We had a real life drama here so missed the meeting, which whilst regrettable from what we read here and have been told by other members was a foregone conclusion before it started and the actions of the bhs 'lawyer' were particularly unprofessional. Hey ho, did we really expect anything less? We are going to vote and then may cancel our membership and can always re new. In the meantime, a friend who works in another animal charity told us about this recent report about CE pay. Remember the former CE was on a ridiculously high salary vs. income ie on par with the RSPCA CE with a fraction of the income. Anyway, the article is below, but the the standout news is that CHIEF EXECUTIVE CHARITY SALARIES HAVE FALLEN IN THE PAST FIVE YEARS ACROSS THE CHARITY SECTOR. So there is no need at all for the BHS to pay the next CE the same inflated salary as before. Also watch out for the Annual Report, anyone want to bet that the members will get blamed for the spend on legal bills rather than the inept boards lack of action?
Speaking at the Honorary Treasurers Forum last week, Acevo chief executive Vicky Browning said only 46 per cent of charity chief executives currently have formal pay reviews.
Browning said this was “a missed opportunity†for charities to see whether they are getting value for money.
She said: “People are not looking at this in a systematic way to check that what they are paying is appropriate.
“If you are not linking remuneration to progress against agreed targets, whether that is personal targets or organisational targets, how can you ensure your pay levels are proportionate to the value of that chief executive to your organisation?â€
She added: “Anyway, it’s poor practice. Boards should be giving the same level of support to their chief execs that they would expect them to give to rest of the organisation.â€
Public debate affecting CEO pay
Browning said the increased public scrutiny of chief executive pay has had an effect on the way charities think about remuneration.
She said: “We have anecdotal evidence that charities are taking this much more into consideration. Trustees are much more concerned about issues of reputation that affect this and therefore they are taking it into consideration.
“The average chief exec salary has fallen over the last five years. Whether that is to do with media or public opinion or whether that is to do with austerity and reduced contracts is not clear. But it is clear that public opinion is certainly having an effect on the way people are thinking about this.â€
- See more at:
https://www.civilsociety.co.uk/news...978b-8136b719f5-87649993#sthash.Lel4OoZF.dpuf