One assumes that the individuals appointed to chief executive posts must know that this information will be published for all to see and understand. The understanding isn’t that difficult. These people are paid significantly more money than anyone else in their organisations on the basis of some added value that they - and apparently only they - could possibly provide.
What is more difficult to see is why they think they can get away with it. They are not bankers, they work in the not-for-profit sector - but they seem to conveniently put this on one side. It shows outrageous arrogance which tenants, residents and employees are rapidly becoming aware of.
I have never understood why a bonus should be paid to anyone simply for doing the job - in this instance to individuals who are already paid at the very top of the scale. Who decides that a chief exec’s input is worth 10 times more than, say, a housing officer? I know a number of individuals who regularly put in 50 to 60-hour weeks for a fraction of the chief exec’s pay.
To those chief execs who took a pay cut or freeze (as many ordinary staff have been expected to do) well done - that is a move in the right direction and you might end up with a more motivated, loyal workforce.
Of course there has to be differing pay for varying levels of responsibility, skill and relevant experience, but the current situation shows a complete lack of proportion.
The time for change is more than a little overdue especially - as one of commentator said - as it is so demonstrably ‘against the spirit of affordable housing’.
Name and address witheld



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