| Aspect | Teacher Sign On Bonus | Teacher Contract Bonus |
|---|
| Purpose | One-time incentive for new teachers signing a contract | Additional bonus based on contract length or performance |
| Timing | Paid at the start of employment | Paid periodically or at contract completion |
| Eligibility | New hires or those switching districts | Existing teachers with renewed or extended contracts |
| Impact | Encourages immediate hiring | Rewards ongoing commitment or performance |
In summary, a Teacher Sign On Bonus is a one-time payment offered to new teachers upon hiring, while a Teacher Contract Bonus is typically awarded based on contract renewal, length, or performance. Both serve as incentives but differ in timing and purpose.