As the Labour Government pushes more and more for the total abolition of council housing, the bosses of the Housing Associations who are set to benefit, get massive pay awards. The figures below are taken from The Guardian newspaper – we’ve added the local details. Who’s benefiting from this – the tenants or those already earning a ludicrously high wage? Another report in the same paper points the finger at the new levels of bureacracy within many Housing Associations.
Pay rise details for local housing association bosses:
Tony Shoults of Metropolitan Housing Trust – who make up half of Canalside, the developers of Haggerston East and Whitmore gets an 8.1% pay rise taking him to £92855.
Richard McCarthy, who with the Peabody Trust brought us the Glasshouse on Murray Grove (rents now start at £160 per week) and Cremer Street (£200 a week) is on £114022 a week,a 15.2% pay rise.
Michael Morris of the William Sutton Trust gets a 7.8% pay rise taking him to £97,000. Tenants on the Sutton Estate by Old Street will no doubt be interested in seeing if he breaks the £100,000 a year barrier next year.
The average Chief Exec pay in the top 100 housing associations is now £88,000.
In response to Hackney IWCA’s (Hackney Independent as of summer 2004) press release on 2nd October (Hackney Independent Slams Council’s MORI poll) Hackney Council has suggested in the Hackney Gazette that our criticisms are “ridiculous” and that they have a statutory responsibility to canvas opinions on how the council is run.
Fair enough, but they also have a statutory responsibility to provide repairs to flats and a basic level of services, which they clearly don’t do. So what do the council view as a priority – a PR exercise run by a company set to make thousands of pounds out of a cash-strapped borough or dealing with the day to day problems facing Hackney’s working class majority?