Adjusting Teacher Salaries for Variation in Regional Costs Jennifer Imazeki, Ph.D. San Diego State University February 2007.

Slides:

Advertisements

Similar presentations

Value Added in CPS. What is value added? A measure of the contribution of schooling to student performance Uses statistical techniques to isolate the.

Advertisements

House Committee on Workforce and Technical Skills February 20, 2001.

Policy Decisions to make on Teacher Compensation Prepared for the Washington Learns K-12 Advisory Committee April 18, 2006 Lawrence O. Picus and Associates.

Chapter 5 Urban Growth. Purpose This chapter explores the determinants of growth in urban income and employment.

Conference on Irish Economic Policy Union membership and the union wage Premium in Ireland Frank Walsh School of Economics University College Dublin

Cluster Analysis Process & Economic Geography Development & Planning Process Coherent Resources –Florida Database Overview –The Florida Experience Primer.

Principles of Microeconomics

Chapter 7 The Wage Structure What makes equality such a difficult business is that we only want it with our superiors. —Henry Becque.

Washington State PTA School Finance Study Washington State School Finances: Does Every Child Count? A Report by the Washington State PTA.

Copyright©2004 South-Western 19 Earnings and Discrimination.

Jobs and occupations. nurse librarian lawyer dentist engineer computer programmer.

From the Exam. CPI Consumer Price Index The Consumer Price Index (CPI) is a measure of the general change in prices over a given amount of time.

This tutorial is aimed at individuals who want to identify occupations that offer the best opportunities for advancement from their current job.

© 2007 Thomson South-Western. Earnings and Discrimination Differences in Earnings in the United States Today –The typical physician earns about $200,000.

Regulating for Decent Work July, Geneva The impact of minimum wage adjustments on Vietnamese workers' hourly wages By Henrik Hansen, John Rand.

How Does Ability to Speak English Affect Earnings?

Constructing the Welfare Aggregate Part 2: Adjusting for Differences Across Individuals Bosnia and Herzegovina Poverty Analysis Workshop September 17-21,

CPI (Consumer Price Index) and Inflation. Inflation An increase in the average price level for goods and services across the economy.

Investments in Human Capital: Education and Training

Theories of Income Distribution A.P. Microeconomics Ms. McRoy.

Pay Structure Decisions

Factors affecting Wage Determination Part 2. Equity in Pay Equity in pay means a fair day’s wage for a fair day’s work. Individual perception: -Living.

Determining the Cost of Education in New Jersey NJ Department of Education Presentation before the Joint Legislative Committee on Public School Funding.

1 Concentration of Low-Performing Students (8 th grade Math, 2005)

Funding K-12 Public Education in Washington State: Current conditions and future challenges Marge Plecki, Associate Professor Educational Leadership and.

Unemployment What are the different types of unemployment?

The Labour Market Supply

Chapter Thirteen Labor Markets. Copyright © by Houghton Mifflin Company, Inc. All rights reserved Figure 13.1: Labor Demand Curve and Labor Supply.

Section 2.4 ~ Index Numbers

McGraw-Hill/Irwin © 2005 The McGraw-Hill Companies, Inc. All rights reserved. 7-1 Defining Competitiveness Chapter 7.

Cost-of-Education Index Study Presentation to the Joint Committee on Public School Finance January 24, 2002.

Slide 1 Estimating Performance Below the National Level Applying Simulation Methods to TIMSS Fourth Annual IES Research Conference Dan Sherman, Ph.D. American.

Chapter 13SectionMain Menu Unemployment What are the different types of unemployment? How are unemployment rates determined? What is full employment?

Examples of individuals that would benefit from this tutorial: A worker who has lost a job and needs to find a job in a related occupation—immediately!

SALES COMPARISON APPROACH  THE PROCESS IN WHICH THE MARKET ESTIMATE IS DERIVED BY ANALYZING THE MARKET FOR SIMILAR PROPERTIES.  A MAJOR PREMISE OF THE.

Introduction to Economics: Social Issues and Economic Thinking Wendy A. Stock PowerPoint Prepared by Z. Pan CHAPTER 19 THE ECONOMICS OF LABOR MARKET DISCRIMINATION.

Eco 12/1 Americans at Work. The Civilian Labor Force Civilian labor force- total number of people 16 yrs. or older who are employed or seeking work. Those.

Redefining Southeastern Wisconsin Terry Ludeman Department of Workforce Development October 9, 2003.

What Jobs will be Available for my Students?. Jot down 3 occupations related to the skills you teach students or prepare students for Put each occupation.

Evaluating Impacts of MSP Grants Hilary Rhodes, PhD Ellen Bobronnikov February 22, 2010 Common Issues and Recommendations.

Lecture 11 Markets for Labor.

Salaries of Kentucky public school teachers through time: a novel statewide individual-level dataset Meg Streams and Eugenia Toma University of Kentucky.

Hedonic and Comparable Wage Indices: The Effect of Adjusting WI Wages Prepared for the CPRE Conference on School Finance, School Improvement, and Teacher.

Chapter 2.3 Understanding what affects pay. Supply of Labour Refers to the amount of work each worker is willing to perform. It is affected by a combination.

Presentation Pro © 2001 by Prentice Hall, Inc. Economics: Principles in Action C H A P T E R 13 Economic Challenges.

UP539 March 10, Supply-sidedemand-side Workers “sell” their labor power to employers Employers “buy” labor power from workers Workforce developmentEconomic.

CPI (Consumer Price Index) and Inflation. Inflation An increase in the average price level for goods and services across the economy.

Chapter 13SectionMain Menu Unemployment What are the different types of unemployment? How are unemployment rates determined? What is full employment?

Kelly Cunningham Economist, Senior Fellow Economic Outlook Post-recession economic recovery January 21, 2015.

12LSO-0141.C1 and the Regional Cost Adjustment Sublette County School District #1.

Constructing the Welfare Aggregate Part 2: Adjusting for Differences Across Individuals Salman Zaidi Washington DC, January 19th,

Copyright 2007 Thomson South-Western Chapter 1 Choices That Affect Income.

What option for opening a restaurant are you still holding on to? 1. Take your savings and open the restaurant now. 2. Hold off for a year and open it.

19 Earnings and Discrimination. Differences in Earnings in the United States Today – The typical physician earns about $200,000 a year. – The typical.

Education Funding: How Much is Enough?

The InEquitable Distribution k of Teachers Across Schools

Jaison R. Abel Cornell ILR School High Road Program

Career Name An Occupation in (Cluster)

South Carolina Economic Summit

Earnings and Discrimination

Defining Competitiveness

Heterogeneity One limitation of the static LS model lies in the heterogeneity assumption. In reality, individuals differ in preference and in information.

Regional Workforce & Industry Cluster Target Advisory Group 2015.

Economics: Principles in Action

Chapter 8 The Urban Labor Market.

© 2007 Thomson South-Western

Today’s Learning Objective

Earnings and Discrimination

School Finance Indicator Database

Principal Software Engineer Job Description

Presentation transcript:

Adjusting Teacher Salaries for Variation in Regional Costs Jennifer Imazeki, Ph.D. San Diego State University February 2007

Why Adjust for Regional Costs? To ensure that all districts have equal capacity to attract/retain good teachers, salaries must allow teachers to buy a similar standard of living in all locations One dollar does not go as far in some places as in others Some places are nicer to live in than others – some places have higher costs – some have both

How to Adjust for Regional Costs? Cost of Living Indices Largely based on variation in housing costs May over-estimate wage costs in very desirable areas, and under-estimate wage costs in less desirable areas of the state

How to Adjust for Regional Costs? Comparable Wage Index Uses observed variation in wages of other workers If wages for lawyers, nurses, engineers, accountants, etc. are all 10 percent higher in Seattle than in Olympia, then teacher wages should also be 10 percent higher in Seattle than Olympia. If not, Seattle will have a harder time than Olympia in attracting/retaining teachers.

Average Washington Salaries,

Average Wisconsin Salaries, 2004

Average Washington Salaries, By Region

Average Wisconsin Salaries, By Region

How to Adjust for Regional Costs? Variation in average wages driven by three factors: 1) Occupational mix 2) Education/experience profile 3) Location characteristics (cost of living, amenities) Only #3 represents costs that affect districts’ ability to attract/retain teachers

Comparable Wage Index - WA, 2005

Comparable Wage Index - WI, 2004

Alternative Samples A Comparable Wage Index intended for adjusting teacher salaries can be calculated using wages of: All college-educated workers Workers most comparable to teachers in skills and job duties Workers in occupations that are math/science intensive

Alternative Indices, WA

Alternative Indices, WI

Additional Considerations CWI reflects wage differentials across regions Does not address differences in wage levels between teaching and other occupations Other factors may affect teacher wage costs that are not reflected in the CWI Supply of teachers (e.g, proximity to teaching programs) Composition of teacher work force (affects total wage bill) District characteristics  Hedonic model