Multi-academy Trusts: Pay
The question
To ask the Secretary of State for Education, what information her Department collects on the pay of multi-academy trust chief executives.
Answered by Catherine McKinnell
The Academy Trust Handbook sets out the requirements for academy trusts on executive pay, including reporting and publication. Academy trusts must:
- Publish their annual audited accounts, including the number of employees whose benefits exceeded £60,000 in £10,000 bandings and the total employee benefits paid to key management personnel.
- Publish on their website the number of employees whose benefits exceeded £100,000, including salary, employers’ pension contributions, other taxable benefits and termination payments.
The department collates and publishes academy trust pay data in the Academy Sector Annual Report and Accounts, which also includes an annex (annex E in the most recently published set) listing all the academy trusts which paid at least one member of staff in excess of £150,000 and which is accessible here: https://www.gov.uk/government/collections/academies-sector-annual-reports-and-accounts.
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