Pursuits
Gates Urges Revamp of Teachers’ $59 Billion Pay Plans
This article is for subscribers only.
Microsoft Corp. Chairman Bill Gates urged top U.S. public-school officials to overhaul teacher pay, saying taxpayers are spending $59 billion a year on compensation plans that don’t improve student achievement.
Teachers should be rewarded for results, not for seniority or advanced degrees, Gates said today in a speech to the Council of Chief State School Officers in Louisville, Kentucky. Revamping teacher pay will free up scarce money to help improve educational performance, said Gates, co-chair of the $36.4 billion Bill & Melinda Gates Foundation.