I’ve posted this before (and probably better) but will attempt it again:
Why are some jobs paid more than others?
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Does your job require extensive education? The more it does, the less supply their will be and wages will tend higher. In addition, people with education in fields people tend to find hard or uninteresting means supply will be lower and so wages tend to be higher.
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Does your job have a professional board or something that limits supply? This means that people have to jump through extra hoops and cannot just ‘hang out a shingle’ after they graduate. This limits supply and so ups pay
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Does your job benefit the many or the few (or one). The more people your job benefits the lower your pay will tend to be. Journalists benefit is to society and so is difuse - therefore people are unlikely to pay much for it. If you are up on a murder rap though…and you will pay for the best lawyer you can…that lawyer is benefiting one person - you…and so you are willing to pay.
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What is the immediate price for your employer if you fail?
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What is the price to your employer of being good at your job but not DAMNED GOOD. IF there isn’t a large difference between good and damned good…your pay will tend lower.
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How quickly can you be replaced if you just walked out this minute from your job? The more quickly you can be replaced, the lower your wages can be.
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What is the difference between a ‘journeyman’ in your career versus a seasoned expert? Little difference means lower pay.
So, how does teaching stack up?
Well, teaching requires a college degree which is something. However, society does not seem picky about this. The Education Colleges have their own degrees but they are (at least for math) extremely watered down. A typical Math education degree is roughly equivalent to a Math minor. In addition, States can offer ‘3 week programs of Calculus’ where teachers can go and getcredit for Calculus and are then ok to teach math (true story). Therefore, while the college degree requirement is something, it has been watered down as much as it can to limit this bottleneck.
Teaching really does not have a professional board. Teachers cannot limit their own supply to make themselves more valuable as, say, Medicine does.
Teaching benefits the many. To make this worse, many people paying for the service do not partake of it at this time (no school age children) and so really do not care. So, not only benefit the many but the ones that they do benefit do not pay most of the bills.
If you fail, your students suffer. There is no immediate consequences that anyone can see. Maybe Johnny didn’t become a doctor which he would have if I had taught him instead of you…but who would ever know?
Having a good teacher in the classroom instead of a damned good one…just is very hard to see. Unlike, say, a salesperson who continously lands the multimillion dollar contract versus million dollar contracts…or the Pro Football Quarterback who gets his team into the Superbowl.
Teachers can be replaced in 3 minutes…and that is being generous. Using me as an example…yes I can be replaced…however it would cause discomfort for the company that employs me. Therefore, they make sure that my wages are not falling behind relative to competitors.
The difference between a 5 year experience teacher and a 20 year one is really not all that great. Sure, it exists, but it is not near the gap as many other careers.
You can see that teaching really struggles on these things. It is no wonder it pays shit. I’m actually surprised it pays as much as it does and expect salaries to trend down even more in the future.