This study aims to investigate how effectively performance-based pay plans for teachers is being enforced as an inducement for improving their job satisfaction. For this purpose, it analyzes what effects teacher's perception toward the performance-based pay system has on job satisfaction. The followings are the conclusion based on this study. The conclusion drawn from the results of this study is as follows.
First, the level of an overall perception toward the performance-based pay system for teachers was found to be a little below the average, their job satisfaction being a little over the average. Second, it was proved that there was a statistically significant correlation between teachers' perception toward the performance-based pay system and their job satisfaction. Third, It was really intriguing that perception toward the performance-based pay plan for teachers showed a positive effect on job satisfaction as a whole.
Based upon these results, it can be drawn that the more positive teacher's perception toward the performance-based pay system is, the higher the level of their job satisfaction. Therefore, it can be concluded that teacher's perception level should be raised through improving the performance-based pay plan in order to improve their job satisfaction.