Our salaries

An overview of salaries paid to our employees.

Staff pay by bands

Salaries payable to employees (including bonuses and excluding pensions) to employees (excluding group directors) were:

Range £’000 Number
60-69 30
70-79 18
80-89 13
90-99 5
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 1:17.

Chief executive’s salary

Chief executive, Rod Cahill, earned a salary of £205,000. Gross salary paid to him divided by total number of homes owned and managed at the year end was £10.54.

Pay of board members

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

Salaries £’000 Pension costs £’000 Bonus £’000 Total 2016 £’000
Anne Markey 6  -  - 6
Heneage Stevenson 9  -  - 9
John Sheldrick 9  -  - 9
Christina Tom-Johnson 6  -  - 6
Richard Brown 16  -  - 16
Nici Audhlam-Gardiner 9  -  - 9
Paul Evans 10  -  - 10
Alison Knocker 8  -  - 8
Susan Parsonage 8  -  - 8
Total 81  -  - 81

Executive pay

Remuneration payable to the Group directors for the year were:

Salaries £’000 Pension costs £’000 Bonus £’000 Total 2016 £’000
Rod Cahill, Chief Executive 204  - 1 205
Rachael Dennis, Executive Director of Finance and IT 157 15 4 176
Maria McCann, Executive Director of Customer Services (appointed 04/01/16) 36 - - 36
Paul Bridge, Interim Executive Director of Customer Services (appointed 02/09/15 – resigned 12/02/16) 91 - - 91
Julia Moulder, Executive Director of Property 140 13 - 153
John Foxall, Director of Customer Services (resigned 17/07/15) 43 10 - 53
Judith Foss, Executive Director of People and Organisational Development 126 12 3 141
Tom Titherington, Executive Director of Business Development and Market Intelligence 145 13 3 161
Total 942 63 11 1,016

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.