Children’s Wellbeing and Schools Bill Debate
Full Debate: Read Full DebateBaroness Bousted
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(1 day, 11 hours ago)
Lords Chamber
Lord Mohammed of Tinsley (LD)
My Lords, regarding the amendments by my noble friend Lord Storey, research has shown no correlation between the pay of the CEOs of multi-academy trusts and the schools they have responsibility for. I hope the Minister can say whether there will be a mechanism to look at the pay of some of these highly paid officials and what responsibilities they have. There could be cases where people have responsibility for eight to 10 schools but get paid more than people with responsibility for higher numbers. That does not seem fair or right. I know it is late, but I thought it important that I raise this point on behalf of my noble friend.
Baroness Bousted (Lab)
It is really late, but I tabled a similar amendment to this in Committee. Unregulated CEO pay is becoming an ever greater problem in the sector. Last year the policy think tank EDSK called for mandatory CEO pay scales capped at £263,000, with fines for those who did not follow that. The National Governance Association has said that the growing gap between CEO pay and that of other senior leaders—and, I would also say, teachers—risks undermining the collaborative leadership essential to school improvement. I hope the Government will look at this serious problem, which demands action.