• Closing trust gave CEO six -figure pay-off

    An academy trust set to close over financial worries awarded its outgoing chief executive a £115,000 severance package – before handing its schools to another trust with a six-figure pension deficit. Floreat Education Academies Trust awarded chief executive Janet Hilary £115,062 in severance and redundancy pay last year, its final accounts have revealed. The trust,

    13.00 Sep. 18th, 2020 | News

  • CEO pay 2019: Fewer than 1 in 5 reduce salaries despite government warning

    We analysed over 250 academy trust accounts for Schools Week’s annual CEO pay league table investigation – here’s what we found … Fewer than one in five academy trusts that were warned over high levels of pay subsequently reduced salaries for their top bosses. The annual Schools Week analysis of chief executive pay also found

    5.00 Mar. 13th, 2020 | News

  • Make ministers sign off top academy CEO pay, say governors

    The academies sector should consider adopting an NHS-style pay system where government approval is needed to award high salaries to bosses, according to the National Governance Association. New guidance from the NGA said the sector should “have a debate” about whether it should follow the system of NHS trusts, where those wishing to pay more

    7.00 Jan. 25th, 2019 | News

  • Revealed: The schools saving thousands slashing executive salaries

    Some smaller trusts are slashing inflated leadership salaries – with one saving a six-figure sum in the process. Four trusts, each with just two schools apiece, have reduced pay after facing government scrutiny for the amount pocketed by their chief executives. The Transforming Lives Educational Trust, with one secondary and one infant school in Warwickshire,

    5.00 Jan. 25th, 2019 | News

  • Investigation: Meet the head paid £260k to run one school

    A single-school academy trust has upped the pay of its top executive to £260,000, making him one of the best-paid academy bosses in the country. It means that the pay of Colin Hall, listed as “head” of Holland Park School, west London, has doubled in seven years, despite a letter from the government in 2017

    5.00 Jan. 25th, 2019 | News

  • Revealed: The 50 academy trusts that cut chief executive pay

    The government has named 50 academy trusts that have cut executive pay following pressure from officials. A list, sent to Schools Week under the freedom of information act, reveals the names of the trusts that have stopped paying salaries of either £100,000 to £150,000 or over £150,000. However this does not include any trusts that

    11.06 Dec. 12th, 2018 | News

  • Minister 'at war' over academy CEO pay defends Moynihan's £440k salary

    A minister who claims to have “declared war” on excessive executive pay in academies has ruled that the £440,000 annual salary of England’s highest-paid academy chief is “reasonable”. Lord Agnew, who is leading the Department for Education’s clampdown on largesse in academy pay, told Schools Week he had spoken to the Harris Federation about the

    7.00 Nov. 30th, 2018 | News

  • Private firm took 8% fee for superhead’s second salary

    The firm that was paid £1.3 million to provide services to Perry Beeches Academy Trust took an 8 per cent management fee to pay the trust’s chief executive a second salary. Liam Nolan was banned from teaching this week over his role in the trust paying the £1.3 million to Nexus Schools without a contract

    7.00 Nov. 10th, 2018 | News

  • More academy trusts in the spotlight over executive pay

    The government has issued another warning to academy trusts over executive pay, this time asking those that paid employees more than £100,000-a-year in 2016-17. The letter from Education and Skills Funding Agency boss Eileen Milner is the latest in a series of interventions by the government over largesse in academy pay. Letters went out yesterday to to all

    15.57 Jul. 6th, 2018 | News

  • CEOs at tiny academy trusts paid more than big-chain bosses

    Chief executives at some small academy trusts are raking in salaries as high as those with 10 times the schools under their control. Exclusive Schools Week analysis has found 11 trusts with just two schools which nevertheless pay their leaders more than £150,000 per year. In fact, 40 per cent of the 87 multi-trusts told

    7.00 Apr. 14th, 2018 | News

  • Investigation: The ups and downs of academy CEO pay

    Our annual analysis of chief executive pay in the largest academy chains once again reveals huge variations, including between men and women, and pay per pupil and school. We looked at trusts with more than 20 schools in 2016-17.  Sir Dan Moynihan of the Harris federation came top of all CEOs for salary, with a

    19.40 Mar. 22nd, 2018 | News