'Fat cat' academy bosses face challenge over pay

From BBC - February 22, 2018

The bosses of academy trusts running large chains of schools in England are going to be challenged by education ministers over "fat-cat" pay.

Lord Agnew says the government's school funding agency is to write to multi-academy trusts asking how pay over 150,000 relates to school performance.

The chief executive of Harris Federation became the first in the state sector to earn over 500,000.

Head teachers say the public needs to be "reassured" over school spending.

Lord Agnew, in a letter to academy trusts, has warned that the funding agency would soon be contacting multi-academy trusts paying above 150,000 - and that if performance is going down, pay for chief executives should also be cut.

Pay cut for low performance

The education minister says that pay for academy bosses should not increase faster than the pay award for teachers.

"I believe that not all boards are being rigorous enough on this issue," writes Lord Agnew.

"My view is that we should see a reduction in CEO pay where the educational performance of the schools in the trust declines over several years."

Schools have protested about worsening funding shortages, and Lord Agnew says academies must show they "deliver the best value for money".

"This is particularly important when looking at the pay of your senior leadership teams."

Education ministers gave tough warnings to universities paying vice-chancellors more than 150,000 per year and threatened intervention over excessive pay.

'Public funds'


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