Guidance

Guidance for approval of senior pay in public corporations within the shareholder executive portfolio

This guidance clarifies the process for seeking approval for appointments in public corporations in the shareholder executive portfolio.

• From: HM Treasury and The Rt Hon Danny Alexander
• Published: 8 April 2013
• Last updated: 8 January 2018 — See all updates

This publication was withdrawn on 8 January 2018

This guidance is no longer in force; it has been replaced by the new ‘Guidance for approval of senior pay’.

Documents

Guidance for approval of senior pay in public corporations within the Shareholder Executive portfolio

PDF, 290 KB, 12 pages

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Details

The Chief Secretary to the Treasury approves pay and remuneration levels of £142,500 per annum and above for all civil service appointments and appointments to public sector bodies which are subject to ministerial approval.

Approval from the Chief Secretary is also required for all bonus payments of £17,500 and above that are subject to ministerial sign-off.

This guidance clarifies the process for seeking approval for appointments in public corporations in the shareholder executive portfolio.

Published 8 April 2013
Last updated 8 January 2018 + show all updates

1. 8 January 2018

   Updated document with link to the new Guidance for approval of senior pay.

2. 8 April 2013

   First published.