Penn Harris Madison teachers are about to have the highest salaries in the area.
The school board approved an agreement during their meeting on Monday, Nov. 12, that increases the minimum base salary at the school next year to $40,350 dollars.
That makes the district the first in the area to pass the $40,000 dollar mark.
The superintendent says that increase will help attract and retain teachers in a highly competitive market.
Below is more information about the salary increase from a news release issued by the Penn Harris Madison School Corporation:
At the Board Meeting held Monday, November 12, the Penn-Harris-Madison Board of
School Trustees approved the agreement between the P-H-M Teachers Association and the School Corporation increasing the minimum base starting salary for current P-H-M teachers and new hires for the 2019-2020 school year to $40,350—not only making it the highest starting teacher salary in the area, but also the school district in our area to reach the $40,000 mark. This is the 6th year that P-H-M teachers have received a pay increase.
“In a growing competitive market to attract and retain quality, experienced educators,” said Superintendent Dr. Jerry Thacker said “we were committed to collaborating with our Teachers Association to ensure that P-H-M’s commitment to excellence in education remains intact—this agreement helps make that happen. Teachers are a valuable component to our corporation’s ‘Triangle of Success.’”
The PHMTA membership overwhelmingly ratified the agreement Wednesday, Nov. 7, 2018. The collaboration between P-H-M administration and the Teachers’ Association shows the value and vision that both sides share in attracting and retaining the area’s most highly qualified teachers.
The new P-H-M teachers’ contract agreement covers a one-year period from July 1, 2018 through June 30, 2019.
All eligible teachers who have completed one or more years of experience will receive varying combinations of base salary increase and a one-time stipend totaling $2,450 for the 2018-2019 school year. All eligible teachers will receive no less than a $1,000 increase in their base salary.
For current eligible P-H-M teachers, the agreement will be retroactive to the start of the 2018-2019 school year (July 1, 2018) and will be reflected on or before the December 14, 2018 pay day, along with the teacher’s one-time stipend amount.
• Current first year teachers with a base salary of $39,300 will receive a $1,050 salary increase
• Base salary range $39,300 – $50,424 will receive a $1,550 salary increase plus a one-time $900 stipend
• Base salary range $50,850 – $58,011 will receive a $1,350 salary increase plus a one-time $1,100 stipend
• Base salary range $58,641 – $ 68,028 will receive a $1,000 salary increase plus a one-time $1,450 stipend
