Executive Pay Report 2024
Cornerstone Academy Trust follows the robust guidance set by the Government’s Education and Skills Funding Agency (ESFA) when setting or reviewing executive salaries, so they are set at fair, reasonable and justified levels.
The Board of Trustees take accountability for this and through consistent scrutiny, challenge the Trust on salary levels. We are confident that as a Trust we are following guidance to ensure that salary levels are justifiable and provide the best value of money for our ambitions and growing Trust of schools.
The Academy Trust Handbook 2024 requires that the Trust publish on it’s website, in a separate readily accessible form, the number of employees whose pay benefits exceed £100,000 in £10,000 bandings.
Benefits for this purpose include salary, employers’ pension contributions, other taxable benefits and termination payments.
As at 31st August 2024 the Trust comprised of 4 academies.
Number of staff:
Banding | Number of Employees at 31/8/24 | Number of Employees at 31/8/23 |
|---|---|---|
In the band £100,001 - £110,000 | 0 | 0 |
In the band £110,001 - £120,000 | 0 | 0 |
In the band £120,001 - £130,000 | 0 | 0 |
In the band £130,001 - £140,000 | 0 | 1 |
In the band £140,001 - £150,000 | 1 | 0 |
