Teacher-Pay Plan in Denver Gets Foundation Boost
Three foundations announced last week that they are granting the Denver school district more than $2 million to support the setup of a new teacher-compensation system that rewards teachers not for how long they’ve been on the job, but for their skills and accomplishments in the classroom.
The Denver-based Rose Community Foundation is donating $1 million to help cover the costs associated with phasing in the new system, called ProComp, or the Professional Compensation System for Teachers.
The Los Angeles-based Broad Foundation has awarded the 70,000-student district $650,000, which will also be used for the transition to the new pay system that educators and policymakers...
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