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Great Academies Education Trust

Inspiring Greatness

Our Finance

Financial planning and monitoring are key to providing the resources for our success. With a dedicated Finance Director, we ensure 100% compliance as well as empowering academies to provide outstanding education and facilities.

 

GAET pays a fee to the local authority for trade union facility time and the LA employ the union officials rather than GAET, so we don’t have any information to publish because none of the official reps are GAET staff

Higher paid staff

 

The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was:

 

2020

2019

£60,001 - £70,000

9

6

£70,001 - £80,000

2

1

£80,001 - £90,000

-

-

£90,001 - £100,000

2

2

£100,001 - £110,000

-

1

£120,001 - £130,000

1

-

£140,001 - £150,000

-

1

 

13 of the employees earning more than £60,000 per annum participated in the Teachers’ Pension Scheme. 

During the year ended 31 August 2020, employer pension contributions for these staff amounted to £230,476

(2019: £139,433). One of the highest paid staff participated in the Local Government Pension Scheme,

so pension contributions amounted to £11,170 (2019: nil).

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