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"free market exists for employees as well as businesses, businesses concerned" I found myself recently listening to a podcast about the teacher shortage. Somet
by avs733 5y ago
"free market exists for employees as well as businesses, businesses concerned"
I found myself recently listening to a podcast about the teacher shortage. Something like 20% of first year teachers leave the profession. It costs around $20k to replace a teacher. The average teacher starting salary is $41k. If you could get teachers to stay by (1) treating them with respect, (2) administrators having their back, and (3) raising that to $46k, more than 10% of pay, how many would stay for at least five years? The first two cost nothing, and if they stay more than 4 years you have entirely recouped the cost of replacing them every year.