Excessive CEO Pay in Academies

2 April 2018

Commenting after the debate on Motion 14, Kevin Courtney, General Secretary of the NUT section of the National Education Union, said:

“At a time of savage funding cuts for state-funded schools, it is inexcusable that some chief executives of academy trusts are being paid top dollar when schools in their trust are laying off teachers and support staff, reducing course options for pupils, and teachers feel compelled to bring in their own resources to ensure their classrooms function efficiently. (1)

“Education is a public service and there should be no place for private profiteering. The sort of excessive salaries that we see in the academies sector cannot be justified, particularly at a time when teachers’ pay has been pegged at below inflation for several years, contributing to the current teacher shortage.

“We need to end the school market and return all state-funded schools to their local authorities where a public service ethos can be restored.”

Editor’s Note

(1) Accounts for the academy sector published by the DfE in October 2017 revealed that 121 academy trusts had at least one employee paid more than £150,000. TES used the list of trusts to compile a full list of the highest-paid employees, and their salaries, based on information in academy trust accounts. The TES analysis found that 121 trusts were paying salaries of more than £150,000. Their combined salaries totalled more than £21 million, with almost one in five (19 per cent) of the individuals paid at least £200,000 a year, before pensions are taken into account. Salaries ranged from at least £150,000 a year to the £420,000-£425,000 that Sir Dan Moynihan, CEO of the Harris Federation, was paid. https://www.tes.com/news/school-news/breaking-news/exclusive-top-earning-academy-bosses-revealed

 

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