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

MP Steve Barclay

MP Steve Barclay - Credit: 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. - Credit: Archant

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.

You may also want to watch:

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.

Most Read

“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.”

Become a Supporter

This newspaper has been a central part of community life for many years. Our industry faces testing times, which is why we're asking for your support. Every contribution will help us continue to produce local journalism that makes a measurable difference to our community.

Become a Supporter