Annual Report and Accounts 2009-10 - Welfare Reform impact ...

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The Chief Executive and Directors The Chief Executive and the Directors are employed on ILF terms and conditions. All senior managers (Chief Executive and Directors) receive a salary and are members of the Principal Civil Service Pension Scheme (PCSPS). Patrick Boyle was appointed as the Chief Executive, on loan from DWP, on 12 January 2009. The Trustees have decided to set a policy regarding the senior management pay structure as follows: • to create a fair and transparent pay structure offering salaries in line with the roles and demands on the personnel in those posts; and • to offer competitive salaries to enable the ILF to attract personnel of the required calibre to fill its senior management posts. Trustees have aligned their decision with the key features of DWP’s pay policy as follows: • aligning reward with the business objectives to encourage high performance and improve the focus on the delivery of service; • creating an opportunity to earn bonuses; • ensuring reward arrangements are affordable; • creating a level of salary progression which stops except for those showing a superior performance – superior performance would be recognition of meeting all objectives and exceeding targets in some areas, whilst also showing a number of key behaviours which are regarded as high value; • establishing a relativity of Executive Directors’ salaries at about 65% of that of the Chief Executive; and • progression is subject to performance expectations (performance below the expectation would mean no progression and management action would be necessary for less than adequate performance). 50 Independent Living Fund (2006)
Remuneration Report for the year ended 31 March 2010 The Chief Executive and the Directors have agreed objectives which are set, by the Chairman of the Board of Trustees and the Chief Executive respectively, at the beginning of the financial year. The Chief Executive’s and Directors’ performance will usually be reviewed annually with the Directors’ overall assessment informed by monthly one-to-one meetings. All employees must have a minimum of six months’ service to be eligible for an annual salary review. In the event of early severance, compensation would be payable in accordance with ILF terms and conditions, and paid in accordance with the relevant provisions of the Civil Service Compensation Scheme. 51 Annual Report and Accounts 2009-10
Page 1 and 2: Independent Living Fund (2006) Annu
Page 3 and 4: Independent Living Fund (2006). Ann
Page 5 and 6: Contents. About us 4 Engaging effec
Page 7 and 8: 5 Annual Report and Accounts 2009-1
Page 9 and 10: A message from the Chairman and the
Page 11 and 12: Our values and behaviours. The ILF
Page 13 and 14: 11 Annual Report and Accounts 2009-
Page 15 and 16: Delivering a high quality service t
Page 17 and 18: Strategic aim 1 Our application cle
Page 19 and 20: A new advisory group supports our T
Page 21 and 22: Strategic aim 2 At the event, we la
Page 23 and 24: Strategic aim 3. Engaging proactive
Page 27 and 28: Strategic aim 4 Finally, our commit
Page 29 and 30: Audit service The Comptroller and A
Page 31 and 32: Strategic aim 5 Business continuity
Page 33 and 34: Increasingly, the experiences and n
Page 35 and 36: The ILF prides itself in placing us
Page 37 and 38: Introducing the people behind the I
Page 39 and 40: Introducing the people behind the I
Page 43 and 44: Trustees’ appointments, training
Page 45 and 46: Management Commentary • Biannual
Page 47 and 48: Management Commentary The ILF reque
Page 49 and 50: Statement of Accounting Officer’s
Page 51: • to be appraised by the Chief Ex
Page 55 and 56: Remuneration Report for the year en
Page 63 and 64: Capacity to handle risk Whilst ever
Page 65 and 66: Statement on Internal Control for t
Page 67 and 68: Statement on Internal Control for t
Page 69 and 70: The Certificate and Report of the C
Page 71 and 72: The Certificate and Report of the C
Page 73 and 74: Statement of Financial Position as
Page 75 and 76: Statement of Cash Flows for the yea
Page 77 and 78: Transferred Assets Reserve - relate
Page 79 and 80: In the current year the FReM includ
Page 81 and 82: Notes to the Accounts for the year
Page 100: Published by TSO (The Stationery Of

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