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BOARD TO BE PAID; pounds 4k for housing members.


BOARD members of Erimus Housing - Middlesbrough's largest social landlord - are to be paid.

This year they will get pounds 4,000, with the board chairman receiving pounds 9,000.

Members of the board have not previously been paid. Erimus was set up in 2004 and took over Middlesbrough's stock of council housing.

Erimus Housing owns more than 11,000 properties and is one of the country's leading registered social landlords.

The decision on pay comes as the Erimus board is being reduced from 15 to 12 members - four independent members, four tenant representatives and four Middlesbrough councillors.

Erimus Housing managing director Chris Smith said the board operated by the National Housing Federation's Code of Governance. "This requires us to review remuneration of board members from time to time," she said.

"It has become increasingly common for housing association boards and other organisations such as health trusts to pay board members to reflect the time, skills requirements, strategic decision-making and personal commitment sitting on a board requires. "Local councils also pay councillors for their roles."

She said Erimus Housing had on two previous occasions considered payment but decided against it.

"Last year, the board commissioned an independent report outlining the potential business case for the payment of board members. The report recommended that, given the changing and constantly challenging environment for housing associations, boards needed to be sure they had the right skills and abilities to address the complex requirements of running a multi-million pound business. This report sat alongside a review of the board structure, with a view as to how the board could be strengthened."

Mrs Smith said it had been agreed that remuneration should now be accepted, given the changes. The payment had been set using National Housing Federation guidelines and was commensurate with organisations of similar size and stature. "We believe this is a positive move to ensure we continue to be a successful organisation, delivering excellent services to our customers," she said.
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Publication:Evening Gazette (Middlesbrough, England)
Geographic Code:4EUUK
Date:Apr 8, 2011
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