Of interest to those involved in charity governance.
Introduction
The issue of executive pay in the charity sector (and other parts of the economy) regularly attracts the attention of the media and sector commentators. Regardless of views as to what is deemed to be an appropriate level of remuneration for senior leaders in diverse and complex organisations as those found in the charity sector, there is an expectation that charities should be transparent about how they spend their resources. This includes the level of remuneration paid to senior staff members.
Purpose of this guidance
Following the initial feasibility study, establishing a joint feasibility working party (working party) will enable all parties to examine in more detail some of the issues and concerns raised by the initial research undertaken to identify the potential partner(s). A working party may also provide the means by which each charity can review their respective requirements and aims, as well as likely problems and solutions.
It is part of the role of the working party to report back to the boards of trustees of each charity on progress and to present the final detailed proposal to merge or terminate discussions.
This document includes:
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Specimen feasibility working party terms of reference
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Terms of reference
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Conflicts of interest
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Confidentiality
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Specimen terms of reference for a working party
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Specimen confidentiality agreement
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