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Recession hits housing association executive pay

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Source: IRS Employment Review

Date: 22/01/2010

Publisher: IRS

Recession hits housing association executive pay

TOPICS:

pay and benefits

benefits (pay-related and other)

Almost half (47%) of all housing association chief executives expect to have their salary frozen next year, according to a report published by accountancy and financial services group Smith & Williamson¹, while one-third (31%) were subject to a pay freeze in 2009.

Two-thirds of the 38 housing associations surveyed were able to give an indication of the likely level of their 2010 executive pay review.

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