Wednesday, August 10, 2016

Teachers’ pay trails that of other workers with college degrees | EdSource

Teachers’ pay trails that of other workers with college degrees | EdSource:

Teachers' pay trails that of other workers with college degrees

The report noted that its analysis includes controls for age, education, race/ethnicity, geographical region, marital status, and gender. Data for 1994-95, the dotted lines, are extrapolations.
The report noted that its analysis includes controls for age, education, race/ethnicity, geographical region, marital status, and gender. Data for 1994-95, the dotted lines, are extrapolations.


 Pay for teachers has stagnated nationally over the past two decades, and fallen behind earnings of other workers with college degrees, the Economic Policy Institute, a Washington-based nonpartisan think tank, concluded in a report released Tuesday.

In 1994, teachers earned on average 1.8 percent less than other comparable workers; by 2015, they earned 17 percent less, adjusted for inflation. Factoring in total compensation, including health benefits and pensions, teachers earned the same as other workers with college degrees in 1994 but 11 percent less by 2015, the report found.
The report suggests that the pay gap or “penalty,” as the institute calls it, could complicate the efforts by California and other states to solve a teacher shortage and compete for high-achieving college graduates. “If the policy goal is to improve the quality of the entire teaching workforce, then raising the level of teacher compensation, including wages, is critical to recruiting and retaining higher-quality teachers,” the study said.
“It will be a big lift to increase compensation by 11 percent, but it’s important to move in that direction,” Larry Mishel, president of the institute and co-author of the report, said in an interview.
The average pay of public school teachers decreased by $30 per week – 2.6 percent – from 1996 to 2015 in inflation-adjusted dollars while weekly wages of all college graduates rose 9.6 percent, from $1,292 to $1,416, during that period.
The average teacher in America makes 77 percent of what other workers with a college degree earn, based on 2011-15 data in the report; the closest state to parity is Wyoming, where the gap is only 1.5 percent. In only five states are teacher weekly wages less than 10 percent behind.
California teachers earned 86 percent of the salaries of other workers with college degrees, the 10th-highest among the states, the report said. Since the late Teachers’ pay trails that of other workers with college degrees | EdSource:

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