Board pay rises by quarter of a million pounds in a year
One third of the best-paid board chairs receive a remuneration rise
Board member pay rose by over a quarter of a million pounds in a year, according to Social Housing’s latest analysis.
Our survey and accounts research into 111 housing associations found that the sum paid to all non-executives - including board members of group boards, the boards of subsidiary organisations and committees - increased by £252,471, which is a rise of 3 per cent. In total over £9m was paid to non-executives of these landlords.
The largest rise, both in monetary and percentage terms, came at smaller organisations with 2,000 to 5,000 homes. Their total board pay bill rose by 10 per cent or £131,350. But the 45 mixed businesses in the survey - associations with LSVT subsidiaries, a shared ownership programme, and build for market rent or sale - paid the largest total to board members of £4.2m.
Our third annual report looks at the total paid by the housing associations to non-executives and the annual rate of pay for individual roles on group boards. It compares them with turnover and number of units, to show the size of the organisation, and with drawn debt as an indicator of risk, development or commercial activity. The data in our report comes from the associations’ 2014/15 accounts and responses to our survey.
As housing associations have diversified into activities beyond letting social housing, such as selling property, running care homes, sports centres, construction firms and building photovoltaic panels, so they have become increasingly exposed to new risks and markets. Consequently they may need non-executives with new skills to manage these risks.
Seven of the 15 associations that paid the largest sums to their chairs appeared in our turnover diversification report, published in August 2016, which listed associations with the greatest share of turnover from activities other than renting social housing.
Read more
General trends
Across the 111 associations in the sample, the average total paid to all non-executives was £80,677, a rise of about 1.5 per cent since 2013/14. The average paid to chairs was £15,096, up 3.4 per cent on the previous year.
This rise is similar to the 3.1 per cent increase we found in our survey of chief executive pay for 2014/15, published in January 2016, although that report looked at 221 associations rather than the 111 considered here. It is ahead of the 1.4 per cent rise for staff in the same year, which we reported on in February 2016, but again that report covered a larger number of associations.
Of the 111 associations in this report, 40 saw a fall or no rise in the total they paid non executives. There was a pay reduction for 10 chairs, 40 had increases and most saw no change in their pay.
Average pay per unit was £1.35 for chairs and £7.17 for the total paid to all non-executives.
The majority of the best paid housing association board chairs did not get a pay rise in 2014/15. Only five of the 15 top paid chairs got a rise this year. Circle said its pay to board members, including its chair, had risen because a cost of living weighting had been included.
The 15 best paid chairs cover a wide spread of remuneration from £72,222 to £24,088 but the majority of them had pay per unit of under a pound.
Individual HAs
Chris Phillips, the chair of Places for People, which has a range of business beyond social housing such as leisure centre management and housebuilding, remained the highest paid in the sector on £72,222.
His pay rose by £722 – or just over 1 per cent – in 2014/15. He was paid 51p per unit owned and managed by Places for People, which ranks 11th out of the 15 highest paid chairs.
A spokesperson for Places for People said: ‘Places for People is a fully regulated and audited organisation, offering a unique range of products and services across the group’s 19 businesses. The level of fees set by the group board for chair and members’ remuneration reflect the value delivered in overseeing our diverse business operations.’
The largest pay rise for a chair went to Malcolm Groves at Southern Housing Group. His pay rose £10,000 to £25,000.
Kate Smith, group corporate services director at Southern Housing, said: ‘Board member pay hadn’t been reviewed or increased for a decade at the group since we introduced payment for non-executives in 2005.
‘The group carried out an external benchmarking exercise in 2014 and increased the level of remuneration for the board members, committee chairs and the group chair in line with the sector benchmarking.’
HA group chairs: top 15 highest paid
| 2014/15 no. of units | 2014/15 turnover £m | 2014/15 drawn debt £m | annual pay of group chair £ | name of chair | |
| Places for People | 140,880 | 551 | 1,796 | 72,222 | Chris Phillips |
| Anchor | 26,350 | 270 | 119 | 35,000 | Pamela Chesters |
| L&Q | 71,700 | 642 | 2,047 | 30,750 | Turlogh O’Brien |
| Circle Anglia | 64,840 | 412 | 1,996 | 30,360 | Sir Robin Young |
| BPHA | 17,660 | 118 | 699 | 28,000 | Robert Burgin |
| Riverside | 53,160 | 316 | 769 | 26,000 | Max Steinberg |
| Aster | 28,220 | 175 | 740 | 25,500 | Mel Cook |
| Affinity Sutton (a) | 35,400 | 297 | 1,355 | 25,000 | Neil Goulden |
| Southern | 28,340 | 175 | 665 | 25,000 | Malcolm Groves |
| Midland Heart | 32,860 | 191 | 577 | 25,000 | John Edwards |
| Your | 33,230 | 170 | 493 | 25,000 | Kathy Cowell |
| Stonewater | 29,710 | 156 | 828 | 25,000 | George Blunden |
| Orbit | 38,490 | 244 | 909 | 24,750 | The Baroness Blackstone |
| New Charter | 19,200 | 100 | 369 | 24,250 | Fay Selvan |
| Flagship | 22,090 | 119 | 580 | 24,088 | Peter Lakey |
Five associations did not pay their board members in either 2013/14 or 2014/15. Catalyst, which did not pay its board in 2014/15, decided to introduce payments of £6,000 from April 2015.
A spokesperson for the association said: ‘To remain competitive in recruiting the best talent to serve on the Catalyst board, helping the organisation deliver its goals of excellent customer services and build more homes, it was decided to provide payments to ensure nobody was out-of-pocket for their involvement.’
A number of associations had chairs or board members who opted to waive their fees. They included two board members at Mosscare and Chris Kane, a board member at Network Housing Group. Lord Richard Best, who chaired Hanover until September 2014, donated his fee to charity.
Affinity Sutton’s chair Neil Goulden once again did not draw his remuneration in 2013/14 and Home Group’s chair, Robert Davies, contributes his fee to the Chairman’s Fund for people in acute financial need. Futures saw the biggest increase in the total paid to its non-executives because it introduced pay for board members of Futures Homeway, formerly called Daventry and District Housing, in 2014/15 following a review.
Paradigm had one of the largest falls in total remuneration to non-executives. Its rates of pay remained the same but it had slightly fewer non-executives in 2014/15 following a review and restructuring of board and committee member pay. Network Housing Group said its overall board remuneration has fallen from £152,000 in 2013/14 to £126,000 in 2015/16 following a reduction in the number of boards and overall board and committee membership.
It collapsed its group structure in April 2016 with a single board so the responsibilities of board members have increased compared to 2013/14 and it has been recruiting new board members with appropriate skills.
A spokesperson said: ‘We have therefore taken the view that it is appropriate to pay our board members a higher annual remuneration to secure strong and expert skills,’ a spokesperson for the organisation said.
They said the group has doubled turnover from £156m to £311m in the last two years, and increased homes owned and managed by over 2,000 homes from 17,800 to 19,865.
‘Our board is therefore responsible for a considerably bigger business than two years ago, while overall board costs per home have reduced.’ Its pay for its committee chairs and board members was under review in 2014/15 so not reported. It did not have a vice chair in the year.
Board member pay: 45 mixed-business RP groups 2014/15
| no. of units | turnover £m | drawn debt £m | total pay non-execs: group, subsidiaries, committees £ | chair £ | vice chair £ | committee chair £ | non-exec member £ | * | name of chair | |
|---|---|---|---|---|---|---|---|---|---|---|
| Sanctuary | 98,900 | 624 | 2,366 | 92,000 | 20,000 | 14,000 | 10,000 to 11,000 | 10,000 | Jonathan Lander | |
| L&Q | 71,700 | 642 | 2,047 | 141,515 | 30,750 | 22,814 | 17,425 | 12,300 | * | Turlogh O'Brien |
| Circle Anglia | 64,840 | 412 | 1,996 | 145,621 | 30,360 | 15,180 | 13,200 | * | Sir Robin Young | |
| Places for People | 140,880 | 551 | 1,796 | 249,000 | 72,222 | 26,401 | * | Chris Phillips | ||
| Genesis | 32,640 | 282 | 1,524 | 95,900 | 20,000 | 10,000 | 6,500 | Charles Gurassa | ||
| Affinity Sutton (a) | 35,400 | 297 | 1,355 | 90,000 | 25,000 | 15,000 | 12,500 | 10,000 | Neil Goulden | |
| Hyde | 49,650 | 326 | 1,323 | 163,000 | 24,000 | 19,000 | 11,500 | * | Mark Sebba | |
| Notting Hill | 30,610 | 381 | 1,254 | 83,000 | 16,500 | 8,300 | 5,500 | Paul Hodgkinson | ||
| A2 Dominion | 35,400 | 297 | 1,355 | 166,664 | 22,000 | 12,000 | 9,000 | Derek Joseph | ||
| Metropolitan | 36,090 | 240 | 987 | 99,717 | 21,773 | 10,977 | 9852 to 9353 | 8,853 | * | Paula Kahn |
| Guinness | 60,220 | 350 | 1,055 | 98,692 | 21,500 | 15,975 | 16,000 | 12,500 | * | Lady Amanda Ellingworth |
| One | 15,230 | 219 | 812 | 136,000 | 20,000 | 15,000 | 12,000 | * | Anthony Mayer | |
| Orbit | 38,490 | 244 | 909 | 104,750 | 24,750 | 13,750 | 15000 to 10500 | 9,000 | * | The Baroness Blackstone |
| Southern | 28,340 | 175 | 665 | 66,000 | 25,000 | 12,000 | 10,000 | Malcolm Groves | ||
| Riverside | 53,160 | 316 | 769 | 100,000 | 26,000 | 19,000 | 9,000 | * | Max Steinberg | |
| Network (b) | 18,040 | 190 | 751 | 138,973 | 20,000 | * | Andrew Watson | |||
| Amicus Horizon | 27,890 | 161 | 642 | 133,000 | 17,774 | 11,985 | 10,455 | 7,319 | Lord Charles Falconer | |
| Radian | 24,780 | 137 | 630 | 110,000 | 16,200 | 8,625 | 8,000 | 6,250 | * | Carol Bode |
| Family Mosaic | 25,020 | 230 | 679 | nil | nil | nil | nil | nil | * | Ian Peters |
| Together | 38,610 | 213 | 670 | nil | nil | nil | nil | nil | * | David Green |
| Catalyst | 20,870 | 212 | 594 | nil | nil | nil | nil | nil | * | Richard Brown |
| Bromford | 28,750 | 160 | 566 | 74,000 | 22,000 | 12,000 | 10,000 | 8,000 | * | Jonathan Simpson-Dent |
| First Wessex | 18,580 | 111 | 605 | 94,000 | 16,000 | 8,400 | 8,400 | 5,800 | Phil Raybould | |
| East Thames (c) | 15,130 | 146 | 540 | 84,000 | 16,750 | 8,375 | * | Tina Tietjen | ||
| Midland Heart | 32,860 | 191 | 577 | 154,000 | 25,000 | 11,000 | 9,000 | * | John Edwards | |
| WM | 29,740 | 141 | 565 | 148,000 | 17,000 | 7,000 | 5,000 | * | Roger Griffiths | |
| Your | 33,230 | 170 | 493 | 92,000 | 25,000 | 12,500 | 9,000 | Kathy Cowell | ||
| Waterloo | 19,950 | 93 | 499 | 90,500 | 19,900 | 13,300 | 6,600 | Dennis Sleath | ||
| Symphony | 41,240 | 168 | 476 | nil | nil | nil | nil | nil | * | Chris Jeffries |
| Great Places | 17,520 | 84 | 471 | 66,000 | 13,500 | 8,000 | 6,500 | 5,500 | * | Tony Davison |
| Longhurst | 18,600 | 104 | 439 | 54,000 | 15,251 | 12,000 | 8,500 | 7,000 | * | Anne Adamthwaite |
| EMH | 18,470 | 94 | 370 | 95,000 | 16,304 | 8,120 | 7,248 | * | Jeffrey Knight | |
| Moat | 20,420 | 107 | 407 | 80,862 | 18,000 | 10,000 | Elizabeth McMeikan | |||
| Accent | 20,830 | 105 | 362 | 92,000 | 15,000 | 8,563 | Gwyneth Sarkar | |||
| Spectrum | 17,470 | 107 | 400 | 100,000 | 17,000 | 10,000 | 6,000 | * | Richard Organ | |
| Asra | 13,920 | 80 | 421 | 62,000 | 20,890 | 13,995 | 11,332 | 8,967 | Aman Dalvi | |
| Greensquare | 11,730 | 80 | 341 | 57,705 | 12,707 | 5,850 | 5,278 | 4,080 | Hilary Gardner | |
| Yorkshire | 17,980 | 88 | 338 | nil | nil | nil | nil | nil | Jim Taylor | |
| Plus Dane | 18,770 | 101 | 315 | 53,000 | 13,000 | 5,000 | 5,000 | Linda Minnis | ||
| Thirteen | 33,800 | 157 | 331 | 183,747 | 20,000 | 12,000 | 10,000 | 8,000 | * | Mike Clark |
| Progress | 9,940 | 71 | 262 | 87,642 | 14,000 | 5,000 | 6,821 | 5,000 | * | Janet Hale |
| Regenda | 12,780 | 56 | 191 | 108,000 | 15,000 | 8,000 | 5,500 | * | John Thomson | |
| Adactus | 13,220 | 59 | 230 | 45,910 | 6,667 | 5,000 | 2,042 | Paul Joyce | ||
| Isos | 16,750 | 65 | 150 | 86,327 | 15,000 | 10,000 | 8,000 | 5,500 | Jackie Axelby | |
| Bernicia | 20,960 | 42 | 67 | 51,613 | 9,000 | 5,400 | 3,600 | * | Ian Armstrong | |
| Notes: 'mixed-business groups' = RP groups operating various activities such as traditional social housing, and /or LSVT subsidiaries, low-cost home ownership and development for market sale. (a) Affinity Sutton: chair does not draw remuneration. (c) all group board members chair a committee (b) Network: pay was under review in 2014/15 so no figures given for committee chairs and board members; chair does not take remuneration | ||||||||||
| Source: * = Social Housing survey of housing associations, otherwise stated in 2014/15 accounts | ||||||||||
New pressures
Boards have already had to grapple with some major changes since the 2014/15 year, such as the four-year, 1 per cent rent cut. It was introduced from April 2016, which was after the period covered by the figures in this report.
In June 2016, Julian Ashby, chair of the HCA’s regulation committee, wrote to chairs of all associations with more than 1,000 homes, setting out new analysis of cost variation across the social housing sector - called ‘Delivering better value for money: Understanding differences in unit costs’ - and changes to the approach to regulating the Value for Money (VfM) standard.
The HCA now considers compliance with the VfM standard as an integral part of its programme of In Depth Assessments (IDAs). Where the regulator does not have sufficient assurances, it will ‘reflect this conclusion in the provider’s published governance grade’.
The regulator said the sector needs to deliver a ‘step-change’ in its operating efficiency over the next five years amid wide variations in costs.
Another change is the introduction of registers of assets and liabilities and stress testing of business plans.
Audit firm Grant Thornton’s annual report on housing association governance, also found a rise in the average total pay for non-executives, for chairs and non-executives in the top 60 associations which it said could reflect the increasing complexity and risk in the sector.
Its study, which this year was entitled ‘Turn it up to eleven’, said boards should challenge assumptions and ‘push the model to breaking point’ as part of the stress tests, while challenging the risks and mitigations on the register regularly.
Overall the board should get the right amount of risk for the organisation, not simply become risk averse, the report added.
Associations are also facing a set of new challenges from deregulation to which boards will need to respond.
Many of these challenges are outlined in Grant Thornton’s report. For example, associations no longer have to get the regulator’s consent to sell properties. This might lead them to change their asset management plans but it also means they have to take even more responsibility for their decisions and cannot rely on the Homes and Communities Agency’s consent to act as a form of due diligence. Consent will also no longer be needed for mergers and restructures and the disposal proceeds fund will be abolished giving associations more flexibility in how they manage funds.
Ian Graham, partner at law firm Trowers and Hamlins, is quoted in the research as saying that associations may be considering new corporate structures in order to build social housing outside the HCA regulatory framework.
Board member pay: RPs sized 2,000–5,000 units 2014/15
| no. of units | turnover£m | drawn debt£m | total pay non-execs: group, subsidiaries, committees £ | chair £ | vice chair £ | committee chair £ | non-exec member £ | name of chair | ||
| Cottsway | 4542 | 28 | 163 | 81250 | 10000 | 6000 | 5000 | 4000 | John Brace | |
| Broadland | 4960 | 26 | 146 | 41300 | 7500 | 3800 | 3000 | 3000 | Baroness Hollis of Heigham | |
| Octavia | 4370 | 39 | 139 | 55000 | 12000 | 4500 | 6500 | 4500 | * | Andrew Herbert |
| Estuary | 4130 | 34 | 135 | 41184 | 10000 | 4245 | 3183 | * | George Kieffer | |
| Hexagon | 4150 | 30 | 144 | 47000 | 8355 | 5188 | 5129 | 3588 | Roy Coulter | |
| B3 Living | 4580 | 24 | 125 | 47000 | 8025 | 4280 | 5350 | 3210 | * | Sandra Royer |
| Ocean | 4331 | 30 | 123 | 77000 | 16577 | 10417 | 7113 | 2223 | * | John Green |
| Worthing Homes | 3569 | 19 | 111 | 34000 | 7880 | 4415 to 3797 | 3021 | * | Christopher Polden | |
| Shropshire | 4524 | 24 | 95 | 101000 | 9000 | 5500 | 3000 | Tim Ralphs | ||
| Mosscare (d) | 4720 | 20 | 93 | 25694 | 5520 | 3314 | 3314 | 2209 | * | Jan Tasker |
| Rosebery | 2732 | 18 | 75 | 27000 | 4450 | 3750 | 3000 | 1440 | * | Stephen Barklem |
| Boston Mayflower | 4770 | 21 | 90 | 31125 | 12000 | 6000 | 2500 | Steve Harriott | ||
| Johnnie Johnson | 5040 | 26 | 77 | 46701 | 9000 | 5500 | 4000 | * | Frances Street | |
| Trident | 3410 | 32 | 84 | 64000 | 13000 | 7000 | 6000 | 4000 | Abigail Robson | |
| Victory | 4989 | 23 | 60 | 28623 | 7700 | 4300 | 4300 | 3000 | * | Clare Barter |
| Colne | 3010 | 15 | 94 | 35000 | 7500 | 5500 | 4500 | 3000 | * | Tim Young |
| Coastline | 4037 | 22 | 28 | 67534 | 9739 | 5096 | 5096 | 3737 | * | Derek Law |
| Family HA (Birm) | 2480 | 12 | 65 | 21000 | 6000 | 2000 | 2000 | Peter Taylor | ||
| Suffolk | 2680 | 16 | 96 | 25000 | 5335 | 3000 | 3000 | 3000 | * | Richard Carter |
| Habinteg | 3280 | 21 | 54 | 58000 | 11000 | 6500 | 5500 | 4500 | * | Manny Lewis |
| Equity | 4480 | 20 | 48 | 73000 | 10500 | 7500 | 7900 to 6100 | 5000 | * | Carole Hassan |
| Gateway | 2890 | 28 | 66 | 44000 | 9000 | 5000 | 6750 to 5000 | 3400 to 2000 | * | Jon Rosser |
| Staffordshire | 3020 | 19 | 55 | 40628 | 8651 | 5500 | 3000 | * | Rhian Hughes | |
| Thrive (b) | 4290 | 24 | 69 | 46000 | 6800 | 4040 | 4040 | 3232 | Richard Laval | |
| Leeds Federated | 4040 | 20 | 41 | 37713 | 7500 | 4500 | 2932 | Helen Jaggar | ||
| Teign (c) | 4363 | 19 | 43 | 14276 | 6795 | 3301 | 4180 | * | Stephen Purser | |
| Two Castles | 3670 | 15 | 52 | 33000 | 7543 | 4161 | 2861 | Michael Johnson | ||
| South Liverpool Housing | 3666 | 18 | 25 | 49000 | 9000 | 5000 | 5000 | 4000 | * | Ian Perry |
| Salvation Army (c) | 3420 | 40 | 22 | 14937 | 10282 | 4655 | John Matear | |||
| Look Ahead | 2580 | 56 | 7 | 83000 | 20000 | 12500 | 12500 | 10000 | * | Stephen Alexander |
(a) Thrive: co-opted members paid £2,525. (b) Salvation Army: chair and current (or former) resident board members are paid, otherwise nil pay. (c) Teign: total remuneration figure for 2014/15, pay per role for 2015/16 (d) Mosscare: two board members waived fees | ||||||||||
| Source: * = Social Housing survey of housing associations, otherwise stated in 2014/15 accounts | ||||||||||
The sector will also become more exposed to the housing market in future as the Homes and Communities Agency’s 2016 to 2021 development programme is almost entirely aimed at shared ownership.
There has been a steady flow of mergers over the past few years and financial pressures may lead to more in future.
The National Housing Federation published its merger code this year to outline how boards should consider the issue.
The Grant Thornton report said boards should set out in advance which aspects of a potential merger would be unacceptable and which are essential, so that they can consider future merger options efficiently.
The report also found the average board size of 10.2 members in 2014/15 was very similar to last year but that the percentage of non-executives on boards had fallen from 91 per cent in 2015 to 86 per cent.
Correction: Affininty Sutton’s total units should read 58,450 rather than 35,400.
Board member pay: other RPs – total pay above £50,000 (non-execs of group, subsidiaries and committee members) 2014/15
| no. of units | turnover£m | drawn debt £m | total pay non-execs: group, subsidiaries, committees £ | chair £ | vice chair £ | committee chair £ | non-exec member £ | name of chair | ||
| Sovereign | 37,830 | 224 | 1,141 | 154,987 | 20,000 | 13,500 | 13,500 | 11,000 | John Simpson | |
| Paradigm | 13,690 | 103 | 679 | 83,126 | 13,351 | 11,040 | 8,730 | 6,676 | David Easson | |
| Aster | 28,220 | 175 | 740 | 190,315 | 25,500 | 17,000 | 12,500 | 11,500 | * | Mel Cook |
| BPHA | 17,660 | 118 | 699 | 112,000 | 28,000 | 19000 to 21000 | no ordinary members 2014/15 | * | Robert Burgin | |
| Home (a) | 54,340 | 333 | 790 | 64,000 | 20,900 | 9,500 | 8,500 | * | Bob Davies | |
| Flagship | 22,090 | 119 | 580 | 78,583 | 24,088 | 12,300 | 10,250 | Peter Lakey | ||
| Thames Valley | 15,080 | 88 | 580 | 70,000 | 20,000 | 10,000 | 8,500 | 5,500 | * | David Clayton-Smith |
| Swan | 10,690 | 82 | 493 | 122,500 | 20,000 | 10,000 | Valerie Owen | |||
| Newlon | 7,600 | 71 | 450 | 61,149 | 13,897 | 8,338 | 5,559 | Sarah Ebanja | ||
| Housing & Care 21 | 18,820 | 204 | 475 | 118,000 | 18,000 | 10,000 | Lord Ben Stoneham | |||
| Town & Country | 9,130 | 69 | 450 | 78,737 | 15,000 | 5,332 | 6,398 | 4,266 | * | Francis Salway |
| Aldwyck | 10,490 | 62 | 401 | 115,000 | 15,000 | 12,000 | 6,000 | Richard Reynolds | ||
| Viridian | 15,730 | 122 | 396 | 76,500 | 16,500 | 10,500 | 6,000 | Hattie Llewelyn-Davies | ||
| New Charter | 19,200 | 100 | 369 | 228,000 | 24,250 | 14,750 | 15,750 | 6,750 | * | Fay Selvan |
| DCH | 22,510 | 117 | 378 | 83,000 | 19,000 | 9,000 | Angela Dupont | |||
| Stonewater | 29,710 | 156 | 828 | 86,708 | 25,000 | 12,000 | 15,000 | 10,000 | George Blunden | |
| Accord | 12,560 | 111 | 396 | 120,591 | 13,887 | 8,229 | 5,658 | 5,658 | * | Akshay Parikh |
| North Hertfordshire | 9,000 | 68 | 288 | 67,000 | 10,558 | 6,334 | 5,596 | 4,223 | Martin Nurse | |
| Sentinel | 9,000 | 66 | 277 | 50,444 | 11,766 | 4,815 | * | John Barker | ||
| Paragon | 8,950 | 70 | 344 | 107,000 | NONE | John Cudd | ||||
| Knightstone | 11,500 | 62 | 258 | 70,000 | 10,000 | 6,000 | 6,000 | 4,000 | Nick Medhurst | |
| CHP | 8,800 | 48 | 359 | 59,657 | 10,626 | 6,376 | 6,376 | 4,250 | * | Ursual Heelis |
| Nottingham Com. | 8,790 | 63 | 226 | 75,000 | 13,000 | 8,000 | 5,000 | Nigel Nice | ||
| Hanover (b) | 19,200 | 102 | 263 | 132,000 | 20,000 | 11,000 | Stuart Burgess | |||
| MHS | 8,480 | 47 | 195 | 65,000 | 21,000 | 8,000 | 6,000 | Joseph Scullion | ||
| Rooftop | 6,750 | 35 | 191 | 66,340 | 10,818 | 3,935 | 6,081 | 3,935 | Nicola Inchbald | |
| Fortis Living | 14,480 | 97 | 250 | 85,239 | 14,000 | 9,200 | 7,250 | 5,600 | * | Mike Moyles |
| Richmond | 9,770 | 53 | 243 | 65,000 | 11,500 | 8,000 | 8,000 | 4,600 | * | John Newbury |
| Community (c) | 6,810 | 37 | 137 | 111,298 | 12,889 | 6,445 | 1,228 | * | Andy Ballard | |
| Irwell Valley | 7,580 | 33 | 121 | 78,000 | 15,000 | 11,300 | 5,500 | * | John McHale | |
| Futures | 9,070 | 45 | 131 | 129,000 | 14,280 | 11,424 | 5,000 | 2,805 | * | Mark Flynn |
| Anchor | 26,350 | 270 | 119 | 202,000 | 35,000 | 25,000 | * | Pamela Chesters | ||
| Trafford | 8,940 | 49 | 100 | 60,000 | 11,000 | 7,000 | 5,000 | * | Edna Robinson | |
| Golding (d) | 6,990 | 35 | 115 | 50,389 | 10,227 | 6,818 | 3,683 | * | Roger Ford | |
| City West | 14,820 | 63 | 80 | 75,923 | 7,780 | 6,000 | 6,821 | 4,608 | * | Andy Zuntz |
| Muir | 5,430 | 28 | 69 | 55,677 | 10,438 | 7,854 | 6,936 | 4,641 | * | David Booth |
(a) Home Group chair's pay is donated to the 'Chairman's Fund' to alleviate poverty. (b) Hanover: chair donates pay to charity. (d) Golding: vice chair also chairs audit committee (c) Community HG: total pay includes pension contribution and benefits in kind. | ||||||||||
| Source: * = Social Housing survey of housing associaitons, otherwise stated in 2014/15 accounts | ||||||||||
- © Social Housing
- All rights reserved