North Carolina State Board Members approved performance-based bonuses for principals who qualify based on the Education Value-Added Assessment System (EVAAS)growth index score for the school.
The General Assembly appropriated $7 million for two bonus programs during its 2017 long session (Appropriations Bill 2017-57 Section 8.4). Principals will receive bonuses if:
~They supervised a school that had a 2016-17 growth score in the top 50 percent of the schools in the state. Bonuses range from $1,000 – $5,000 depending on the school’s statewide growth percentage.
~They supervised a school that either met or did not meet expected growth in 2015-16 but exceeded growth in 2016-17. If the school received a performance grade of A, B or C during 2015-16, the principal will receive a $5,000 bonus. If the school received a D or F school performance grade in 2015-16, the principal will receive a $10,000 bonus.
Principals in traditional, charter and regional schools are eligible to receive the bonuses if they qualify. They also can receive both bonuses. However, to receive the bonuses they must have been employed prior to July 1, 2017. The bonuses will be paid no later than Oct. 31.
Board members also passed a motion directing the State Board of Education Chairman and State Superintendent to send a letter to the North Carolina General Assembly expressing their appreciation for additional funding for principal pay and stressing the urgency in extending the principal pay hold
harmless provision through the 2018-19 school year.