Could there be a link between the financial compensation of teachers and the quality of education students receive? This article postulates that there could be such a link, and it is not unexpected because it follows general market principles. Act 10, a 2011 Wisconsin law allows school districts to negotiate pay with teachers and compensate them on criteria other than years of service and educational level. This law enables school districts to pay high-performing teachers more while giving harsher threats to poor-performing ones.
While it is still too early to make serious conclusions on the results of this law, early data shows increased teacher performance as well as student performance. Teachers have an incentive to increase the quality of their teaching. As a result, student learning is improved. I think this is a valuable model that is beneficial for the learning of students, especially because it follows market principles. By rewarding high-quality teaching, the quality of teaching is likely to improve. I don’t know if this can be applied on a national level, but I do believe that this model could be a great benefit to education in the United States.