According to a report from the Educational Resources Information Center, America is headed for trouble if we don't figure out how to recruit and RETAIN good teachers for our children:
Demographically, the need for new teachers is rising to an epic level. The U.S. Department of Education estimates that the nation will need more than a million new teachers by 2010, nearly half the current work force of 2.6 million in elementary and secondary schools. An estimated 50 percent of new teachers leave the profession within five years, many of them citing money and professional dissatisfaction as key reasons.
This report reviews numerous ways of incorporating merit pay or 'incentive based pay' into the public education system to replace the established method of single-scale pay to all and looks at the many states that have attempted to change the way we pay our teachers.
In Missouri in particular, we face grave concerns in producing young minds capable of steering development in technology and sciences. If we don't get on board and learn from other states like Colorado, Ohio, Maryland, etc., we will stand in their shadows as we scratch our heads wondering why we as a state were left behind and lose out on economic development opportunities. We cannot lure businesses to locate here if we cannot provide the staffing they seek. From an economic standpoint, Missouri has much to offer to lure new business. But they won't be able to come if they cannot find the employees qualified to take them into the next generation of technology advancement.
Only by getting the right teachers in place now to develop and encourage young scientific minds can we hope to compete in the future. The status quo method of payment obviously isn't working, is it?