Shaw Trust income up 12 per cent but staff numbers down 11 per cent23rd September 2014
The Shaw Trust has seen a 12 per cent rise in its income, up to £107.8m, according to its 2013/14 annual accounts.
This was the charity’s second consecutive year of growth, following a 13 per cent rise in income in the year 2012/13.
But the employment charity also saw a significant drop in staff numbers and made several redundancies, although it would not confirm how many. It said most of the drop in headcount was because it was not replacing roles as people left.
Employee numbers declined from a full-time equivalent of 1,358 in 2013 to 1,211 in 2014. The actual number of employees is down by 69 people.
The charity paid £326,000 in severance pay to employees earning more than £60,000. It would not confirm whether it had made severance payments to employees earning less than this amount, or how many employees were affected.
It made at least four employees earning more than £60,000 redundant. One employee received pay of between £170,000 and £180,000, including severance payments.
Roy O’Shaughnessy, the charity’s chief executive, told Civil Society News that “the small reduction in staff levels is mainly due to roles within the Shaw Trust not being replaced when employees have left the organisation”.
He also added that the drop in employee numbers was, in part, due to client referrals dropping in its Work Programme team and the charity not opening recruitment for vacant positions.