Teacher wage and compensation penalties using different comparison groups, 2012–2014
| Teacher penalty | ||
|---|---|---|
| Weekly | Hourly | |
| Comparison with other full-time workers who are residents of New Jersey (but may work outside of New Jersey) | ||
| Wage | -16.8%*** | -13.7%*** |
| (Standard error) | (0.0073) | (0.0073) |
| Total compensation | -12.5%*** | -9.4%*** |
| (Standard error) | (0.0074) | (0.0074) |
| Comparison with other full-time workers who both live and work in New Jersey | ||
| Wage | -13.3%*** | -10.9%*** |
| (Standard error) | (0.0077) | (0.0077) |
| Total compensation | -9.2%*** | -6.8%*** |
| (Standard error) | (0.0077) | (0.0077) |
*p < 0.05; **p < 0.01; ***p < 0.0001
Notes: 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)
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