[jorvi]

A secondary question is: is the pay increase high enough to induce more talented people to become a teacher?

If all it does is pull higher quality teachers from other places, it is zero sum and all you eventually end up with is the same quality schooling for a higher price.

I do think teachers as a whole should be paid well, but that is a separate discussion.

[dwater]

When I left teaching my salary went up 50% on day 1, to 100% after about a year, to 150% after 2 or 3 years, and has continued climbing significantly since. If I had stayed my salary would have lagged inflation. The pay for performance bonuses I've heard of have never been more than 20% of a teacher's salary. I'm not typical because I have CS and Math degrees, but still, I have no intention of ever considering returning to teaching.

Not part of this discussion, but I did work with people who left public schools to work at charter schools because you could get 25-50% more there, but they rarely stayed more than 2 years because of the working environment being more toxic than at public schools.