The secret deals behind rocketing school CEO pay

The TES reports that Academy trusts refuse to reveal why they have awarded chief executives salary hikes up to ten times bigger than the average teacher’s.

Calls have been made to lift the “secrecy” surrounding decisions to award academy chain chief executives percentage pay rises up to 10 times bigger than the average teacher’s.

Tes approached 10 academy trusts and one federation of maintained schools, whose chief executives earned more than the prime minister and whose pay rose last year.

“They need to bear in mind very, very firmly that this is not other people’s money, this is taxpayers’ money,” the MP said.

Each were asked to set out the process for making their chief executive’s pay award, and the basis upon which the rise was justified. All but one refused to share any of their chief executive’s performance objectives and all but two failed to give any of the metrics that the executives were judged against.

There are no government rules or guidance on how executive and leadership pay should be set by academies.

More at  The secret deals behind rocketing school CEO pay

 What are your thoughts on these huge wages being paid with public money? Let us know your thoughts below or on Twitter ~ Mercedes 

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Comments

  1. Mark Simmons

    Headteachers have been a respected group who sometimes speak truth to power. Stuffing their mouths with gold makes them part of the elite. Good solution.

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