According to a recent The Miami Herald, principal Larry Feldman recently decided to postpone his retirement and offer his services to the cash-strapped Miami-Dade School District for an annual salary of $1 plus benefits.(Now that's what you call commitment.) The district declined Feldman’s proposition because it would be too difficult to replace him, considering his budgeted $1 salary, should he decide to leave before the year was over. Still, some parents have launched an e-mail campaign, and are considering a petition in favor of the popular principal's offer. Stay tuned.

re: Principal Offers to Take a Serious Pay Cut

I do believe that this situation is a true picture of the principal's dedication to the field of education. But, is it realistic? Is it really possible for the average educator to offer to take a $1 salary in order for the school district to "get back on it's feet?" I think it was a generous notion and a kind deed, but not very realistic.

re: Principal Offers to Take a Serious Pay Cut

It isn't realistic, that why its so noteworthy. Maybe he is acting on faith that a salary will be found for him somewhere, based on his dedication. Anyway, I'm inspired, as an educator, parent and taxpayer. What a guy.

re: Principal Offers to Take a Serious Pay Cut

Although I feel the principal in the formentioned story was very dedicated to his district, by volunteering to work for a $1 plus benefits the principal would reak havock on the budget for following school years. It would be merely a band-aide and not a realistic fix to a larger economic problem.

re: Principal Offers to Take a Serious Pay Cut

The principal in the story above is certainly willing to do whatever it takes. It may not be realistic, but it certainly seems to have gotten the parents and community members in his district fired up about improving a struggling school. Hopefully this situation can be used in a positive way to strengthen positive community and parent involvement within the school.

The first thing that I thought when I read this was "wow, now that is showing a lot of heart." Unfortunately, the second thing that this made me think about was performance based salaries. I don't think that anyone is going to have their salary dropped to $1 becuase of their performance, but it suggest that educators should take cuts to help out when their school is struggling financially. The state and federal funding needs to step in to aid these types of problems. If you start to expect teachers to give up signifigant portions of their salaries you can expect your teacher turnover rate to start rising quickly.

re: Principal Offers to Take a Serious Pay Cut

I agree with Chad. The gesture to work for such a small pay of $1 and benefits shows dedication, but is unrealistic for the school to fill the position very easily after the year is up. Not only will the budget have a temporary fix, what will the district and community expect when someone else takes the administrators spot and actually wants a salary. Will he/she be under scrutiny for actually wanting good pay. Now if you can't work for a dollar, which is an obvious extreme, then you aren't humble, right? I think the salary cut is fine, but to honestly set the bar SO extremely low hurts the future of the job for other candidates and is a temporary fix.

re: Principal Offers to Take a Serious Pay Cut

Maybe I am way out in left field here, but I do not understand why I seem to be the only one who thinks this is a great idea. There are people who work simply for intrinsic rewards. This principal has obviously been working for awhile. If he invested his money correctly, he is probably a millionaire. He obviously needs to have medical, but that might be all that he needs. This person is volunteering his time and service for free, and this district rejected his help. They should embrace it, nurture it, and respect it. I guess altruism, along with chivalry, has met its demise.

re: Principal Offers to Take a Serious Pay Cut

Why not? It’s not like it’s never been done before. Just budget the money for the job as though the district conducted a search and hired a new principal. In fact take the whole year and make sure your getting the person you what. Many administrators are hired from within because they are a known commodity. As a district why not take the savings and the time as an opportunity. How often does a school district have the opportunity to save money, have time to act, and retain experience?

re: Principal Offers to Take a Serious Pay Cut

It seems that people who try to do things for the right reason often are unappreciated. I have no doubt that Mr. Feldman had the best of intentions and came to his decision hoping to offer something back to his former employer. It seems silly for the board to turn away a dedicated leader.