The Government has confirmed that it is to look at curtailing some of the excessive pay claims being made by the head of academy trusts. The decision comes after a series of pay scandals, including the revelation that Sir Dan Moynihan was earning over £500,000 a year for his role with the Harris Federation.
Lord Agnew, the Academies Minister, said in a statement:
“With academies helping to drive up standards in schools across the country – and more than 50% of children now studying in academies and free schools – it is important that trusts have clear guidance to help them use every pound to deliver a high standard of education.
Over the last 18 months I have committed to curbing excessive executive pay in a tiny minority of trusts to ensure it is fair and proportionate to the task in hand, and this approach is already yielding positive results. This new guidance will help all trusts set executive salaries at a level that is publicly justifiable.”