New report on teacher pay

In Assessing the Compensation of Public-School Teachers, Jason Richwine and Andrew Biggs conclude that “public-school teacher salaries are comparable to those paid to similarly skilled private sector workers, but that more generous fringe benefits for public-school teachers, including greater job security, make total compensation 52 percent greater than fair market levels, equivalent to more than $120 billion overcharged to taxpayers each year.”

Average Benefits as a Percentage of Wages, Adjusted Data (Richwine and Biggs, p. 18)

Public school teachers Private workers
Total benefits 100.8% 43.5%
Paid leave 6.6% 11.4%
Insurance plans 16.1% 13.3%
Retirement and savings 32.0% 6.2%
Retiree health care 9.9% 1.3%
Legally required benefits 7.4% 11.3%
Work-year leave 28.8% 0.0%

Terry Stoops / Vice President for Research and Director of Education Studies

Terry Stoops is the Vice President for Research and Director of Education Studies at the John Locke Foundation. Before joining the Locke Foundation, he worked as the progra...

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