CGI publishes model terms of reference for charities’ remuneration committees

Article summary

The Chartered Governance Institute UK & Ireland (CGI) has published model terms of reference for remuneration committees of charities registered in England and Wales. CGI have stated that the guidance will be useful to charities seeking to strengthen their governance arrangements in line with key aspects of the Charities Statement of Recommended Practice and the Charity Governance Code. Louise Thompson, Head of Policy at CGI, commented that the model terms will allow committees to provide the evidence necessary to enable trustees to make informed decisions about the pay and benefits for senior staff.