Saturday, June 19, 2010

Your pay raise explained.

Hi,

Soon after I posted the news on the contract and your raise I realized it may not make sense. Here is the deal. You will get 50% of the full step increase in your paychecks starting in August. On the salary schedule you will move to the next spot but will only be paid for half of it. The idea was to keep all of you who can move, move, so you next year when we negotiate you will start in an improved spot on the salary scale.

For example.

A teacher who is on Master step 6 in 2009-2010 earned $47,515, next year you will move to step 7 which is $49,080. That means you should make $1,565 more dollars next year but you only get 50% of that total so your real raise is $782.50 which will be spread throughout all of your paychecks for next year. The upside is in 2011-2012 you will move to step 8 which is more money and lets hope that we get a raise in salary as well. Our goal was to keep you moving down the steps.

I hope that helps, if you have questions let me know.

Keith

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