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Current as of March 28, 2024 | Updated by Findlaw Staff
(a) The State Board of Education shall promulgate rules for an additional high-need school salary bonus, including a hold-back longevity bonus, for each principal receiving master school principal status and serving as a principal of a high-need public school.
(b)(1) The Division of Elementary and Secondary Education shall pay a high-need school salary bonus of twenty-five thousand dollars ($25,000) for every school year for no more than five (5) years to any building-level principal who:
(A) Receives a master school principal designation from the Arkansas Leadership Academy; and
(B) At the time of receiving the bonus of twenty-five thousand dollars ($25,000), is employed full time as a building-level principal in a high-need public school.
(2) The high-need school salary bonus under subdivision (b)(1) of this section shall be paid as follows:
(A) Twenty thousand dollars ($20,000) for each school year a master principal is employed in a high-need public school; and
(B) An additional five thousand dollars ($5,000) to be set aside for each qualifying school year to be paid as follows:
(i) A hold-back longevity bonus of fifteen thousand dollars ($15,000) at the end of three (3) consecutive school years as a master school principal in the same school; and
(ii) A hold-back longevity bonus of ten thousand dollars ($10,000) at the end of five (5) consecutive school years as a master school principal in the same school.
(3) The high-need school salary bonus with the hold-back longevity bonus payable under this section shall be paid in addition to the five-year incentive bonus allowed under § 6-17-1603, if the master principal is within the time frame for eligibility for the five-year incentive bonus.
(c) Regardless of a person's past participation in the Master School Principal Program, a person shall not receive a yearly incentive bonus, a salary bonus, or a longevity bonus if the person leaves full-time employment as a principal of an Arkansas public school district.
Cite this article: FindLaw.com - Arkansas Code Title 6. Education § 6-17-1604. High-need school salary bonus and hold-back longevity bonus - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-6-education/ar-code-sect-6-17-1604/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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