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Praise for the First Edition: It was refreshing to read a thorough exploration of such a complex issue. The ideas which are proposed are of interest ot policy makers, trade union negotiators adn headteachers' - Management in Education The demand for more innovative, more competitive, and more motivating compensation plans for teachers is growing every day . . . and now Allan Odden and Carolyn Kelley have updated their classic book on teacher compensation to give school administrators all the new information and insight they need to start moving in the right direction. The Second Edition of Paying Teachers for What They Know and Do describes various pay and compensation initiatives currently in use across the country, including signing bonuses, upgrades in teacher pensions, higher salaries to those who are willing to work in more challenging schools, and other approaches. It also explores the different types of compensation plans used in the private sector as well as systems based on the continued acquisition of skills, knowledge, and experience