In corporations, a person is rewarded based on performance. However in education many times these rewards are not provided. Research is showing that with the implementation of a Teacher Incentive Fund (TIF) students perform slightly better in reading and math when their teachers receive performance-based bonuses.
Below is an article from educationdive.com that provides evidence that a TIF program is having a positive effect on student learning. After reading the article, give us a call at SpendBridge to learn how we can help you implement a procurement and accounts payable process that will help reduce operating expenses to put more dollars back into the classroom.
Source: educationdive.com | Re-Post SpendBridge 2/19/2018
A final evaluation of the Teacher Incentive Fund (TIF) finds that students perform slightly better in reading and math when their teachers receive performance-based bonuses.
Conducted by Mathematica Policy Research (MPR) for the U.S. Department of Education (ED), the study shows that the difference in student performance between schools where teachers received the bonuses and those where they didn’t amount to about three to four weeks of learning.
Since its establishment in 2006, TIF’s grants have been supported by around $1.8 billion from the Education Department as of 2012, helping states and districts create performance-based compensation systems for teachers and principals in high-need schools. Over 130 districts received grants in 2010, and 10 districts participated in the random assignment study to determine the effectiveness of the program.