Pros And Cons Of Merit Pay For Teachers

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I have never seen a topic that contains two words that strike as much fear and diverse opinions in teachers as merit pay. There are two distinct sides to this topic. On the pro side are usually state officials and some administrators, on the other are teachers. I chose the topic of merit pay for teachers for several reasons. The first is I enjoy reading the different economic theories that both sides use in arguing their points on merit pay. It is very interesting to see how some basic economic concepts are misused and misunderstood when money is at stake. As is often the case in studying economics, what appears to be common sense on the surface might not be when you take a closer look at the economic logic behind the argument. The second …show more content…

The pros include: the tenants of capitalism is to reward results, teachers will be driven to work harder, merit pay programs will help recruit and retain the best minds, underpaid teachers will have the chance to make more money, attracting more people to teaching, and if everything else has failed then why not try merit pay. The cons include: how a merit pay system would encourage teachers to cheat, the bureaucratic nightmare that would be created with trying to monitor a Merit Pay system, cooperation between teachers would be destroyed, and just pay teachers more instead of wasting it on a merit pay …show more content…

This too follows the capitalism argument that there has to be a benefit to attract a person to a job. In the Wall Street Journal, Daniel Henninger interviewed the Director of Education of a school in Arkansas that adopted a pay for performance program. At his offices in the capitol building, Director James calls himself an "advocate of pay for performance" for a couple of reasons. Financial incentives of some sort are needed, he says, to stop math and science teachers from jumping ship to industry. And school districts like Little Rock 's have to innovate fast because jobs and population are migrating internally, mostly into northwestern Arkansas. The Springdale district alone, he says, near Fayetteville and Bentonville, "hired 180 new teachers this year." Little Rock has to find a way to hold its best teachers (Henninger, 2005). This is another economic concept that is a key to capitalism. The logic is the more pay that is offered, the better the job applicants. This is also a basic concept in supply and demand. Henninger 's article continues with showing how happy the teachers were at the school. They were able to earn up to an extra $8600 for a total of $134,800. Some of the money was put into a general school pool and shared by support staff with include the custodians and cafeteria staff (Henninger, 2005). It would seem that Arkansas has

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