Thursday, October 27, 2011

Teachers...and hefty salaries...

A good friend posted this...


"Teachers' hefty salaries are driving up taxes, and they only work 9 or 10 months a year! It's time we put thing in perspective and pay them for what they do - babysit! We can get that for minimum wage. That's right. Let's give them $3.00 an hour and only the hours they worked; not any of that silly planning time, or any time they spend before or after school. That ...would be $19.50 a day (7:45 to...... 3:00 PM with 45 min. off for lunch and plan-- that equals 6 1/2 hours). Each parent should pay $19.50 a day for these teachers to baby-sit their children. Now how many students do they teach in a day...maybe 30? So that's $19.50 x 30 = $585.00 a day. However, remember they only work 180 days a year!!! I am not going to pay them for any vacations.
LET'S SEE.... That's $585 X 180= $105,300 per year. (Hold on! My calculator needs new batteries).What about those special education teachers and the ones with Master's degrees? Well, we could pay them minimum wage ($7.75), and just to be fair, round it off to $8.00 an hour. That would be $8 X 6 1/2 hours X 30 children X 180 days = $280,800 per year. Wait a minute -- there's something wrong here! There sure is!
The average teacher's salary (nation wide) is $50,000. $50,000/180 days = $277.77/per day/30 students=$9.25/6.5 hours = $1.42 per hour per student--a very inexpensive baby-sitter and they even EDUCATE your kids!) WHAT A DEAL!!!! Make a teacher smile; re-post this to show appreciation!!!"

I'd invite any commentary and economic analysis of this concept...

2 comments:

  1. I do think it would make since, but there are a few things that I could question/point out.

    First, would the teachers in public schools get paid for every class? I mean, each teacher at our school for example teachers probably 3 or 4 hours out of 5 so we can say they teach for roughly 5ish hours a day at 1 hour 15 minute class lengths. They would be making just minimum wage at $8.00 an hour so about $60 dollars a day. 60 x 180 = $10800 a year for minimum wage for the classes in an entire year.

    Second, would parents have to pay for every class or for hours? If a parent pays $3 per class and the student has 5 classes, that's $15 a day or $2,700 a year which seems pretty cheap. If they do $3 an hour then it's roughly $21 a day or $3,780 a year. Parents (consumers) want to pay as low as they can for the products (education).

    Third, each teacher teaches roughly 30 kids an hour so $3 x 30 = $90 an hour. Each teacher would make roughly $638 a day PER HOUR! PER CLASS they would make roughly $458 an day. So PER HOUR I see them making roughly $114,840 a year and PER CLASS I see roughly $82,440 a year. Those seem pretty good, but then look at the competition among teachers. There is a decent surplus of teachers so price is going to be pushed down. Teachers might try and bargain minimum wage or yearly salary which will push the price way down into a roughly 60-70k region. Still more than $50,000 a year which is a decent amount but not by much.

    I feel this article made good points, but I feel the parents need to be the judge on this. The one big factor in my opinion of determining salary is getting paid hourly or by classes.

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  2. I want to know what would happen with sports if people were forced to pay for their kids to go to school. I know I have talked with teammates about how the "Christian" schools always get the better athletes. If everyone pays would it be in the Public schools interest to let kids go there for free to play sports? Then there would be all new legislation and a whole bunch of new problems. I don't see teachers getting paid by every person by the hour per kid anytime soon

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Share your unique economics experiences. What did you have to give up to gain that which at the moment seemed so necessary to you? Imperfect information spanked you and now diminishing marginal utility smacks you upside the head, eh?