Third of MATs raise £150k+ pay despite DfE probe

According to TES, more than a third of a group of multi-academy trusts questioned by the government over their high chief executive salaries last year went on to award their top earners more pay, a Tes analysis of their latest accounts shows.

Last February, the Department for Education wrote to 87 MATs asking them to justify and explain why they were paying salaries of more than £150,000.

It also shows that three-quarters of these MATs – 46 out of 61 – continued to pay at least one member of staff more than £150,000, despite the government intervention.

A spokesperson for the East Midlands-based trust said: “Executive remuneration, including that of the CEO, is set by the board of directors annually. It is benchmarked against other MATs in the sector informed by the growth and complexity of the organisation along with challenging educational and financial targets.

Read full article here Third of MATs raise £150k+ pay despite DfE probe

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