They are paid 10 months over 12.
In the past they used to just be paid for 10 months they are working and in the summer they received no pay. Then they had an option of spreading it out over the 12. Then the government realized they could save money through deferred payment and made the 10 over 12 mandatory.
Top pay for a class room teacher is mid 90s (10 years at the top pay grade--A4). That is the educational equivalent of a Master’s Degree. Now technically the mid 90s is for only 10 months so that works out to 114K per year (TOP pay scale only) IF they were paid for the full 12 months (not 10 over 12). In most professions a person with 10 years of experience and a professional level education equivalent to a master’s degree would be in that range (some less, some more). I am not talking about an arts degree here, but a professional degree. The pay for the lower pay grades is lower, and is entirely based on education level and years of experience with a cap at 10 years.
The number of unemployed teachers is more about the greed of the universities and about the high number of arts student grads. Teachers College WAS a 1 year program in Ontario. Many grads from unemployable degrees saw it as a way to fix their mistake. One more year of school and they can have a job… Then the universities saw a cash cow and churned them out in very high numbers. Add to this the grads unwillingness to move (they wanted a quick easy fix, moving is out of the question) to another part of the province meant that around the BEd schools the number of unemployed teachers is much higher, while other parts of the province are importing teachers from US schools or other provinces. There was obviously not enough oversight. This has been partially corrected, the program was just changed to a two year degree and the total number of students was not allowed to change. So now it is two years, less appealing as a mistake fix (twice the time twice the cost), there will be half as many grads per year going forward, longer term fix. In Alberta for example the teaching degree is a full four year program like other professions' undergrad degrees (Nursing, Engineering, etc.).
The move to a two year degree should also remove many of the future slacker teachers many complain about, many of these were the arts students looking for an easy mistake fix.
I am not saying they do not have it good, but if you don't know or understand how it works try asking first, many here are more than willing to explain it. Otherwise haters gonna hate, facts just get in the way of the hate...
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. So what profesional field is it, we don;t need details beyond that, I am interested to steer my kids away from it if it pays so little...