Why Do Northwestern Academy Pays Employee Pay

Northwestern Academy is anything but average, and that is reflected in its employees’ compensation. Northwestern Academy generously pays its employees above the market average for private high schools because it is in a different, unique category. Due to Northwestern Academy’s unique positioning as an elite high school, it is more on par with a college or university and its employees are compensated as such. Generous compensation is key to attracting the best and brightest in their fields. Additionally, due to the fact that one’s salary is often correlated with their sense of self-worth and with their value to the company, Northwestern Academy works to ensure that all of their employees are well-compensated and valued. An employee’s base

Many teachers possess the innate desire to help people better their lives through education. This is why we do not believe financial incentives would truly motivate teachers to perform at a higher level. Additionally, years of research by the National Education Association has concluded a few key findings that also factor into our decision of not financially incentivising teachers. The first one mentioned in “Implementing a Teaching Incentive Program,” by Ted Baker, is that salary compensation paid to faculty members is inversely related to the number of hours taught. This is mainly attributed to certain professors engaging in a high quantity of research. At Northwestern Academy, we do not expect our professors to engage in academic research, as we would rather have them spending time educating our students. Secondly, William H. Honan, New York Times editor, once stated, “The basic mission of higher education [is] preparing students to take part in their civilization.” At Northwestern Academy, we aim to do just that; better prepare our students for their futures. Our teachers success directly correlates with our business strategy, and therefore would like to motivate our professors as much as we can; however, we do not feel financial incentives to professors would lead to better prepared

We focus on benefits that are most valued by employees in addition to ones that align with our overall strategy. However, governmental laws and regulations play a central role in the design of any benefit package.Unemployment, social security and workers compensation are three of the required benefits that any company must provide their employees with. In addition to that, the Academy provides the following benefits (appendix 1). But what sets us apart from other competitors in the market is our employee wellness