The Scottish Housing Regulator today issued Recommended Practice for governing body members of RSLs on managing salary decisions for their senior officer. The purpose of the note is to offer practical support for governing bodies when they consider or review any element of their senior officer’s remuneration package.
Christine Macleod, Head of Support and Intervention, said “Providing this clear, practical guidance on remuneration is a key way we can help governing bodies drive their own governance improvements and carefully manage costs to achieve the best value for tenants. I would encourage all governing body members to consider the advice and how they will make use of it in their organisation”.
The note highlights that robust remuneration decisions are based on: a formal and transparent process which identifies and manages conflicts of interest openly and appropriately; clear delegated authorities; and independent and objective sources of evidence.
Read SHR's Recommended Practice for RSL Senior Officer Remuneration
1. The Scottish Housing Regulator was established on 1 April 2011 under the Housing (Scotland) Act 2010. Its objective is to safeguard and promote the interests of tenants and others who use local authority and RSL housing services. The Regulator operates independently of Scottish Ministers and is accountable directly to the Scottish Parliament. It assumed its full regulatory responsibilities on 1 April 2012. The Regulator consists of the Chair and three Board members. More information about the new Regulator can be found on its website at www.scottishhousingregulator.gov.uk
- SHR regulates around 180 Registered Social Landlords and the housing activities of 32 local authorities.
- The SHR published its Regulatory Framework in February 2012. This explains in detail how the Regulator will use its powers. It also published Regulatory Standards of Governance and Financial Management which set out the regulatory requirements for the good governance of all RSLs.
- The SHR uses the term ‘governance’ to refer to the arrangements for the leadership, strategic direction and control of a RSL. The term ‘governing body’ is used to refer to the management committee or board which leads, controls and directs the RSL.
- The Regulatory Framework, Standards of Governance and Financial Management and Recommended Practice publications are all available on the Regulator’s website.
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