Staff offered cash incentives to raise rating
Housing providers are increasingly offering staff cash bonuses if they can help boost the organisations' performance. Arm's-length management organisation Homes for Islington has become the latest to offer an incentive. Staff will win a £250 bonus each if it gains an improved Audit Commission rating. The organisation, which has 800 staff, received a one-star with promising prospects for improvement rating in a preliminary inspection earlier this year. Under the funding rules, a two-star rating would unlock an extra £158 million over five years. Inspectors are due on site from 29 November. Homes for Islington chief executive Eamon McGoldrick said: ‘This is a perfectly legal and legitimate incentive that in no way will keep us from funding our work in the year ahead.' Hounslow Homes is also offering £250 to each member of its 600-strong workforce if it gains three stars in an Audit Commission inspection next year. It has two stars. A spokesperson said: ‘The incentive reflects the fact we are now a private company and, therefore, have the flexibility to incentivise staff to respond to new challenges.' Broomleigh Housing Association paid staff a £100 one-off bonus following an inspection report last year. The Audit Commission found that the association was providing a satisfactory service and was raising standards.