--- title: "Executive Pay" url: "https://seteducation.org.uk/executive-pay" school: "Synergy Education Trust" --- # Executive Pay Academy trusts are both charities and companies limited by guarantee and must operate to further the trust’s educational charitable purpose. We are accountable to the Education and Skills Funding Agency (ESFA), the Secretary of State for Education as principal regulator, and the communities they serve for the education they provide to pupils. It is essential that we have the best people to lead our schools but, at the same time, it is important that salaries: - can be justified and are in the best interests of the Academy Trust - reflect the individual’s responsibilities - demonstrate value for money Academy trusts are free to set their own salaries for staff. This places an even greater responsibility on the board to ensure that the use of public money represents the best value for money, and that decisions are underpinned by [the 7 principles of public life](https://www.gov.uk/government/publications/the-7-principles-of-public-life/the-7-principles-of-public-life--2), as set out by Lord Nolan, which are: 1. [Selflessness](https://www.gov.uk/government/publications/the-7-principles-of-public-life/the-7-principles-of-public-life--2#selflessness) 2. [Integrity](https://www.gov.uk/government/publications/the-7-principles-of-public-life/the-7-principles-of-public-life--2#integrity) 3. [Objectivity](https://www.gov.uk/government/publications/the-7-principles-of-public-life/the-7-principles-of-public-life--2#objectivity) 4. [Accountability](https://www.gov.uk/government/publications/the-7-principles-of-public-life/the-7-principles-of-public-life--2#accountability) 5. [Openness](https://www.gov.uk/government/publications/the-7-principles-of-public-life/the-7-principles-of-public-life--2#openness) 6. [Honesty](https://www.gov.uk/government/publications/the-7-principles-of-public-life/the-7-principles-of-public-life--2#honesty) 7. [Leadership](https://www.gov.uk/government/publications/the-7-principles-of-public-life/the-7-principles-of-public-life--2#leadership) The Trust must publish on its website in a separate readily accessible form the number of employees whose benefits exceed £100k, in £10k bandings, as an extract from the disclosure in its financial statements for the previous year ended 31 August. Benefits for this purpose include salary, employers’ pension contributions, other taxable benefits and termination payments. When the academy has entered into an off-payroll arrangement with someone who is not an employee, the amount paid by the trust for that person’s work for the trust must also be included in the website disclosure where payment exceeds £100K as if they were an employee. ### Executive Pay Executive Pay 2024-2025 31 KB [Open for printing](https://files.schudio.com/synergy-trust-preview-2/files/documents/Executive_Pay_2024-2025.pdf) Executive Pay 2023-2024 54 KB [Open for printing](https://files.schudio.com/synergy-trust-preview-2/files/documents/Executive_Pay_2023-2024.pdf) ### Key Information - [Trust Accounts](https://seteducation.org.uk/trust-accounts) - [Statutory Documents](https://seteducation.org.uk/statutory-documents) - [Policies](https://seteducation.org.uk/policies) - [Gender Pay Gap Report ](https://seteducation.org.uk/gender-pay-report) - [Public Sector Equality Duty](https://seteducation.org.uk/public-sector-equality-duty) - [Executive Pay](https://seteducation.org.uk/executive-pay) - [Union Duties](https://seteducation.org.uk/union-duties) - [Privacy Notices](https://seteducation.org.uk/privacy) ![Synergy Education Trust](https://files.schudio.com/synergy-trust-preview-2/images/logo/logo-white.png) ### Contact Us **Synergy Education Trust** c/o Stanley Primary School Wordsworth Ave, Blackpool FY3 9UT Tel: 01253 800318 ### Links - [Executive Team](https://seteducation.org.uk/executive-team) - [Policies and Documents](https://seteducation.org.uk/statutory-documents) ### Our School Family - [Boundary Primary School](https://www.boundaryschool.co.uk/) - [Educational Diversity](https://eddiversity.com/) - [Highfurlong School](https://highfurlong.org/) - [Moor Park Primary School](https://moorparkprimaryandnursery.co.uk/) - [Norbreck Primary Academy](https://www.norbreck.blackpool.sch.uk/) - [Stanley Primary School](https://www.stanleyprimaryschool.com/) - [The Maple School](https://www.themapleschool.co.uk/) Synergy Education Trust Limited is a Company Limited by Guarantee, registered number 14555530. Registered in England and Wales. Registered address; c/o Stanley Primary School, Wordsworth Avenue, Blackpool, FY3 9UT. © Copyright 2024–2026 Synergy Education Trust School & Trust Websites by [ ![Schudio logo](https://seteducation.org.uk/img/logo/light.png) ](https://www.schudio.com/)