New Jersey public school teachers earn significantly less than other full-time workers in New Jersey: Teacher wage and total compensation penalty using weekly and hourly comparisons, 2012–2014
| Teacher penalty | ||
|---|---|---|
| Pay measure | Weekly | Hourly |
| Wage | -16.8%*** | -13.7%*** |
| (Standard error) | (0.0073) | (0.0073) |
| Total compensation | -12.5%*** | -9.4%*** |
| (Standard error) | (0.0074) | (0.0074) |
*p < 0.05; **p < 0.01; ***p < 0.0001
Note: Table reports the estimated coefficient and the standard error on the indicator for public school teacher. The weekly wage and compensation regression specifications include educational variables of some college, associate degree, bachelor’s degree, master’s degree, professional degree, and doctorate, and also controls for age, age squared, female, black, Hispanic, Asian, married, noncitizen, and weeks worked per year. The hourly wage and compensation regressions add usual hours of work per week.
Sources: Author’s analysis of American Community Survey 2012–2014 data (Flood et al. 2015) and Employer Costs for Employee Compensation survey 2013 data (U.S. BLS 2013)