Arbeitspapier

Teacher Preferences, Working Conditions, and Compensation Structure

Improving schools depends on attracting high-caliber teachers and increasing retention, both made possible by appealing to teacher preferences. I deploy a discrete-choice experiment in a setting where teachers have reason to reveal their preferences. There are three main findings: (1) I calculate willingness-to-pay for a series of workplace attributes including salary structure, retirement benefits, performance pay, class size, and time-to-tenure. (2) Highly rated teachers have stronger preferences for schools offering performance pay, which may be used to differentially attract and retain them. (3) Under various criteria, schools seem to underpay in salary and performance pay while overpaying in retirement benefits.

Language
Englisch

Bibliographic citation
Series: IZA Discussion Papers ; No. 13121

Classification
Wirtschaft
Education and Research Institutions: General
Nonwage Labor Costs and Benefits; Retirement Plans; Private Pensions
Public Sector Labor Markets
Personnel Economics: General
Subject
teachers
labor market
achievement
retention
selection

Event
Geistige Schöpfung
(who)
Johnston, Andrew C.
Event
Veröffentlichung
(who)
Institute of Labor Economics (IZA)
(where)
Bonn
(when)
2020

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Johnston, Andrew C.
  • Institute of Labor Economics (IZA)

Time of origin

  • 2020

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