Compensation Strategy
Independent schools face increasing pressure to attract and retain exceptional faculty while maintaining financial sustainability. As the education landscape becomes more competitive, schools should consider compensation models that reflect both market realities and institutional values. Through careful analysis of peer school data, regional economic factors, and industry trends, schools can design compensation structures that support their mission while remaining fiscally responsible.
Essentials January 2025Best Practices for Faculty Employment Agreements
Developing comprehensive employment agreements requires careful attention to both legal requirements and educational best practices. Well-structured agreements serve as foundational documents that clearly define the relationship between the school and its teachers while protecting both parties’ interests. Beyond basic terms of employment, these agreements should address essential elements including teaching responsibilities, professional development expectations, evaluation procedures, and compliance with school policies. This deck shares key elements of effective employment agreements and provides guidance for schools seeking to strengthen their employment agreements.
The materials provided on this website are for general informational purposes only. These materials do not, and are not intended to, constitute legal advice. Schools should consult their legal counsel to review employment agreements.
Essentials January 2025Additional Resources
- Compensation Strategies – Webinar Recording
Part 1 – Chris Greathouse, Strategic Performance Group
Part 2 – Brent Betit (previously of the Fletcher School) - FastStats: A Comparison of Teacher Salaries In SAIS States
Jeffrey Mitchell, Currey Ingram Academy - How to Salary Scale: Beyond Executive & Administrator Compensation – Webinar Recording
Damian Kavanagh, MISBO
Includes salary tools and templates - Mission-Anchored Compensation Strategies – Session Recording
Patrick Schuermann & Amber Stockham - A Brief Overview of Educator Compensation NBOA