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ARTICLE · 19 SEPTEMBER 2011

Rewards And Recognition

The current job market suggests that there should be a surplus of good candidates.

United KingdomCorporate/Commercial Law
Hugh Margesson
Hugh Margesson

The current job market suggests that there should be a surplus of good candidates. However, the experience of many employers in the charity sector is that suitable and motivated candidates are in short supply. This has led numerous charities to consider their structure and approach to reward.

A greater focus on performance rather than length of service or 'commitment to the cause' is driving a more business-like view of pay and benefits packages. A comparison of sector pay rises in the three months to the end of June 2011 by the IDS Pay Report shows a 1.3% rise for the charity sector compared to 2.5% over all sectors.

Benchmarking

Ensuring a competitive reward offering is important, but who should charities benchmark themselves against in terms of pay?

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