The Charity Commission looks like it is waving a large stick covered in tar, which is unhelpful guidance (threat?) for Trustees of small and medium sized charities (the vast majority of charities) who, in my experience, are trying to ensure they attract the right CEO to survive first and then thrive. The right CEO is hard to find and, whilst average salaries are significantly lower than the private sector, market dynamics are just as competitive.
I am starting to wonder if the Charity Commission for England and Wales needs to add categories of membership to stop some of these damaging headlines and help the public understand the sector better. Because I read this and my hearts sinks, because I know what the implications of the piece will be. All because 19 charities (out of 170,000) paid 44 people (out of a workforce of over a million) more than £400,000. Yes it is a huge sum but it is worth noting that 20 of these come from Wellcome Trust who have a turnover of >£500million and won't be in receipt of individual donations. And a handful more come from Nuffield Health whose £1billion+ turnover would dwarf most private sector companies. As a sector we need to do more to educate the public on the modern day role that charities play in society, but I can't help but think that we might also need a better way of categorising the 'super charities' so that it is clear that charity in the year 2025 takes many forms - and this is not a representative one.
And then there is the issue of having Trustees who are collectively qualified and experienced to make the right "commercial" judgements, but that's another challenge smaller charities are having to navigate....
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2moOk....wielding a big stick in one hand and a tarred brush in the other....you knew what I meant 😁