Under a performance-related pay system, rather than a time-based system, top teachers could be able to earn as much as £70,000 a year within an estimated five to eight years, according to a new report.
The paper says that this could attract more graduates to the profession, driving up the quality of teaching in schools across the country. According to the Department for Education, the current salaries are:
- Qualified teachers in maintained schools currently earn a minimum of £21,804, or £27,270 in inner London
- Senior teachers can make up to £57,520, or £64,677 in the capital
- Head teachers can reach a salary of between £42,803 and £113,303.
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The letter was signed by the CBI, British Chambers of Commerce, the EEF, the Institute of Directors and the Federation of Small Businesses.
A spokesperson said Rory Stewart's remarks were in line with the British government’s stated position.