X Target financial incentives: Provide funding to support differential compensation or retention bonuses; Compensate teachers who mentor and help retain other teachers; Provide classroom materials and resources; Offer opportunities for advancement and income through career paths for teachers; Offer richer benefits, such as retirement benefits to part-time teachers; and Offer opportunities to teach or mentor after retirement; X X Establish hiring bonuses (ABTEL recommends awarding a portion at entry and the remainder after a designated period of successful teaching); X Conduct research to identify the by region to “sweet spot” recruit and retain teachers relative to benefits, salary, and conditions; X X Provide relocation assistance; X Work with student loan companies to amortize loans over 30 years; X X Consider loan forgiveness programs; (provide information about the availability of federal loan forgiveness programs which may be underutilized); X Utilize funding for scholarships; X X Evaluate and leverage the Virginia Teaching Scholarship Loan Program for critical shortage areas expand impact for minority – teaching candidates; X Encourage and support pathways for first generation higher education students;
Target financial incentives: Provide funding to support differential compensation or retention bonuses; Compensate teachers who mentor and help retain other teachers; Provide classroom materials and resources; Offer opportunities for advancement and income through career paths for teachers; Offer richer benefits, such as retirement benefits to part-time teachers; and Offer opportunities to teach or mentor after retirement; X Establish hiring bonuses (ABTEL recommends awarding a portion at entry and the remainder after a designated period of successful teaching); X X Conduct research to identify the “sweet spot” by region to recruit and retain teachers relative to benefits, salary, and conditions; X Provide relocation assistance; X X Work with student loan companies to amortize loans over 30 years; X Consider loan forgiveness programs; (provide information about the availability of federal loan forgiveness programs which may be underutilized); X X Utilize funding for scholarships; X Evaluate and leverage the Virginia Teaching Scholarship Loan Program for critical shortage areas – expand impact for minority teaching candidates; X X Encourage and support pathways for first generation higher education students; X