• LinkedIn
  • YouTube
  • Twitter
  • Facebook
  • Google+

N.J. school teachers accept lower raises

by on
in HR Management,Human Resources

New Jersey public school teachers are accepting smaller raises in the wake of the ailing economy and state aid cuts. Statistics compiled by the New Jersey School Boards Association show that 33 new collective-bargaining agreements resulted in an average 3.35% pay increase for teachers, down from 4.35% in 2009.

Teachers in 12 districts agreed to Gov. Chris Christie’s request to freeze teacher pay for one year.

Overall, state aid to schools has been cut by $820 million. With New Jersey property owners paying some of the highest property taxes in the nation, school districts are being squeezed—and are in no mood for a tax hike that could free up money for pay raises.

Like what you've read? ...Republish it and share great business tips!

Attention: Readers, Publishers, Editors, Bloggers, Media, Webmasters and more...

We believe great content should be read and passed around. After all, knowledge IS power. And good business can become great with the right information at their fingertips. If you'd like to share any of the insightful articles on BusinessManagementDaily.com, you may republish or syndicate it without charge.

The only thing we ask is that you keep the article exactly as it was written and formatted. You also need to include an attribution statement and link to the article.

" This information is proudly provided by Business Management Daily.com: http://www.businessmanagementdaily.com/12028/nj-school-teachers-accept-lower-raises "

Leave a Comment