Is a master's worth it for Ontario teachers?
Moving up a QECO category (say A1 to A4) is worth real money for the rest of your career. Put in your board and see the lifetime difference on the actual grid.
Short answer: yes, if it moves your QECO category. A4 pays roughly $20,000 to $23,000 more a year at the top than A1, which is well over $100,000 across a career.
A rough estimate using HDSB's current grid, assuming you move up one step each year. It doesn't count the cost or time of the qualifications, or raises to the grid itself. A master's alone doesn't always reach A4, it usually needs to be combined with specialist qualifications.
How the category upgrade actually works
Your pay is set two ways: your step (one per year of experience) and your QECO category (your education). You can only climb steps by working; the faster lever is category. Moving from A1 to A4 lifts every step you're on, for the rest of your career.
A master's degree helps, but on its own it doesn't always reach A4, it usually needs to be combined with a degree plus specialist qualifications. Additional Qualification (AQ) courses and an Honour Specialist can also move you up, often faster and cheaper than a full graduate degree.
The calculator is an estimate on your board's current grid and doesn't subtract the cost or time of the courses. Check your exact placement with QECO and your board.
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