$5 million fund would provide merit pay for Chicago public school principals

From The Chicago Sun-Times: Four philanthropists are creating a $5 million fund to provide merit pay for Chicago Public School principals. Mayor Rahm Emanuel says the program will train principals to meet a set of expectations outlined in a “principal performance contract’’ that is still being drafted. Chicago Principals Association president Clarice Berry and Chicago Teachers Union President Karen Lewis say research and past Chicago experience indicate that merit pay in education hasn’t proven effective.