The gap between the pay rises enjoyed by housing association chief executives and those of their staff is narrowing, according to the sector’s biggest salary survey.
The study, which surveys 93 associations and is conducted by Inbucon, found that chief executives and directors had seen a slowdown in their average pay rises since 2000. All other ranks had received progressively higher rises.

Salaries rose this year, on average, by an inflation-busting 3.9% as associations competed with the higher-paying private sector to attract the best staff. All roles from heads of function downwards got rises that broke through the 4% barrier for the first time.

Chief executives of RSLs still earn less than council chief executives, although this is largely due to the fact that the latter tend to run much larger organisations.

The north-south salary gap shows no sign of closing: senior managers in outer London earn, on average, 43% more than those in Yorkshire and Humberside.

Source

Housing Today