£160,000 pay off for former St Mungos boss
Inside Housing today reports that Charles Fraser, former CEO at St Mungos, was given a pay off of £160,000 when he left the organisation. Clearly there is no race to the bottom for CEO's!
Staff at St Mungos broadway, created through a merger with Broadway when Charles Fraser left the organisation have passed a vote of no confidence in the new management team as reported elsewhere on this site.
The new management has announced its keeness to work with commercial corporations such as Serco, cut the pay of new fron line workers, stop negotiating with the union on pay for staff, increase pay for HR advisors and make a number of draconian changes to HR policies and procedures. Unite members took strike action for seven days and meet today to plan next steps.
EXCLUSIVE: £160,000 payout for former homelessness charity chief
The former chief executive of a strike-hit homelessness charity received a pay-out of nearly £160,000 when he stepped down this year, recent accounts reveal.
Charles Fraser, CEO of St Mungo’s
Charles Fraser, former head of St Mungo’s, stood down in April when it merged with Broadway to create St Mungo’s Broadway – one of Britain’s biggest homelessness organisations.
According to St Mungo’s latest accounts for 2013/14, Mr Fraser received £157,538 in ‘additional contractual payments’ following his resignation from the charity this year.
The £157,538 was included in his payment for the whole of the 2013/14 year, which was £274,000. This £274,000 figure includes his annual salary for 2013/14.
Unite members at St Mungo’s Broadway ended their seven-day strike on Friday, with more that 500 of the charity’s workers protesting over changes to pay for new staff members.
The charity’s changes to pay would mean new staff will no longer be paid according to rates set by the National Joint Council – which are negotiated with unions – and would instead receive wages in line with market rates.
Unite has said because market rates have been depressed in the homelessness sector for a number of years, this will lead to a reduction in the salaries of new staff.
Last week, Hackney Council said it was reviewing its contracts with St Mungo’s Broadway in light of the pay dispute. Islington Council is also urging the charity to re-think the salary changes to ‘ensure a fair future’ for staff.
Follow the link to read the full Inside Housing story: http://www.insidehousing.co.uk/care/exclusive-160000-payout-for-former-homelessness-charity-chief/7006520.article