The Salford City College accounts talk about a financial challenge to the College and a "constraint on further education funding arising from the ongoing cuts in public sector spending". This hasn't stopped bumper pay for the Principal.
Data released yesterday by the Education and Skills Funding Agency, shows the Salford City College Principal within the top ten highest paid college heads in the country, with a stated salary of £223,000 plus pension contributions of £22,000.
Meanwhile, the actual accounts for the Salford College for 2016-17 show the former Chief Executive/Principal picking up a £212,000 salary (doesn't cover the full year), plus pension contribution of £22,000, plus a £35,000 'loss of office' compensation, making a total of £269,000.
The £223,000 figure from the Government is the £212,000 plus £11,000 paid to the new Principal within that economic year. In 2015-16 the Principal was paid 'just' £163,000, including pension contributions.
The Salford City College Principal's salary was the ninth highest in the country, with North Hertfordshire College paying out £294,000 and Greater Brighton College paying £291,000 (although this figure is disputed by the college).
Further education teacher union, UCU, slammed the salaries in yesterday's Times Education Supplement...
"Too many college principals are showing themselves to be hopelessly out of touch, pocketing exorbitant salaries while pleading poverty to keep down staff pay" said the UCU's Andrew Harden.
"Many of the worst offenders appear to be at recently merged colleges, but mergers are no excuse for inflating leadership pay" he added "We urgently need much greater transparency in how college leadership pay is decided to ensure proper accountability for staff, students and taxpayers."
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