Revealed: the fat cat salaries paid by training providers
After decades of underinvestment in FE, the eye-watering pay packets of some college leaders have proved controversial. But, until now, little was known about the salaries forked out by their independent counterparts. Here, Julia Belgutay and George Ryan reveal how some ITP bosses take home more than the best-paid principals
The pay of college principals has long been a contentious issue. In April, unions expressed outrage at the fact that the number of college leaders paid over £200,000 or more had doubled in two years to 17 in 2016-17.
But while the annual publication of college accounts by the Education and Skills Funding Agency (ESFA) has made keeping track of leaders’ pay relatively straightforward, there has been less transparency when it comes to the rapidly growing sector of independent training providers. This includes private firms, as well as employer providers and not-for-profit and voluntary sector ...