| TARGET CALCULATION EXAMPLE |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| TABLE 3:
CALCULATING 2002-2003 INCREASE NEEDED TO MEET SREB ADJUSTED SALARY AVERAGE |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| INPUT--Projected
2001-2002 Louisiana Average Teacher Salary = $ 36,300; derived by adding to
2000-2001 estimate of $34,253 (Source: NEA) $2000 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| PROCESS-
Calculate SREB Adjusted Simple Average Teacher Salary By Adjusting for
Cost-Of-Living, Education and Years of Experience |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| RESULT =
$37,900 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| REQUIRED
INCREASE IN 2002-2003 TO REACH SREB TARGET = $37,900-36,300+ 36,300
X1.031-36,300 = $2,725 or a 7.5% INCREASE |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| NOTE: ESTIMATED SREB ADJUSTED AVERAGE SALARY 2003-2003 = $
39,000 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|