MP Barclay criticises non-profit organisation chief executive’s £846,000 pay packet

13:08 17 January 2014

MP Steve Barclay

MP Steve Barclay

Archant

An MP has spoken out against the £846,000 pay packet taken home last year by the chief executive of a non-profit organisation.

Motability chief executive Mike Betts.Motability chief executive Mike Betts.

North East Cambs MP Steve Barclay is staggered that Mike Betts, chief executive of Motability Operations, received £846,000 in salary and benefits last year.

He wrote to the Secretary of State for Work and Pensions Iain Duncan Smith asking if officials were aware of Mr Betts’ pay package and what rules are in place to curb excessive pay for managers at taxpayer-funded companies.

Motability Operations received £18.3m in Government grants in 2012 to lease mobility vehicles to 600,000 disabled people.

The company accounts show four other senior directors also took home a total of £2m in pay and perks in 2012.

Mr Barclay said: “It is frankly staggering that the chief executive of a company receiving huge Government grants is taking home a salary and benefits package worth £846,000.

“There are clearly serious questions to be asked at a time when household budgets are stretched about whether these pay deals are a fair use of taxpayer’s money.

“It is especially important that the mobility allowance is used to help those living with restricted mobility needs rather than being channelled into the pockets of senior managers at the dominant provider of these mobility services.”

2 comments

  • In these difficult times, when those who are dependent on Benefits, such as Disability Living Allowance, which is the mainstay of funding for many who rely on the Motability scheme, are being given such a hard time, and are being placed under intense and repeated scrutiny, it beggars belief that those at the top of the pile are able to milk the system to this extent. There is understandable concern that Chief Executives of County and City Councils are paid excessively, at £200K plus, per annum, but the range of vital services for which substantial local authorities are responsible at least goes some way to justifying the price tag.

    Report this comment

    Graham Chappell

    Saturday, January 18, 2014

  • In these difficult times, when those who are dependent on Benefits, such as Disability Living Allowance, which is the mainstay of funding for many who rely on the Motability scheme, are being given such a hard time, and are being placed under intense and repeated scrutiny, it beggars belief that those at the top of the pile are able to milk the system to this extent. There is understandable concern that Chief Executives of County and City Councils are paid excessively, at £200K plus, per annum, but the range of vital services for which substantial local authorities are responsible at least goes some way to justifying the price tag.

    Report this comment

    Graham Chappell

    Saturday, January 18, 2014

The views expressed in the above comments do not necessarily reflect the views of this site

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