Jersey Competition and Regulatory Authority (JCRA): Executive Director: Remuneration Approval

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A decision made 2 November 2016:

Decision Reference: MD-C-2016-0117
Decision Summary Title :	Approval of Jersey Competition Regulatory Authority (JCRA) Board member salary level - Executive Director		Date of Decision Summary:	2 November 2016
Decision Summary Author:	Director Strategic Development		Decision Summary: Public or Exempt? (State clauses from Code of Practice booklet)	Public
Type of Report: Oral or Written?	Written		Person Giving Oral Report:	N/A
Written Report Title :	Approval of Jersey Competition Regulatory Authority (JCRA) Board member salary level - Executive Director		Date of Written Report:	2 November 2016
Written Report Author:	Director Strategic Development		Written Report : Public or Exempt? (State clauses from Code of Practice booklet)	Exempt: FoI Arts. 25,26,36.
Subject: Jersey Competition and Regulatory Authority (JCRA) - Executive Director - remuneration approval.
Decision(s): On the basis of the recommendation of the Non-Executive Members of the JCRA the Minister approved a 1% increase to base salary and related employer’s pension contributions for the Director, effective from 01 January 2016. The proposed increase is in line with the public sector pay offer. The total annual cost to the JCRA (on the basis of 50% of the costs) will therefore rise to £64,105. There is a small insurance component which means that this figure may vary slightly in practice.
Reason(s) for Decision: The Minister must determine remuneration of JCRA Board members under Article 5(1) of the Competition Regulatory Authority (Jersey) Law 2001. Following the creation of the Channel Island Competition and Regulatory Authorities (CICRA) the JCRA and Guernsey Competition and Regulatory Authority (GCRA) share a combined Board. To facilitate this, the members are appointed to both the JCRA and GCRA Boards. The Director is a CICRA board member by virtue of the role. The Non-Executive Members of the JCRA Board have reviewed the remuneration package of the executive members. The Non-Executive Members consider that the proposed changes to the remuneration package are appropriate and have asked for the Minister’s approval. The Director also supports the GCRA under the CICRA arrangements, and receives an equivalent sum from the GCRA, giving a total base salary and related pension of £128,210.
Resource Implications: The Authority is funded via licence fees and a grant from the Department to administer the Competition Law. No additional funding or resources are required as a consequence of this decision. However, a proportion of Board members’ fees and salaries are charged back to the Competition Law grant, so over time if these costs rise while grant funding remains static then time spent on competition law matters will reduce.
Action required: Inform the JCRA that the Minister has agreed the increase to base salaries and related pension contributions as above.
Signature: Senator P.F.C. Ozouf		Position: Assistant Chief Minister
Date Signed:		Date of Decision (If different from Date Signed):