School district pays $759K in bonuses to its teachers

25th August, 2014 by

By Randy Wyrick

EAGLE — The school district spent more than $759,000 in performance bonuses this month as part of its performance pay program. The bonuses ranged from 0 to 4 percent of a staff member’s salary, half based on the staff member’s evaluation and half based on an indexed student achievement score. The bonuses worked out like this: • $198,898.81: hourly bonuses • $560,532.83: salaried bonuses • $759,431.64: total bonuses The bonuses are in addition to an average 4 percent salary increase for district employees, which are part of this year’s budget. The school district spent $750,000 on performance pay bonuses last …

Source: Vail Daily Feed

    

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