Monday, October 20, 2008

Housing Bosses pay: “continue to power ahead of those at bottom”

Will the widespread negative public and political reaction to excessive executive pay reach the Housing association establishment?

I have posted my disquiet (to say the least!) on the “bumper” pay rises enjoyed by Housing association chiefs.

This new survey published today in Housing Newsreveals that senior employees continue to power ahead of those at the bottom of the organisation, with average basic pay increases for chief executives of nine per cent and for directors of 7.4 per cent.

Clerical and care staff averaged rises of 4.6 per cent”
Clerical and care staff have an average basic salary of £17,113, while clerical supervisors and senior care staff have an average £20,995”.


The highest paid Housing Association CEO earned £327K!

I do not know how people can survive and bring up families on £17k per year?

The social housing sector is in danger of bringing itself into the same disrepute as City Financiers and the Banking sector over their disproportionate salaries and the lack of government regulation.

I am also interested in who were the staff who actually got 4.6% since this seems to be a far higher average (although if true very welcome) than the pay settlements that I am aware of in the sector?

2 comments:

Anonymous said...

Public sector workers are all overpaid for the miserable contribution they make - if you don't like it get a proper job.

John Gray said...

Hi Anon
We are not public sector apparently! So we have a proper job - what do you do (apart from whine about things of course)