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‘Third sector’ must improve pay levels

first_imgVoluntary sector organisations have been warned they need to improve pay andworking conditions to retain top managers. A survey by the Association of Chief Executives of Voluntary Organisationsshows there is a 23 per cent difference between the average salary forvoluntary sector chief executives and their counterparts in the private sector.Chief executives in the voluntary sector earn £47,675 a year compared tothose in the private sector who are on £65,914 a year. Stephen Bubb, chief executive of the ACEVO, said, “We are not demandingfat-cat salaries but unless the third sector pays professional salaries forprofessionals, it will always have difficulty in recruiting and retainingstaff.” Gill Lucas, head of public and voluntary sector at KPMG’s search andselection – which sponsored the survey, agrees. “Voluntary sector pay needs to move towards a fairer and more flexiblefuture if it is to retain the talent of its top managers.” The survey also calls on voluntary sector organisations to improve their HRstructure. Seven out of 10 voluntary sector chief executives do not have a specifictraining budget and the median spend on their training is just £600 a year. The report claims a third of chief executives invest their own money intheir professional training and development. Nearly 80 per cent of voluntary organisations do not have work-life balancepolicies and over a third have no formal appraisal system. Fewer than one in 10chief executives receive a bonus. The report polled 419 chief executives. Related posts: Features list 2021 – submitting content to Personnel TodayOn this page you will find details of how to submit content to Personnel Today. We do not publish a… Comments are closed. center_img Previous Article Next Article ‘Third sector’ must improve pay levelsOn 11 Dec 2001 in Third sector, Personnel Todaylast_img

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