Executive Pay Statement

DEMAT is fully committed to ensuring that pay and benefits across the Trust are fair and consistent, supporting retention and engaging our staff to deliver high quality education within each of our academies.

All pay decisions are in line with our Trust policies and fully adhere to the School Teachers Pay and Conditions document for all applicable positions. Any pay related decisions are based on objective criteria and are not subject to any discriminatory influence. These principles apply to our Executive team and, as such, our Remuneration Committee plays a key role in setting executive pay within reasonable and justifiable parameters. Robust monitoring takes place to ensure that we comply on an ongoing basis.

We therefore continue to fully and readily disclose our Executive Pay levels, reporting on an annual basis within our Financial Statements that can be found on our website. Our current status is as follows:

Executive Pay 2023-24 (all employees whose benefits exceeded £100k)

Benefits for this purpose include salary, employers' pension contributions, other taxable benefits, and termination payments.

£100,000 - £110,000       4 employees

£110,000 - £120,000       6 employees

£120,000 - £130,000       1 employee

£130,000 - £140,000       1 employee

£140,000 - £150,000       0

£150,000 - £160,000       0

£160,000 - £170,000       0

£170,000 - £180,000       1 employee