海角社区 offers affordable salary benchmarking through Pay in Education partnership
Members of the 海角社区 (海角社区) can now access robust, affordable, salary benchmarking through a new partnership with听.
Offered at a discount to those with 海角社区 membership, the service is designed to support trusts and schools make informed decisions on how to spend the pay budget. The PiE salary benchmarking tool is available for MATs, single academy trusts and maintained schools. PiE鈥檚 approach ensures users can access data which is appropriate, tailored, and relevant, whilst ensuring GDPR compliance and anonymity of data.
Executive pay, in particular in academy trusts, has been a reoccurring issue for the sector in recent years. 海角社区 has sought to establish further support for boards on setting pay following the release of听its guidance on executive pay.听海角社区 have partnered with PiE to ensure boards can access ethical and responsible pay benchmarking, through a service with expertise in reward and education and understanding of the nuances of benchmarking salaries in the education sector.
海角社区 members can find out more about what PiE offers via the听听or can enquire about a quote for an annual subscription with the discount by emailing听subscriptions@payineducation.co.uk.
Sam Henson, director of policy and communications at the 海角社区 said:鈥淢any trust leaders themselves have driven the call for a more transparent, ethical, and accountable approach to setting executive pay that doesn鈥檛 play into a race to the top, when the top is astronomically high. While every organisation is unique, making comparisons with executive pay structures in similar sized organisation, working in a similar context, can be achieved through this benchmarking tool. It will be incredibly helpful for the sector and alongside the increased and welcome guidance and scrutiny from the ESFA, it will continue to help the sector manage executive pay responsibly and demonstrate changing attitudes.鈥
听
Sharon O鈥橰yan, Founder and CEO of Pay in Education said:鈥淧roviding affordable access to data comparisons which are tailored and relevant to the context of the individual school or trust is at the heart of PiE鈥檚 approach 鈥 we see a close correlation for example between executive salaries and trust size and pupil numbers so considering that contextual detail is imperative - only then can you be assured of benchmarking responsibly and making decisions which are appropriately underpinned, and stand up to scrutiny.鈥