Privatisation: “Heads want pay code after £500,000 academy boss”

Wonder what chiefs of Accountable/Integrated Care Organisations will get? Half a million is probably chicken feed for them!

“Head teachers say the pay levels of all school staff in England, including academy bosses, should be in a fairer framework to stop “fat cat” pay gaps.
The chief executive of the Harris Federation was revealed last week to have become the first in the state sector to earn £500,000.

The National Association of Head Teachers wants more transparency over spending “public money”.

The Department for Education has written to 29 trusts about high pay.
But the academy trusts it has asked to explain their levels of pay, where bosses earn over £150,000, are only small, single-school trusts.
The much bigger multi-academy trusts, including Harris, have so far been exempt from this challenge over how much they pay their bosses and managers.

The most recent figures, from 2015-16, show more than 120 academy trusts paying someone more than £150,000 – the large majority of which will be in multi-academy trusts.

A spokeswoman for the Harris Federation says its chief executive Sir Dan Moynihan’s earnings of up to £500,000 reflected the high performance of the trust. …”

http://www.bbc.co.uk/news/education-42959627