Pay multiple
Our Annual Report and Statement of Accounts includes information about the employees who are earning a salary of over £50,000 for the current financial year.
Chief Officer pay
Overall, we have 25 managers who fall within the definition of ‘Chief Officer’ with an average salary of £99,205, using the full-time equivalent salaries of their posts.
However, the average salary using actual pay (as some work on a part-time basis) equates to £95,851.
Relationship between pay/pay multiple
The ratio between the highest paid officer and the median remuneration for staff on permanent contract based on full-time equivalent is approximately 6.85:1.
However, calculating using existing annual salary makes it 7.43:1.