The senior leadership team at the National Council for Voluntary Organisations has volunteered to take temporary pay cuts of up to 25 per cent during the pandemic period.
The NCVO said yesterday that its four-strong senior leadership team had asked its HR and remuneration committee to approve a temporary reduction in their salaries in order to help support the NCVO through this challenging financial time.
Forty per cent of the representative body’s income comes from training, conferences or hire of its conference venue. All of these revenue sources have been significantly affected by the recent lockdown.
The salary reductions have been made for a three-month period until the end of June, at which time they will be reviewed.
Last week the NCVO announced that it had introduced a system under which about a third of its 100-strong workforce will be on furlough at any one time.
The staff who have volunteered to take the salary cuts are Karl Wilding, its chief executive, who will see his annual pay fall from £120,000 to £90,000; Susan Cordingley, deputy chief executive, whose pay will fall from £97,306 to £85,306; Sarah Vibert, director of public policy and volunteering, whose salary will drop from £92,306 to £82,306; and Megan Griffith Gray, director of strategy and transformation, whose pay will fall from £73,845 to £65,845.
Wilding had already asked for his annual salary to be reduced by about £25,000 shortly after he took up the role last year.
A spokesman for the NCVO said in a statement: “The team felt this was the right decision for us, especially at a time when some of our staff will be seeing their pay reduced as a result of being furloughed. While we are topping up salaries for staff at the lower end of our pay scales, others will still see their pay reduced.”