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Compensation is often coupled with revenue generation - not skills. Teachers generate no revenue. Compare the compensation for big tech software developers vs
by shagie 3y ago
Compensation is often coupled with revenue generation - not skills.
Teachers generate no revenue.
Compare the compensation for big tech software developers vs those employed directly in public sector. Its not that public sector are less skilled, nor less in demand - but rather public sector doesn't generate revenue and its budget is a different path.
I would contend that this isn't "teachers and public sector software developers are necessarily poorly compensated" (though I will say that teachers should be paid more) but rather that the revenue that is coupled with a software developer in the private sector is disproportionately high and so companies in that domain can compensate more highly.
The control of teachers salaries are based on what funding the school district gets which comes from taxes. The public tends to prefer low taxes and models which do not allow tax dollars collected in one spot to be used in another which depresses the compensation for everyone in public sector (including teachers).
Unless you are at or near the top and have control of the budgeting, rarely will public sector pay on the same scale as private sector.