget:
Teach For America is Proud to Partner with Goldman Sachs
Joining Teach For America before pursuing a career in business will provide you with the management experience and