Midland teachers get a $6M 'thank you'Midland teachers get a $6M 'thank you'https://www.recenter.tamu.edu/news/newstalk-texas/?Item=41412014-05-22T06:53:00Z2014-05-22T00:00:00Z

MIDLAND - The Midland ISD Education Foundation has received $6.25 million in donations for teacher signing and re-signing bonuses from eight area companies and foundations.

Entities providing donations include Concho Resources, Pioneer Natural Resources, Apache Corp., Warren Equipment Co., Chevron, the Abell-Hanger foundation, the Henry foundation and the Scharbauer foundation.

The donations will allow Midland ISD to offer 325 signing bonuses worth $10,000 each to any new, qualified teacher who commits to working in the district for at least three years, and 1,200 re-signing bonuses worth $2,500 for all current qualified teachers who sign on for the 2014–15 school year.

The specifics on the agreement for the signing bonus have not yet been finalized, but the $10,000 sum will be paid out over three years, according to Superintendent Ryder Warren.

Normal attrition across the state is about 10 to 15 percent, whereas Midland ISD’s rate is closer to 18 to 20 percent.

Read more at the Midland Reporter-Telegram.

Listen to Podcast 216 for this story and more.

Midland Reporter-Telegram
Read more at {Source}

 Search NewsTalk Texas