Pay for charity finance professionals stalled in past year, says survey

Organisations should look at other ways to reward staff in the absence of significant pay increases, says Caron Bradshaw of the Charity Finance Group

Caron Bradshaw
Caron Bradshaw

Average pay in charity finance departments remained broadly static or fell slightly in the past year, according to survey results published today by the Charity Finance Group.

Research for the CFG People and Pay Survey 2013 was conducted in February and March and received 358 responses from professionals in finance departments at 338 charities.

The report says the average salary for a finance director is £61,429, down from £66,531 last year, and that there has been a slight rise or slight fall in pay for most other job titles.

Of the organisations represented, 53 per cent made an across-the-board pay award in 2012 and the average award was 2.3 per cent. And although 58 per cent of charities said they expected to make an award in 2013, the average award is expected to be only 2 per cent.

The sources from which charities receive their income makes a big difference to pay: 60 per cent of charities that get the majority of their income from voluntary donations made a pay award in 2012, compared with only 28 per cent of those who get the bulk of their income from delivering public services.

The report says that finance staff worked more than their contracted hours: 82 per cent of respondents said they usually did so, and 42 per cent said they usually worked more than 20 per cent extra.

According to the report, recruitment patterns suggest there is more optimism about the future, with 25 per cent of staff saying their charity has recruited for a new position this year, compared with 17 per cent last year, and 61 per cent saying they did not expect the recession to affect recruitment, compared with 54 per cent last year.

Caron Bradshaw, chief executive of the CFG, said: "With salaries static and pay award levels decreasing, it’s clear that some charities simply aren’t in a position to reward staff financially.

"Employers shouldn’t take their eye off keeping valued staff happy. We’d urge charities to explore other ways to attract and retain talent – for example, flexible working and training are shown to be valued by staff and can be introduced at little or no cost."

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