This brief uses survey data from over 2,000 teachers in Virginia child care centers and family day homes to describe teachers’ experiences with financial incentives during the pandemic. These teachers were eligible for Virginia’s Teacher Recognition Program (TRP), which provided up to $2,000 in financial incentives to teachers who remained employed at their sites over a 6-month period. We describe the impact of these incentives on teachers’ sense of feeling appreciated in their job, financial well-being, and retention. (author abstract)