Venue: Committee Rooms, 2nd Floor, West Wing, Guildhall
Contact: Rakesh Hira
tel. no.: 020 7332 1408
Email: rakesh.hira@cityoflondon.gov.uk
No. | Item | ||||||
---|---|---|---|---|---|---|---|
Alderman David Graves took the Chair. |
|||||||
Apologies Minutes: Apologies were received from Deputy John Bennett.
|
|||||||
Members' declarations under the Code of Conduct in respect of items on the agenda Minutes: There were no declarations. |
|||||||
Election of Chairman To elect a Chairman in accordance with Standing Order No. 29. Minutes: Governors proceeded to elect a Chairman pursuant to Standing Order No. 29. Neil Constable being the only Non-City Common Council Governor, indicating his willingness to serve, was duly elected Chairman for the ensuing year, and took the Chair.
|
|||||||
Election of Deputy Chairman To elect a Deputy Chairman in accordance with Standing Order No. 30. Minutes: Governors proceeded to elect a Deputy Chairman pursuant to Standing Order No. 30. Aldermen David Graves being the only Governor indicating his willingness to serve was duly elected Deputy Chairman for the ensuing year.
|
|||||||
To agree the public minutes of the meeting held on 24 September 2013.
Minutes: The public minutes of the meeting held on 24 September 2013 were approved as a correct record subject to the following amendment:
Terms of Reference Amend “to benchmark the salary of the Principal against sector comparators and is (or is not) content with the outcome of the benchmarking” to “to benchmark the salary of the Principal against sector comparators expressing a view and considering whether it is (or is not) content with the outcome of the benchmarking”.
Matters Arising
Salaries
It was noted that salaries of £100k for existing posts (including those with a market forces supplement) and new posts were subject to the approval of the Court of Common Council following the introduction of the Localism Act 2011. It was pointed out that if such a post were to become vacant the Principal would notify the Director of HR as soon as possible.
Annual Report to Board
It was noted that an annual report of the Remuneration Committee would be submitted to the September or November Board meeting. |
|||||||
Questions on matters relating to the work of the Remuneration Committee Minutes: There were no questions. |
|||||||
Any other business that the Chairman considers urgent Minutes: There were no urgent items.
|
|||||||
Exclusion of the public MOTION - That under Section 100A(4) of the Local Government Act 1972, the public be excluded from the meeting for the following items of business on the grounds that they involve the likely disclosure of exempt information as defined in Part I of Schedule 12A of the Local Government Act.
Minutes: RESOLVED – That under Section 100A(4) of the Local Government Act 1972, the public be excluded from the meeting for the following items of business on the grounds that they involve the likely disclosure of exempt information as defined in Paragraph 3 of Part I of Schedule 12A of the Local Government Act as follows:-
|
|||||||
Non Public Minutes To agree the non-public minutes of the meeting held on 24 September 2013.
Minutes: The non-public minutes of the meeting held on 24 September 2013 were approved as a correct record subject to a minor amendment.
|
|||||||
Staff Analysis, Salaries & Sector Comparators Report of the Principal. Minutes: A report of the Principal was considered and received. |
|||||||
Non Public Questions on matters relating to the work of the Remuneration Committee Minutes: There were no questions.
|
|||||||
Any other business that the Chairman considers urgent and which the Board agree should be considered whilst the public are excluded Minutes: There were no urgent items.
|