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Innovative Ideas
in Educator Compensation Reform
Financial Incentives
A financial incentive is a type of compensation policy that offers additional incentives to an educator to make the transition to a hard-to-staff subject, school, or district. Typically, financial incentives—offered at the federal, state, or local levels (e.g., districts, community organizations, schools)—are part of a larger educator recruitment, retention, or redistribution strategy. For example, scholarships can be used as incentives to attract more individuals into the teaching profession. Similarly, housing incentives, a signing bonus, or both may be offered to recruit teachers to hard-to-staff schools.
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This page last updated on: April 28, 2008
