“It’s a $40,000-package, it’s the biggest we’ve offered,” Stanford told the New Zealand Herald in an interview.
The scheme, which launches in October, starts with a $5,000 annual lump sum payment in year one, before going up to $11,000 in the fifth year.
“TBS payments are made directly to the teacher. This allows teachers to use the money for what is most important to them,” the Education Workforce’s website said.
A total of 185 placements will be available each year, and it will be up to schools to select a teacher for their vacancy, according to the website.