Motability CEO's £1.7million pay packet slammed

The £1.7million salary dished out to the Chief Executive of the firm who runs the Motability disabled car scheme has been slammed by MPs as ‘totally unacceptable.’

The BBC reports that Mike Betts’ salary has risen 78% since 2008 when it was £954,000. Frank Field MP, Chair of the Work and Pensions Committee said the salary is over ten times what the Prime Minister earns.

Motability, the firm who arranges cars for disabled people in exchange for some of their state disability allowance, said that Betts’ pay was based on a comparison with FTSE250 firms. However, Motability Operations, who run the scheme, are a monopoly and face no competition.

Whilst the Department for Work and Pensions acknowledged the valuable service Motability provides to disabled people, the “levels of executive pay and financial reserves are concerning," said a spokesperson.