Our finances and pay
We’re committed to being open and transparent about the work that we do, and about the money that we raise and how we spend it.
Our income and expenditure
Our main income sources are:
legacies – generous legacy donations help us to continue to fund our vital work
intellectual property income – we funded the researchers who developed a groundbreaking treatment for rheumatoid arthritis
voluntary income – from running the marathon, to playing our raffle, to holding a bake sale, our brilliant supporters help us to raise millions of pounds every year
investment income – we work with our investment advisors to make sure that we maximise the income from our investments.
The majority of our charitable activity spending is on research and information and awareness. We’re also increasing our activity in providing direct support for people with arthritis, policy and campaigning.
You can read a detailed analysis of our income and expenditure and our administration and staff costs in our
annual reports and accounts. Our approach to pay
We employ just under 200 people who are based:
in our main offices in London and Chesterfield
at home supporting our volunteers in local communities
in our shops.
We believe that although the charity sector can’t, and shouldn’t, compete with the commercial sector on pay, we must pay a fair salary for the skills and the experience that we need to run a professional, cost-effective and successful charity.
Our remuneration policy is based on transparency and equality. We do this by:
making sure that our roles are paid at a similar level to other roles in the sector – we use relevant benchmarking information when we set salaries and participate in a number of charity sector pay and benefit surveys
paying salaries that recognise the specific skills that employees bring to their particular role
reviewing our pay levels annually
paying all our employees at or above the UK living wage
recognising and rewarding the individual contribution of each employee through our annual appraisal system
applying the same terms and conditions of employment and eligibility for employment benefits to all of our people, including our senior leadership team
being open about how much we pay our employees and why.
The table below shows the gross annual salary distribution of all our employees on a full-time equivalent (FTE) basis within £5,000 bands as at April 2016.
As at April 2016 all employees are paid at the national living wage as determined by the National Living Wage Foundation of £8.25 per hour or above.
Senior management pay
As with all of our roles, our senior leadership team’s pay is reviewed annually and is benchmarked with other salaries in the sector.
The performance of our chief executive officer and members of our senior leadership team is assessed against the same criteria as all other employees as part of our annual appraisal and pay award process.
We think it’s important to publish the details of all roles who receive a basic gross full-time equivalent salary of more than £60,000 a year. Some of our senior roles, like our head of digital, strategic development programme manager and director of strategic development, are part-time roles, so their actual salary is lower than the salary banding in the table below.
Interim senior project accountant
Head of policy and public affairs
Strategic development programme manager
Head of digital
Director of strategic development
Director of fundraising
Director of external affairs
Director of finance and corporate services
Director of HR and organisational development
Director of research and programmes
Chief executive officer
Where no individuals fall within a £5,000 band, these aren't included.
Our pay ratios
Our highest paid employee receives a gross annual salary of £142,647, which is 4.7 times higher than our median annual salary of £30,237 and 9.5 times more than our lowest salary of £15,015.
Our gender pay ratios
We support greater transparency around the reporting of gender pay differences and have included the gender of employees earning a full-time equivalent salary of more than £60,000 per annum in the table above.
The median salary for the entire employee population of Arthritis Research UK is £30,237pa. For female employees the median is £28,852 compared to the median salary for male employees of £32,976. The gap equates to 12.5%. The gender pay gap for all UK employees reported by the Office for National Statistics in February 2016 is 19.2%.
More details on how we’re governed and our finances can be found in our
annual report and accounts.
This information is correct as at April 2016.
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