Page 4 - Azerbaijan State University of Economics

THE JOURNAL OF ECONOMIC SCIENCES: THEORY AND PRACTICE, V.78, # 1, 2021, pp. 4-25

A COMPARATIVE STUDY OF TEACHER´S SALARY
FORMULA METHODS, CASE OF REGIONAL SCHOOL
FUNDING

1
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DANA ONDRUŠKOVÁ , RICHARD POSPÍŠIL

1,2 Department of Economic and Managerial Studiesç Palacky University in
Olomouc
Křížkovského 12, Olomouc, CZECH REPUBLIC
E-mail: [email protected]; [email protected],

Received January 25; accepted May 2021; published online 18 June 2021

ABSTRACT:
To assure equity in allocation of the funds for teacher´s salary is a part of national
budgeting policy that aims at providing a quality and sustainable education. Last
decade, many countries have undergone structural changes in the salary funding
allocation. Mostly, the changes in funding formulas are a part of an overall
educational reform. Regional school budgeting is a complex of methods that are
supposed to sustain, develop and react on the social and economic changes. The
paper analyses and compares the school budgeting formulas used for allocation the
public funds for pedagogical and non-pedagogical staff of the secondary schools in
the Czech Republic. A bundle of methods was exploited based on standard search of
the relevant data and literature followed by empirical method of interviewing,
consequently, the analysis of the financial flows followed in order to pursue the
comparison and proceed calculations executed through the use of deductive
methods. It compares the funds received by a chosen group of secondary schools
based on the former and the newly established school funding policy. In order to
proceed the comparison a representative survey sample of selected schools had to be
compiled. The present paper is supposed to be the first applied research that gives a
comprehensive analysis and comparison of funding methods on the homogeneous
group of schools in the determined region. It presents the real and actual data and
own calculations necessary for further evaluation. It reveals the main drawbacks and
allows to evaluate the efficacy of present budgeting.

Key-Words: Funding, budgets, educational policy, salary, school

Jel classification: I22, I23, I25
Grant affiliation: This paper was supported by the Grant of Faculty of Arts, Palacký
University in Olomouc: Barriers to the expansion of sustainable consumption, No.
IGA_FF_2021_001.

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