RQIA Annual Report & Accounts 2011-12 - Regulation and Quality ...

Senior Executives’ Salary and Pension Entitlement
The salary and the value of any taxable benefits in kind of RQIA senior executives
were as follows (Audited):
2011/12
Name Salary Bonus or
Performance
Pay
Benefits in
Kind (to
nearest £100)
Salary
2010/11
Bonus or
Performance
Pay
Benefits in
Kind (to
nearest £100)
£'000 £'000 £ £'000 £'000 £
Glenn Houston 100 - 105 - - 100 - 105 - -
Maurice Atkinson * 60 - 65 - -
55 - 60*
(60 - 65 Full
Year
Equivalent)
- -
Phelim Quinn 75 - 80 - - 75 - 80 - -
Theresa Nixon 70 - 75 - - 65 - 70 - -
David Stewart 145 - 150 - - 145 - 150 - -
* The prior year reduction in M Atkinson‟s salary relates to an approved period of
unpaid leave.
The monetary value of benefits in kind covers any benefits provided by the
employer and treated by the Inland Revenue as a taxable emolument. No such
benefits were paid in 2011-12 or 2010-11. Similarly no bonuses or exit packages
were awarded in 2011-12 or 2010-11.
Reporting bodies are required to disclose the relationship between the
remuneration of the highest paid director in their organisation and the median
remuneration of the organisations workforce. This relationship is detailed in the
table below (Audited):
Total Remuneration
2011/12
Total Remuneration
2010/11
Highest Earners Total
Remuneration (Bands of £5K)
£145K - £150K £145K - £150K
Median Total Remuneration £38,851 £38,851
Ratio 3.8 3.8
The banded remuneration of the highest paid director in RQIA in the financial year
2011-12 was £145K - £150K which was unchanged from 2010-11. In 2011-12 this
was 3.8 times the median remuneration of the workforce, which was £38,851. In
2010-11 this was also 3.8 times and the median remuneration was also £38,851.
43