After publishing “I Almost Got a Raise This Year” it received lots attention. It got me to thinking “what would a direct compairison between salary raises and insurance rate changes look like”. So I put the numbers in to a spread sheet and they were very disturbing and disheartening.
I Almost Got a Pay Raise This Year!!!- The Follow-up
This is Excel Spread Sheet that I came up with. It covers a ten-year period from 2003-2004 through the changes for 2013-2014.
The numbers are based on a starting salary of $30,000 in 2003-2004, with an annual 3% raise. I realize that over the last ten years many districts have not given their employees much of a raise.
Highlights (or low-lights in this case).
Family Rates: Over a ten year period an employee will actually will take home $83. 21 less in year 10 than in year one…wow.
Employee Only: Net monthly increase over ten years, $482.79.
Employee and Spouse: Net Monthly increase over ten years, $219.79
Employee and Children: Net Monthly increase over ten years, $257.79
Examine the Spread Sheet and make any more observations that you like. Please share them with me. I would like to share them with everyone.
David R. Taylor
25 Year Teacher, Coach, and Principal
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