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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?

To: Skeeter Bug who wrote (14162)	5/14/2001 3:15:18 PM
From: Chris J. Horne	Respond to of 42834

re: "i don't believe the rank and file teachers make very much money. if true, the next question is... who is pilfering all the dough?" According to our local newspaper, education is the 8th highest paying job in the our area. You have to be careful in evaluating teacher compensation. Teachers typically work 180 days a year and have the entire summer off. Teachers in our school district put in 6 1/2 to 7 hours a day. If you look at hourly compensation, teacher pay starts to look pretty decent. Public school teacher salaries vary widely from state to state. Here in PA, teachers are unionized and do quite well. Average teachers in our area make in the low to mid 40s (which is around $34 / hour). In addition, they do get a nice pension and the state just increased it by 25% independent of the collective bargining process. There are a few teachers in our district with no management responsibilities making over $70,000 for 180 days / 7 hours per day (a whopping $55 / hour!). Not too bad in anyones book! Administrators do even better with averages in the $55,000 to $75,000 range depending on district...I think the administrators do have to work almost all year though. Every teacher and administrators salary is posted on line by local newspaper...they didnt like it much at first, but it is public information and supposedly anyone could go to the school and request it (those that did often got a ration of ___). A nice summary chart is here: goerie.com Salaries are the highest expense item in most service and manufacturing businesses, and I am sure schools are no exception.