Survey Finds Educators Spending More Time Year-round to Achieve Success Amid Financial Worry
A national survey of teachers, administrators and other K-12 school employees found that educators dedicate extended hours during the school year and over summer break to student success while feeling unsure about retirement and stressed about personal finances.
Dedicating "extra" time:
Three out of four (77%) respondents said they dedicate at least seven extra hours per week above and beyond the requirements of their position during the school year. More than half (57%) of respondents said they dedicate ten hours or more.
Nearly three out of four (74%) respondents also indicated that preparing for the upcoming school year would be one of their top activities during their summer break, while 54 percent identified professional development as a top activity. A higher percentage of millennial respondents planned to spend time over the summer preparing for the next school year than their older colleagues, at 85 percent compared to 70 percent.
"We hear many stories about the extra time and personal resources our LifeChangers invest in their students' success." said
Concern about retirement and finances:
Forty-three percent of all respondents said personal finances is their biggest stressor followed by time and prioritization (30%) work (13%), and health (6%).
Millennial educators are more stressed about retirement than their older colleagues. Sixty percent of educators under the age of 40 said that personal finances are their single greatest source of stress compared with 36 percent of educators aged 40 and over.
Although 62 percent of respondents plan to leave education after turning 60, more than half (55%) either don't believe they'll have a secure retirement or are unsure.
The majority (70%) of respondents are counting on their state pension plan as their main source of retirement income followed by 403b plans (47%), part-time work (46%), and other investments (41%).
Keys to success:
When asked what qualities make them successful, the top three responses were the desire to help others (65%), patience (50%), and a commitment to lifelong learning (43%).
To combat stress, educators have adopted a number of strategies to take care of themselves. When asked, "What do you do for you?" respondents identified reading, exercising, and spending time with family as their favorite ways to decompress.
"I have a list of ideas to care for myself spiritually, physically, mentally, emotionally, and with my health that hangs on my bathroom mirror. I try to apply one thing in each category every day," one respondent said.
ABOUT THE SURVEY
The third annual online survey was conducted by
View the full survey infographic at https://www.lifechangeroftheyear.com/2018-summer-survey.
Contact:
(802) 229-3866
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Read the full story at https://www.prweb.com/releases/survey_finds_educators_spending_more_time_year_round_to_achieve_success_amid_financial_worry/prweb15749262.htm
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