We publish details of the salaries paid to our staff and board members.

We believe that our customers and the general public should be able to see easily how effective we are and how we provide value for money.

Employee salaries

The costs for our employees for the 2015/16 financial year are listed in the table below:

Staff costs£million
Wages and Salaries63
Social security costs (e.g. National Insurance)7
Other pension costs10
Total80

The table below shoes the full time equivalent number of staff who received remuneration, earning over £60,000. The figures include salaries, performance related pay, loss of office payments and benefits in kind, but exclude pension contributions:

Salary band (£)Number of employees
60,001 to 70,00055
70,001 to 80,00051
80,001 to 90,00025
90,001 to 100,0005
100,001 to 110,0009
110,001 to 120,0002
120,001 to 130,0003
130,001 to 140,0002
140,001 to 150,0001
150,001 to 160,000-
160,001 to 170,0001
170,001 to 180,0001
180,001 to 190,0002
190,001 to 200,0001
200,001 to 210,000-
210,001 to 220,000-
220,001 to 230,000-
230,001 to 240,000-
240,001 to 250,0002
250,001 to 260,000-
260,001 to 270,000-
270,001 to 280,000-
280,001 to 290,000-
290,001 to 300,000-
300,001 to 310,000-
310,001 to 320,000-
320,001 to 330,000-
330,001 to 340,000-
340,001 to 350,000-
350,001 to 360,0001
Total161

Board member salaries

The table below details the remuneration received by current and previous members of our group board during the 2015/16 financial year.

Board memberAdditional responsibilitiesRemuneration (£)
Aubrey Adams
(appointed 3 September 2015)
  • Chair, Group Board
  • Chair, Governance and Remuneration committee
31,670
Anne Elizabeth Bassis
(appointed 3 September 2015)
 12,670
Frank Chersky
  • Chair, Resident Board
17,950
Robert Cooper
  • Chair, Audit and Risk Committee 
17,950
Tracey Fletcher-Ray
(appointed 3 September 2015)
 7,295
Samantha Hyde 12,670
Joanna Killian
(resigned 18 May 2015)
 2,351
David Montague nil
Michael More
(appointed 3 September 2015)
 10,335
Trevor Moross 12,670
Turlogh O'Brien
(stepped down 3 September 2015)
  • Chair, Group Board
13,556
Simon Rubinsohn
  • Chair, Development Committee
17,580

Tax policy

The Trust should pay any corporation tax legally due on its activities. However, the Trust is a charity and as such may claim exemption from corporation tax on most forms of income and capital gains, if they are applied to charitable purposes. In addition, the Trust has established a group structure so that the Trust's commercial subsidiaries undertake non-charitable activities and gift aid surpluses earned to the Trust. This is designed to maximise the amounts available for reinvestment in our business.