| COMPENSATION SYSTEM |
Salary figures are tentative from year to year based upon state program funding and the number of Career Ladder participants. When placed on a Career Ladder Module, teachers are compensated if requirements are continuously fulfilled.
Career Ladder salaries are computed on two factors: 1. A dollar amount for the successful completion of a specific Career Ladder Module. 2. A budget alignment percentage figure added to the module dollar amount. This percentage figure may vary from year to year.
CAREER LADDER MODULE BASELINE AMOUNTS
Upon completion of requirements: Residency = $500 Entry To Instructional Skills = $1500
Participating at: Instructional Skills = $2000 Entry To Student Outcomes = $2500 Student Outcomes = $3000 Entry To Collaborative Action Research = $3500 Collaborative Action Research or CAR Option = $4000
CAREER LADDER TARGET SALARIES Career Ladder target salaries represent the maximum amount of compensation at each phase of the program. The target salaries are used as a part of the formula for computing the budget alignment percentage amount.
Phase Target Salary EXAMPLE Phase I (1 year prior experience) $47,000 Phase II (2 years prior experience) $49,000 Phase III (3 years prior experience) $53,000 Phase IV (4-6 years prior experience) $58,000 Phase V (7 years prior experience) $68,000
CAREER LADDER BUDGET ALIGNMENT PERCENTAGE The budget alignment percentage is a variable amount that is adjusted annually based upon program participation, program funding, employee benefits and operational costs.
CAREER LADDER PLACEMENT SALARY FORMULA The formula for computing a teacher’s Career Ladder salary is as follows: EXAMPLE Career Ladder Target Salary $68,000 - District Salary $40,000 (hypothetical) = Difference =$28,000
Difference $28,000 x Budget Alignment Percentage of 5.5 (hypothetical) = Budget Alignment Amount =$1540 (rounded up)
District Salary $40,000 (hypothetical) + Career Ladder Module Baseline Amount $4000 (CAR Level Baseline) + Budget Alignment Amount $1540 = Career Ladder Placement Salary = $45,540 (cannot exceed target salary)
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