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U.K. Charity Group Calls for More Sunshine on Executive Pay

April 30, 2014 | Read Time: 1 minute

The National Council for Voluntary Organisations, a leading umbrella group for British nonprofits, is calling on U.K. charities to go beyond legal requirements on disclosure of senior executives’ wages in order to boost public trust, reports The Guardian.

The council issued a report on the subject following an inquiry on nonprofit salaries that was prompted by media attention last year to rising pay for charity CEOs.

British charities are legally required to provide information on the number of staff earning more than £60,000 ($101,000) a year. The council suggests that organizations publish fuller details online, including the name and remuneration of their best-paid employees and explanations of their compensation strategy.

“Charities have a duty to ensure transparency for the public, donors, and beneficiaries, not only for the levels of pay but also for the thinking behind the levels of pay by publishing in annual reports and on their websites,” said Denise Fellows, chief executive of the Honorary Treasurers Forum, a membership group for nonprofit finance officials.