You are here: Home - Household Bills - News -

Government to offer £3,000 bonus for new teachers

Written by: Emma Lunn
The salary boost, announced by Boris Johnson at the Conservative party conference, is similar to a scheme scrapped a year ago.

Maths, physics, chemistry and computing teachers in the early years of their careers will be able to get a salary boost of up to £3,000 tax-free if they take jobs in disadvantaged areas.

The package will be available to eligible teachers in the first five years of their careers, and is backed by a commitment of £60m in funding.

The government says evidence indicates premiums that deliver a 10% increase in pay could reduce leavers from among early career teachers in shortage subjects by 30%.

However, the new policy was criticised by Labour. Kate Green, Labour’s shadow education secretary, said: “The Conservatives have no idea how to improve education and outcomes for young people. The premium announced today is a less generous recycling of an old policy that Boris Johnson’s government scrapped just a year ago.

“Under the Conservatives teacher vacancies have more than doubled, school funding will be lower in real terms next year than it was in 2010 and the promised £30,000 teacher starting salary has still not been delivered.

“Labour has set out a clear plan to deliver an excellent education to all with over 6,500 new teachers and ongoing professional training to ensure every child is taught by a highly skilled expert teacher. Combined with professional careers advice and reintroducing compulsory work experience, and embedding digital skills across the curriculum, Labour would ensure every young person leaves school with the skills they need for life.”

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

The savings accounts paying the most interest

It’s time to get your finances in shape, and moving your cash savings to a higher paying deal is a good plac...

Everything you need to know about being furloughed

Few people had heard of ‘furlough’ before March 2020, but the coronavirus pandemic thrust the idea of bein...

The experts’ guide to sorting out your personal finances in 2021

From opting to ‘low spend’ months to imposing your own ‘cooling-off period’, industry experts reveal t...

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Having a baby and your finances: seven top tips

We’re guessing the Duchess of Cambridge won’t be fretting about maternity pay or whether she’ll still be...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co...

Money Tips of the Week