What does a teacher make? "Not nearly enough" is the almost universal answer. Scan a site like Salary.com
and check out competing jobs. You will see that the problem with teaching is that we demand highly qualified, well-credentialed individuals with experience to take jobs for which we literally pay them less than a dog catcher.
The cynics will say that teachers are well-compensated for what they do. After all, they get all those holidays. And they only work for ten months anyway. The reality is that teachers invest inordinate amounts of time preparing lesson plans, learning new techniques, keeping certifications current and so on. And then there is the cost of that bachelor's degree, the masters and doctorate. Let's face it, the ROI is job satisfaction, not financial reward.
Private school teachers are more fortunate than most public school teachers. Why? Because they get to teach their subject to small classes. Real learning takes place in most private school class rooms as a result of low student to teacher ratios. Discipline is rarely a problem. What does this have to do with teacher compensation? Combine job satisfaction with a reasonable compensation package and you will have a happy teacher.
Private school teachers enjoy many perks which are not generally found in the public sector. These include free or reduced tuition for faculty children, meals and housing at boarding schools.