Housing Associations

Housing associations in general are experiencing a perfect storm of challenges. Ongoing financial pressures from the increased cost of living, inflationary impacted pay awards and increases to the national living wage are commonplace. If this weren’t enough, they are also experiencing persistent recruitment and retention challenges, creating problems around ensuring they have the right balance of skills available and many are also juggling the demands from having undergone a merger or acquisition, bringing with it a whole host of additional issues.

With so many challenges, housing association employers have their work cut out when it comes to supporting their employees most effectively to retain motivation and positivity. It is of the utmost importance that employees are properly appreciated and incentivised. As a leading reward management consultancy, Paydata works to ensure that housing association employers can reward and support their employees effectively.

Benchmarking Housing Association Salaries

These challenges affect not only the housing association employers, but also their employees. It is important that housing association staff are offered salary and benefits which are in line with the market standard. Paydata carry out benefits and salary benchmarking research, which determines how much housing association employees are typically paid and what benefits are received. Consequently, you can provide competitive housing association pay, making it much easier to attract and retain quality candidates.