Housing Association chief on £391k. This will get interesing
Discussion
The Telegraph said:
Based on figures from last year, the highest paid executive at a housing association was John Belcher, at £391,000. He was chief executive of Anchor, which provides affordable homes for the elderly. David Cowans, at Places for People, earned £297,000.
At least six executives, including Keith Exford at Affinity Sutton; Mark Rogers at Circle Anglia and David Bennett at Sanctuary; and David Montague at London & Quadrant, earned more than £200,000, it has emerged.
Although independent, housing associations are largely funded by the Government, receiving billions of pounds of taxpayers’ money a year to provide social housing for poorer Britons.
They also receive income from their tenants in the form of housing benefit.
The latest disclosures come after the Government published the names and salaries of more than 170 civil servants earning at least £150,000. Mr Cameron earns £142,500.
The housing association salary packages are embarrassing as the executives run non-profit making bodies providing housing to some of Britain’s most disadvantaged citizens.
from http://www.telegraph.co.uk/news/newstopics/politic...At least six executives, including Keith Exford at Affinity Sutton; Mark Rogers at Circle Anglia and David Bennett at Sanctuary; and David Montague at London & Quadrant, earned more than £200,000, it has emerged.
Although independent, housing associations are largely funded by the Government, receiving billions of pounds of taxpayers’ money a year to provide social housing for poorer Britons.
They also receive income from their tenants in the form of housing benefit.
The latest disclosures come after the Government published the names and salaries of more than 170 civil servants earning at least £150,000. Mr Cameron earns £142,500.
The housing association salary packages are embarrassing as the executives run non-profit making bodies providing housing to some of Britain’s most disadvantaged citizens.
No wonder they are non-profit making.....
Of course, they need to attract the highest calibre candidates to give away our money......
SmoothRB said:
...and that comes with the publication of the public sector rich list.
I don't think any public servant should be on more than the PM...it's been a gravy train of personal enrichment with Labour though.
Silly money.
agree...I don't think any public servant should be on more than the PM...it's been a gravy train of personal enrichment with Labour though.
Silly money.
but should the PM earn more, or the other civil servants less?
Fidgits said:
SmoothRB said:
...and that comes with the publication of the public sector rich list.
I don't think any public servant should be on more than the PM...it's been a gravy train of personal enrichment with Labour though.
Silly money.
agree...I don't think any public servant should be on more than the PM...it's been a gravy train of personal enrichment with Labour though.
Silly money.
but should the PM earn more, or the other civil servants less?
JagLover said:
Fidgits said:
but should the PM earn more, or the other civil servants less?
BothThe Telegraph said:
Based on figures from last year, the highest paid executive at a housing association was John Belcher, at £391,000. He was chief executive of Anchor, which provides affordable homes for the elderly. David Cowans, at Places for People, earned was paid £297,000.
At least six executives, including Keith Exford at Affinity Sutton; Mark Rogers at Circle Anglia and David Bennett at Sanctuary; and David Montague at London & Quadrant,earned were paid more than £200,000, it has emerged.
EFTFT none of them earns that sort of money!At least six executives, including Keith Exford at Affinity Sutton; Mark Rogers at Circle Anglia and David Bennett at Sanctuary; and David Montague at London & Quadrant,
It’s easy to look at the figures and judge them excessive but it’s a bit more complex than that.
In the mid 90s, I worked iat Barnardo’s in a senior marketing role. At the time, all of the big charities were suffering as a result of key, senior people being lured away to the commercial sector by big pay offers. High fliers used charities as a means to gain some experience and CV credibility on their rise to bigger things, rarely were they seen AS the big thing.
They and other charities like them, started to pay commercial rates for senior managers and the results saw the percentage of each £1 donated going to the cause increase from around 55p to something like 72p.
Housing Associations are big, complex businesses that require exceptionally good management. If they were commercial organisations, they would be paying these rates to get the best level of management skill available. It’s just a question of paying the going rate.
Pay peanuts, get monkeys.
In the mid 90s, I worked iat Barnardo’s in a senior marketing role. At the time, all of the big charities were suffering as a result of key, senior people being lured away to the commercial sector by big pay offers. High fliers used charities as a means to gain some experience and CV credibility on their rise to bigger things, rarely were they seen AS the big thing.
They and other charities like them, started to pay commercial rates for senior managers and the results saw the percentage of each £1 donated going to the cause increase from around 55p to something like 72p.
Housing Associations are big, complex businesses that require exceptionally good management. If they were commercial organisations, they would be paying these rates to get the best level of management skill available. It’s just a question of paying the going rate.
Pay peanuts, get monkeys.
Digga said:
JagLover said:
Fidgits said:
but should the PM earn more, or the other civil servants less?
BothJagLover said:
Digga said:
JagLover said:
Fidgits said:
but should the PM earn more, or the other civil servants less?
BothWhat's that got to do with commensurate pay?
StevieBee said:
It’s easy to look at the figures and judge them excessive but it’s a bit more complex than that.
In the mid 90s, I worked iat Barnardo’s in a senior marketing role. At the time, all of the big charities were suffering as a result of key, senior people being lured away to the commercial sector by big pay offers. High fliers used charities as a means to gain some experience and CV credibility on their rise to bigger things, rarely were they seen AS the big thing.
They and other charities like them, started to pay commercial rates for senior managers and the results saw the percentage of each £1 donated going to the cause increase from around 55p to something like 72p.
Housing Associations are big, complex businesses that require exceptionally good management. If they were commercial organisations, they would be paying these rates to get the best level of management skill available. It’s just a question of paying the going rate.
Pay peanuts, get monkeys.
The voice of reason!In the mid 90s, I worked iat Barnardo’s in a senior marketing role. At the time, all of the big charities were suffering as a result of key, senior people being lured away to the commercial sector by big pay offers. High fliers used charities as a means to gain some experience and CV credibility on their rise to bigger things, rarely were they seen AS the big thing.
They and other charities like them, started to pay commercial rates for senior managers and the results saw the percentage of each £1 donated going to the cause increase from around 55p to something like 72p.
Housing Associations are big, complex businesses that require exceptionally good management. If they were commercial organisations, they would be paying these rates to get the best level of management skill available. It’s just a question of paying the going rate.
Pay peanuts, get monkeys.
StevieBee said:
Housing Associations are big, complex businesses that require exceptionally good management.
Oh really, why is that then?If I am not very much mistaken, housing associations build, lease or rent property for (typically) low income people to live in. It's not so very different from running a big letting agency is it?
Manks
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