Pay Transparency Report
Last year we appointed Turning Point HR solutions, an independent Reward Consultancy, to collate and analyse data directly provided by housing associations on senior management remuneration.
In September 2018 36 (97%) Welsh Housing Associations (HAs) participated in the salary benchmarking survey which is available here.
While senior management pay has always been publically available, the intention of this report is to present senior management pay information in one place, and follows recommendations from the Public Accounts Committee to generate greater transparency and openness in the sector.
The data correlated relates to salaries between the period April 1st 2016 to March 31st 2017 and April 1st 2017 and March 31st 2018. In addition, two HAs reported based on their year end of January 1st – 31st December.
Findings from the report shows that:
- 11% of the Welsh housing sector is led by a Chief Executive from a BAME background, which compares to 2% in the wider UK housing sector.
- Gender pay data relating to 5th April 2017 shows that parity in the sector is encouraging, with an even number of CEOs from each gender in the cohort. This compares to the national average, which shows typically 73% of males make up CEO jobs.