Business Group Offers Cash Bonuses to N.Y.C. Educators

By Beth Reinhard

A New York City business group is offering $30 million to teachers and administrators whose students achieve higher test scores, banking on the theory that what works in the boardroom will work in the classroom.

The New York City Partnership and Chamber of Commerce said last week that it will dole out the money over five years, starting with one Brooklyn district in the fall and adding two more next year.

The bonuses could reach $30,000 each for superintendents, $15,000 for principals,...