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In 2012, Teachers Pay Teachers revealed that a teacher has made over $1 million in profit from the marketplace. 10 years later in 2022, it announced that there are more than 300 teachers that have gone on to earn at least $1 million in profit from Teachers Pay Teachers. [2] Teachers Pay Teachers was acquired by IXL Learning on March 2, 2023. [3]
(2) reforming teacher and principal compensation systems so that teachers and principals are rewarded for increases in student achievement (3) increasing the number of effective teachers teaching poor, minority, and disadvantaged students in hard-to-staff subjects (4) creating sustainable performance-based compensation systems (PBCSs)
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The National Council on Teacher Quality was founded in 2000 by the Thomas B. Fordham Institute. [1] [2] The council advocates for more rigorous teacher preparation, performance pay or merit-based teacher pay systems, educator equity, and a more diverse teacher workforce.
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The major provisions in the act included, but were not limited to, performance appraisals for all employees, merit pay on a variety of levels (but focusing on managerial levels), and modifications for dealing with poor performers. [3] This merit pay system was a break in the long tradition of automatic salary increases based on length of service.
The National Substitute Teachers Alliance estimated the national average pay for a substitute teacher in the United States in 2015 as $105 per day with a range of $20 (although $3.08 per hour would be below minimum wage in any state) to $190, although most districts pay well below $100 per day.
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