Education Commons^™

Merit Pay In Arkansas: An Evaluation Of The Cobra Pride Incentive Program In The Fountain Lake School District, Nathan Charles Jensen

Graduate Theses and Dissertations

Starting in the 2010-11, administrators at the Fountain Lake School District implemented the Cobra Pride Incentive Program (CPIP), a merit pay program designed to financially reward all school employees with year-end bonuses primarily for significant improvements in student achievement. At the conclusion of the 2010-11 school year, over $800,000 in bonuses were distributed to school personnel. Because of the substantial investment in this program, it was important to determine how the CPIP impacted the school counselors, teachers, and students of Fountain Lake, to see if any of the potential benefits of a merit pay program were realized.

The results from …

A Study Of The School Principal Labor Market In Arkansas: Implications For Incentive-Based Compensation Policies To Improve Principal Quality, Marc Jacob Holley

Graduate Theses and Dissertations

Improving principal quality in Arkansas may be a partial solution to the public policy problem of low performing public schools. Just as policymakers in other states are beginning to explore incentive-based compensation policies to improve principal quality, education policymakers in Arkansas should look to these policies as a way to align goals and minimize agency costs. Setting incentives tied to transparent, publicly available performance measures can resolve monitoring difficulties inherent in principal-agent relationships and can improve goal congruence by signaling clearly about policy priorities. Before plowing forward with performance pay reforms for school principals, Arkansas policymakers could make better decisions …