Teachers and staff at Making Waves Academy receive a benefits and compensation package that is nearly unparalleled in the San Francisco Bay Area. Highlights include:
COLA Stipend – Making Waves Academy offers a significant COLA (Cost of Living Allowance) stipend (in addition to competitive base salaries) for all full-time employees, intended to help employees supplement income to address Bay Area housing costs, student debt, and/or child care.
The Program for Employees Who Are First-Time Home Buyers or that Have Educational Debts – After three years of service, full-time MWA employees are eligible for a sizable bonus that is forgiven over the five years of their additional employment. This bonus can be applied to a down payment on a first-time home or to pay down or pay off college student loan debt.
Medical Benefits – Our medical benefits include full coverage (medical, dental, vision, and chiropractic & acupuncture) for you and a spouse/domestic partner OR you and any number of children/dependents.
Retirement Benefits – We offer retirement benefits (CalSTRS for instructional staff and an elective 403(b) matching program for non-instructional staff).
Tuition Assistance Program – MWA offers tuition assistance for employees taking college courses in pursuit of additional advanced degrees (employees are eligible after two years of service with MWA).
Tenure Bonuses – MWA employees are eligible to receive bonuses after 4, 8, 12, 16, and 20 years of service.
Employee Children Education: Children of full-time MWA faculty and staff will be moved to the front of the lottery list for 5th-9th grades.