Our salaries

An overview of salaries paid to our employees.

Staff pay by bands

Salaries payable (including bonuses and excluding pensions) to employees earning £60,000 and above (excluding Group Executive Directors) were:

Range £’000 2018 Number
60-69 31
70-79 22
80-89 11
90-99 2
100-109 5
110-119 3
120-129 3
130-139 1
140-149 2

Ratio of pay of highest earner to lowest earner

Gross salary of the lowest earner compared to gross salary of the highest earner for the year was 1:11.

Chief executive’s salary

Chief executive, Rod Cahill, earned a salary of £208,669. Gross salary paid to him divided by total number of homes owned and managed at the year end was £9.91.

Pay of board members

Remuneration payable to the Group Board members for the year were:

Salaries £’000 Pension costs £’000 Bonus £’000 Total 2018 £’000
Anne Markey 6  –  – 6
Heneage Stevenson 7  –  – 7
John Sheldrick 4  –  – 4
Richard Brown 16  –  – 16
Nici Audhlam-Gardiner 4  –  – 4
Paul Evans 5  –  – 5
Alison Knocker 9  –  – 9
Terence Hartwell 7  –  – 7
Heide Baumann 6  –  – 6
Mike Jones 5  –  – 5
Simon Wilkinson 3  –  – 3
Andrew Wells 3  –  – 3
Graham Woolfman 5  –  – 5
Total 80  –  – 80

Executive pay

Remuneration payable to the Group directors for the year were:

Salaries £ Pension costs £ Bonus £ Total 2018 £
Rod Cahill, Chief Executive 208,669  – 208,669
Rachael Dennis, Chief Operating Officer 189,664 17,717 207,381
Judith Foss, Executive Director of People and Culture 133,927 13,005 146,932
Tom Titherington, Executive Director of Property and Growth 159,455 14,894 174,349
Total 691,715 45,616 737,331

How we set our pay levels

The board is responsible for setting the terms and conditions of the leadership team, ensuring that they are fairly rewarded for their contribution to Catalyst’s overall performance. In doing so the board takes account of market information provided by an external consultant. The role of the governance committee is to review the effectiveness of governance arrangements, board composition and succession and remuneration, including approving the pay award and senior staff pay.