The Quango, Neighbourhood Development Company is paying its new Interim Chief Executive £47,000 for part time work.
You may have read in Nottingham Evening post about Nottingham Development Company's disappearing £2.4million. This is funding that community and voluntary groups were invited to bid for, that has now been withdrawn. The official reason is that NDC has less money than first thought.
What is less well reported is the large amount of Government funding being spent by this quango on staff wages. The previous NDC Chief Executive's post was advertised at £60,000. This is about the going rate for similar posts Nationally.
However after the Chief Execuitive was effectively forced out by the Board Stephen Lord was brought in as a consultant as an interim Chief Executive. He was then replaced by the current Chief Executive Joan Toovey.
Joan is being paid £47,000 for 6 months working a 3 day week. This is way above the going rate for the job. It is disgraceful that a Government programme to help disadvantaged communities is spending such a high proportion of its funding on paying these inflated salaries.
What is less well reported is the large amount of Government funding being spent by this quango on staff wages. The previous NDC Chief Executive's post was advertised at £60,000. This is about the going rate for similar posts Nationally.
However after the Chief Execuitive was effectively forced out by the Board Stephen Lord was brought in as a consultant as an interim Chief Executive. He was then replaced by the current Chief Executive Joan Toovey.
Joan is being paid £47,000 for 6 months working a 3 day week. This is way above the going rate for the job. It is disgraceful that a Government programme to help disadvantaged communities is spending such a high proportion of its funding on paying these inflated salaries.