Agenda item

Report of the Director of HR.

Members considered a report of the Director of Human Resources regarding the 2020/21 Pay Policy Statement.

At its meeting on 5 December 2019, the Senior Remuneration Sub-Committee proposed that the last sentence of paragraph 3 of the Statement be extended to include: “…and are outside the scope of the Act”. This amendment was supported by officers and by Members.

Members discussed how suggestions made at the Senior Remuneration Sub-Committee had been recorded and were concerned that these changes had not been picked up in the version presented to them for approval. In light of the Court of Common Council’s decision to minimise minutes to decision only, Members agreed that in future they would need to be explicit when their observations should be recorded as resolutions.

11.07 – Sheriff Christopher Hayward, Deputy the Revd Stephen Haines and Barbara Newman joined the meeting.

The Director of Human Resources explained that the current document presented to the Committee for approval was a compliant document that replicated other local authority pay policies.  For 2021/22, further revisions would be made to the document, so it more accurately captured the City of London Corporation’s terms of governance. Members were satisfied that the bulk of the proposals discussed at the Senior Remuneration Sub-Committee would be captured in next year’s policy, however, they agreed that two revisions should be made to the current document including oversight of Incentive Schemes and the authority of the Establishment Committee.

RESOLVED – that,

·         Paragraph 3 of the Pay Policy Statement 2020/21 be revised to reflect changes proposed by the Senior Remuneration Sub-Committee;

·         The Statement be updated to incorporate:

i)                    Oversight of all Incentive Scheme or Bonus arrangements in operation within the Corporation; and

ii)             That the Establishment Committee has the authority to use its discretion where it is appropriate, and will report use of such discretion on an annual basis

·         Subject to these amendments, the Pay Policy 2020/21 be approved in principle; and

·         Final approval of the Pay Policy Statement 2020/21 be delegated to the Town Clerk in consultation with the Chair and Deputy Chairman, for onward submission to the Policy & Resources Committee.