BRITISH TOURIST AUTHORITY TRADING AS VISITBRITAIN ...

VisitBritain and VisitEngland
Annual report and financial statements for the year ended 31 st March 2010
Remuneration Report
(The figures for the Remuneration Report of the Board and senior executives are within the scope of the Comptroller and Auditor
General’s audit opinion on the accounts)
INTRODUCTION
The information in this report relates to the Chief Executive (Accounting Officer) and Senior Executives of VisitBritain including the
Chief Executive of VisitEngland and also includes details of the remuneration of the VisitBritain and VisitEngland Board Members.
The purpose of Remuneration Committee is to:
To assist the Chairmen of VisitBritain and VisitEngland in assessing the performance of their Chief Executives against their
objectives;
To make recommendations each year to the Board of the VisitBritain on the level of pay increase and bonus which they should
receive;
To assist and advise the Chief Executives in assessing the performance of the Directors each year in order to determine their
pay increases and bonuses; and
To consider any matters relating to employees’ conditions of service, remuneration and related matters as the Chief
Executives or Boards may refer to it.
Membership
The Committee consists of four members drawn from the Boards of VisitBritain and VisitEngland, including the Chairman of
VisitBritain, who are appointed by the VisitBritain Board.
The Committee elects its own Chairman and the quorum of the Committee is three including the Chairman of VisitBritain and the
Chairman of the Committee (the Committee is currently chaired by the Chairman of VisitBritain).
The Chief Executives, Director of Business Services and the Head of People and Performance attend meetings as required and the
Secretary to the Boards is the Secretary to the Committee..
No member of staff, including the Chief Executive, is present when his/her remuneration is being discussed
The members of the Remuneration Committee are:
Membership: Christopher Rodrigues, CBE (Chairman of VisitBritain and the Remuneration Committee)
Penelope, Viscountess Cobham
Peter Lederer, CBE to 31 st March 2010
Alan Parker, CBE to 31 st March 2010
Secretary: Ros Carey
Remuneration Policy for Executives
Under the terms of the Development of Tourism Act, 1969 and the Financial Memorandum, the conditions of service that the
VisitBritain offers to its staff, and its pay award scheme, must be approved by the Department for Culture, Media and Sport (DCMS).
DCMS must, in turn, obtain Treasury approval before agreeing the pay award framework each year. Increasingly, Treasury insists
that pay awards should be performance driven. The arrangements for the Chief Executive of VisitBritain are slightly different from
those that apply to the Chief Executive of VisitEngland, the Directors and the rest of the staff but the same principles apply.
Performance Assessment and Payment
Performance objectives are mutually agreed at the beginning of the financial year. These consist of a mix of hard numerical / factual
objectives, certain behavioral objectives (core competencies) and are similar to those for other staff. (See section 7 – Staff)
These objectives are then monitored and measured throughout the year with a half yearly and final review when a performance
rating is agreed.
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