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Friday, September 26, 2014

Social landlord chief execs pay

Private landlords are commonly regarded as money grabbing opportunists, and yet it appears those in the public sector are just as self interested when it comes to it.

The chief execs and managers are seemingly not adverse to feathering their financial nests, even if that means siphoning away some twigs that might have been used to help provide better accommodation  for someone who needs it.

According to Inside Housing, last year, the average chief executive handed themselves a 3.98% salary increase, despite the freeze on wages in many sectors of the UK.

According to the Guardian, the average chief executive in social housing, including bonuses, now earns £173,321, with the highest paid post hitting £322,316.

Nice work... maybe we need to move over to the public sector - just think of the pension.

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