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Academy executive pay falling?

Academy executive pay falling?

One chief executive's salary falls from £150,000-£155,000 to £88,913 as trust grapples with financial pressures 

 

Some academy trust chief executives are cutting their own salaries by up to 40 per cent because of funding pressures and concerns about sending the right message to staff, Tes can reveal.

The news follows mounting controversy about the big salaries and pay rises enjoyed by many academy leaders.

And it comes amid calls for a more structured approach to academy executive pay. Critics of the current system are arguing for an external body to tackle the issue, while one coalition of multi-academy trusts in the North of England is considering introducing “self-regulation”.

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