The thing to remember about academies is that their introduction has been largely about privatizing education and taking teachers out of their pay and conditions. Academies can employ unqualified staff to teach, they can require their staff to work whatever hours they like to impose at whatever rate of pay they choose. Currently there is a huge problem with recruitment and retention of teachers in all types of school with about half of all newly qualified teachers not getting beyond 3 years before leaving the profession. On the other hand, older, more experienced teachers are being 'urged' on because they are expensive. Yet academy chain executive heads are receiving huge salaries, exploiting nepotism and are largely protected from scrutiny until something major happens because the local authority has no control over academy schools - all control comes from the Secretary of State.
Please, if you are a governor, ensure you vote AGAINST any measures to turn your school into an academy, the short term financial inducement is just that - short term - and it brings so much more with it!