The Board of ODS had submitted a report to SJVG regarding their ODS Executive Pay Review. In line with the Executive Pay Policy and as agreed with the statutory officers of the Council, an independent Executive Pay Benchmarking Review has been undertaken to allow consideration of ODS Executive Pay position. Following this benchmark review legal advice was received on any equal pay risks that may arise from the proposed recommendations.

The SJVG discussed the report in private session.

The Shareholder and Joint Venture Group resolved to:

1.    Approve a 3.5% salary increase for the Executive Directors, in line with the Council and ODS pay agreement with the Trade Unions (Council Pay Agreement);

2.    Approve the second recommendation, as set out in the confidential report.

3.    Approve the adoption of the revised ODS Executive Pay Policy, which incorporates the Board Allowance arrangement for Executive Directors appointed as statutory directors of ODSL and ODSTL and registered at Companies House.

4.    Approve a 3.5% salary increase for the Executive Directors, in line with the Council and ODS pay agreement with the Trade Unions (Council Pay Agreement);

5.    Approve the second recommendation, as set out in the confidential report.

6.    Approve the adoption of the revised ODS Executive Pay Policy, which incorporates the Board Allowance arrangement for Executive Directors appointed as statutory directors of ODSL and ODSTL and registered at Companies House.