It’s More Than Money is the final evaluation of a comprehensive, performance-based system initiative in the Charlotte-Mecklenburg Schools. CTAC’s evaluation demonstrates that high-quality Student Learning Objectives (SLOs) contribute to improving teaching and bolstering student growth. Findings show statistically significant multi-year improvements in growth rates for students of teachers with SLOs compared to those in peer schools without SLOs: 12% greater growth on average in math and 13% greater growth on average in reading.
This five-year study examines the genesis, development, and implementation of the SLO approach together with the incorporation of a value-added measure approach. It provides a study in the opportunities, complexities, benefits, and challenges that arise in measuring and compensating the impact of teacher effectiveness on student growth. It is a chronicle that draws one into the promise of performance-based compensation and a cautionary tale that alerts any district starting down this path that significantly more is at stake than money alone.