Does a non-unionized school that pays teachers a higher salary get better results?

(Also read, "Kill them before they grow," by Micheal Porter.)

(Source: CBS News) With state after state confronting massive budget problems, several governors have been looking to extract whatever they can from public employees like teachers, going after benefits packages and guaranteed job security that unions have won for them. But would teachers be willing to give up those protections for a chance to earn a lot more money?

There's a school in New York City that's trying to prove just that. It's a bold new experiment in public education called "TEP," which stands for The Equity Project, a charter school that is publicly funded but privately run. It's offering its teachers $125,000 a year - more than double the national average.
TEP aims to prove that attracting the best and brightest teachers and holding them accountable for results is the essential ingredient to a school's success. Could this school become a national model for the future of public education? That's the $125,000 question.

Katie Couric on paying teachers $125K a year

Video Extra: Teacher accountability
Video Extra: The union's take on tenure 
Video Charter school's $125K experiment

Read the full story and watch the videos here.