Remuneration Committee (Staff)

Context

The Remuneration Committee for Staff is advisory to the Executive Committee (ExCo) and acts to review and agree the remuneration policy and practice for the College. 

Terms of Reference

• To determine the policy for total remuneration and benefits, including any bonus payments, for all staff within the College except for those covered by RemCo (ExCo).
• To agree on individual salary levels, increments or financial recognition in relation to new roles, job changes/extra responsibilities, or major projects. 
• To ensure that payroll costs are managed within available resources.

Authority

The Committee has authority to:

• Set the remuneration for the organisation as a whole, other than members of ExCo within budgets set by the NCH at Northeastern Limited Board of Governors.
• Select internal and/or external benchmarks or systems to inform the correct setting of remuneration, benefits and performance pay, and to obtain relevant external advice if it considers this necessary.

Membership

All members of Executive Committee (the Chair of the Executive Committee will serve as the Chair of this committee) 

HR representative (Secretary) 

Director of Finance

Quorum

The quoracy requirements shall be at least half of the current members to include the Chair or alternate Chair. In the case of an equal vote, the Chair shall have a casting vote. If the meeting is not quorate, any decisions shall be ratified at the next meeting or through email communication.

Frequency

There are two meetings each year in April/July. Further meetings may be arranged as required.

Consults with

Senior Management Team, Heads of Faculty

Reports to

Executive Committee