Be clear about expectations for the principal regarding duties during special breaks, e.g. Christmas and Spring breaks. For example, if the principal does not report during Christmas break, is that considered part of the four weeks of vacation time given to the principal. While some of the above details may need to be negotiated later, there does need to be some general agreement up-front regarding paid vacation and days off. One of the best financial investments a school can make is in its principal and teaching faculty. An effective principal is critical to articulating and achieving the school's mission.
Effective principals lead in securing the funds to carry out that mission.
The salary you offer your principal is a key indicator of the importance you attach to the ministry of your school. Allocating sufficient funds to secure the best principal possible is one of the wisest decisions a Lutheran school board can make. A Web site containing a wealth of information about public and private school including financial and salary information nationally and by state.