More association chiefs join the '£100k club'
The number of housing association chief executives earning six-figure pay packages has more than doubled as pressure mounts from the regulator on excessive salaries.

In the year before last four chief executives were in the so-called "£100,000 club", but at least five more have now joined them.

Anchor Trust chief executive John Belcher was the highest earner in the sector with pay and benefit last year of £149,000 excluding pension - a pay rise of 43 per cent.

Next month the Housing Corporation plans to publish a report on the recruitment and pay of chief executives that is expected to criticise pay packages that bear no relation to responsibilities involved.

The report is likely to be especially critical of the high levels paid to some chief executives of medium and smaller associations. Earlier this year Housing Today showed that there was a significant number of outlying pay packages by comparing salary levels against both turnover and stock (Housing Today, 14 January).

These latest figures are likely to increase calls for pay restraint in the sector.

National Housing Federation assistant chief executive James Tickell said: "There is nothing magic about six figures if that is the rate for the job. It does not surprise me that salaries are creeping up when you look at the increasing demands in the sector."

Unison housing association branch secretary Steve Wilkinson said: "The figures seem to confirm what we have been saying for some time that the there is a growing gap between the pay of executives and the pay of ordinary staff. Despite that we are pleased that the Housing Corporation is in the process of drafting further guidance on the matter."

John Belcher, Anchor Trust £149,000
Barry Natton, Riverside £120,000
David Cowans, North British £112,763
Malcolm Levi, Home £111,108
David Bennett, Sanctuary £110,000
David Hucker, Orbit £105,000 including pensions
Mike Annan, West Kent £104,710
Don Wood, London and Quadrant £103,000
Bill Martin, Touchstone £101,000.

(Except where stated figures include salary and benefits, but exclude pensions)