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 (excluding Group Executive Directors) were:

Range £’000 2017 Number
60-69 29
70-79 20
80-89 11
90-99 4
100-109 3
110-119 2
120-129 1

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 1:12.

Chief executive’s salary

Chief executive, Rod Cahill, earned a salary of £210,506. Gross salary paid to him divided by total number of homes owned and managed at the year end was £9.74.

Pay of board members

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

Salaries £’000 Pension costs £’000 Bonus £’000 Total 2017 £’000
Anne Markey 6  -  - 6
Heneage Stevenson 9  -  - 9
John Sheldrick 9  -  - 9
Christina Tom-Johnson 3  -  - 3
Richard Brown 16  -  - 16
Nici Audhlam-Gardiner 9  -  - 9
Paul Evans 10  -  - 10
Alison Knocker 9  -  - 9
Susan Parsonage 2  -  - 2
Terry Hartwell 2  -  - 2
Heide Baumann 2  -  - 2
Total 77  -  - 77

Executive pay

Remuneration payable to the Group directors for the year were:

Salaries £ Pension costs £ Bonus £ Total 2017 £
Rod Cahill, Chief Executive 206,179  - 4,327 210,506
Rachael Dennis, Chief Operating Officer 160,488 15,012 500 176,000
Judith Foss, Executive Director of People and Culture 128,482 13,111 500 142,093
Tom Titherington, Executive Director of Property and Growth 144,769 13,547 500 158,816
Julia Moulder, Executive Director of Development (resigned 28/10/2016) 141,228 13,720 500 155,448
Maria McCann, Executive Director of Customer Services (resigned 13/01/17) 164,766 - 500 165,266
Paul Bridge, Interim Executive Director of Customer Services (02/09/15 – 12/02/16) - - - -
John Foxall, Director of Customer Services (resigned 17/07/15) - - - -
Total 945,912 55,390 6,827 1,008,129

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.