Securing the right people to deliver our ambitions is key to our strategy. One of the many ways we do that is through our competitive reward structure. We commit to paying staff a fair salary that is competitive within the charity sector, proportionate to the complexity and responsibilities of each role, and in line with our charitable objectives.
We pay all staff a living wage of at least £10.85 per hour in London and £9.50 per hour in the rest of the UK, as of 31 March 2020. We are accredited by the Living Wage Foundation.
In 2020, despite the financial impact of the coronavirus pandemic, we continued our commitment to uphold our three agreed key principles for pay at Save the Children UK:
- responsible financial management
- market competitiveness in line with the wider charity sector.
Financial constraints have restricted our approach to pay management this year, including the decision not to apply a workforce-wide pay award.
Save the Children UK decided to ‘top up’ the governmentfunded furlough scheme to maintain employee salaries at 100%, as well as significantly extending special leave provisions for those with caring responsibilities.
We acknowledge that debates over pay – and executive salaries, in particular – are important and reflect genuine public concerns. We are committed to achieving the right balance between recognising these concerns while at the same time ensuring our salary levels help attract the talent we need to run an effective and efficient multinational organisation. The People Committee oversees our pay policy and decides on the salaries of our Chief Executive and executive directors.
In line with recommendations from the National Council for Voluntary Organisations 2014 inquiry into executive pay, we publish our approach to pay, including details on our gender pay gap and ethnicity pay gap, in detail on our website. We explain how our pay levels are defined, publishing the ratio of pay levels across the organisation and listing the roles and salaries of our executive team. For further details on staff salary and pensions costs, please see notes 8 and 25 in the financial statements of our latest Annual Report.