Thursday, April 08, 2010

College accounts and principals’ salaries

The Skills Funding Agency has posted on is site, a spreadsheet of the 2008/9 college accounts for both general FE colleges and sixth form colleges. It’s sad but true that these attract most interest when it comes to principals’ salaries. These accounts do offer material for useful benchmarking.

On the subject of salaries, looking at general FE college principals and comparing like-for-like (some colleges have been merged out of existence and others have emerged), it appears that average principal has had a 4.4% pay rise in 2008/9.

Even if a few of those principals will be hit by the new 50% tax rate, I think here may be some pressure in 2009/10 for pay restraint amongst college senior post holders.

No comments: