Assistant principals in the Chicago Public School system earn impressive salaries. Depending on experience, annual salaries range from a minimum of $92,964.57 to a maximum of $125,703.93, according to official salary information posted on the CPS website in 2011. The average salary is $109,334.25.
Assistant principals in Chicago Public Schools perform duties as assigned by the principal. An assistant principal could have responsibility for parent-teacher conferences when a school administrator's participation is necessary, and the assistant principal could have primary supervisory responsibility for all after-school events, such as athletic events and socials. Assistant principals have a number of other administrative duties as well, including possibly evaluating disciplinary action against students.
Hours are long for a CPS assistant principal. Unlike teachers, assistant principals must work even during the summer months when school is not in session. Assistant principals typically arrive at school before classes begin and stay several hours after school to supervise school events, meet with parents or finish administrative tasks.
The high level of pay for CPS assistant principals is also intended to help attract talented administrators who -- without the lure of an outstanding salary -- might be reluctant to work at some schools in rougher parts of the city. Like any other large, urban city, Chicago has schools and neighborhoods that are more desirable than others. However, all assistant principals earn similar pay regardless of the locations of their schools.
Pay increases are automatic for CPS assistant principals who perform satisfactorily. The CPS pay scale increases the assistant's principal salary each year with all principals in certain administrative grade levels receiving the same step up in pay regardless of overall performance. In addition to their annual salaries, assistant principals for CPS receive contributions to a pension plan. Contributions to the pension plan range from about $7,000 to $9,000 each year. That's significant employer-provided funding for a retirement plan.
CPS assistant principals looking to earn even more money through CPS must seek advancement to principal. As of 2011, beginning principals start with a total compensation package of $122,320.57 and can earn as much as $165,765.32.