Academy chains ordered to justify paying bosses more than £100k

According to The Independent,  nearly 30 academy chains have been ordered to justify paying their chief executives or headteachers more than £100,000 as part a government drive to curb excessive salaries.  

The academies must provide more details on the pay of executives who earn more than £150,000 – and those earning £100,000 if two or more people in a school earn a six-figure salary.

It comes after financial accounts revealed that the head of Holland Park School, an academy in Kensington in west London – once dubbed the “socialist Eton” – saw his pay rise to £260,000.

The single-school academy trust was among the chains that received the letter from the minister, which calls on trusts to work with the government on the “divisive issue” of high pay.

A report from the Public Accounts Committee last year said academy trusts that pay their bosses “unjustifiably” high salaries could spend taxpayers’ money better on improving children’s education.

Lord Agnew, minister for the school system, said: “The best academies place freedom in the hands of school leaders but with that autonomy comes greater accountability and transparency, which is exactly why I am insistent that the salaries of their executives are justifiable.

Read more Academy chains ordered to justify paying bosses more than £100k

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Comments

  1. Eric Walker

    Lord Agnew, ” I am insistent that the salaries of their executives are justifiable.” Only on planet Tory could a minimum of £440k be paid to Dan Moynihan of Harris and then be described as “justifiable.” Then his boss Lord Harris did give £2m to Lord Agnew’s party. At the same time the average teacher is £5k a year worse off since 2010.

  2. Anonymous

    Why else would a head teacher be so keen to leave the umbrella of a local authority and make the school an academy if it weren’t for a) a higher salary and b) the greater ability to “off roll” pupils and then claim to have improved education to ask for an even higher salary?

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