All academy staff on more than £150k to be named

Anyone paid more than £150,000 will be listed as part of DfE push to improve transparency
9th November 2016, 5:09pm

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All academy staff on more than £150k to be named

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The country’s highest paid academy staff will be named and have their earnings published from next year in the Department for Education’s annual accounts.

Every trustee or member of staff earning more than £150,000 a year will have their names and the name of their academy trust printed within £10k bands, the report says.

The detail emerged in a report, called the Academy Sector Annual Report and Accounts and compiled by the DfE, published by the Commons education select committee today which has been calling for greater openness about education spending.

The department, as a “dry run”, has produced the document in an attempt to develop a viable accountability system of how academies spend £18bn of public money.

The report reveals that 111 academy trustees, including principals and chief executives, and earned more than £150,000 last year and 13 academy staff, who are not trustees, were paid more than £150,000.

It outlines a plan to list the top earners next year when it publishes the proper document in the summer.

“Next year, in addition, we intend to list the name of the trust, the name of the individual, and their remuneration (within £10k bands). This will be subject to a necessary process of communication with individuals, and due consideration of any individual concerns about the disclosure of this information,” the report says.

The dry run report looked at academy accounts up to the year ending August 2015. 

According to the document, two members of academy staff were handed handsome redundancy packages totalling between £150,000 and £200,000 each.

It also shows that there were 52 “related party” transactions among academies each totalling more than £250,000.

The figures follows a series of revelations over academies, which had paid trustees for services or contracts. The most recent being the case involving the Wakefield City Academy Trust.

In a letter to the DfE’s permanent secretary, select committee chair Neil Carmichael said he and his members “remained to be convinced” that the government’s efforts will provide an “adequate level of transparency”.

“The department must do more to demonstrate its commitment to accountability of around £18bn worth of public money,” he added.

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