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This is a question Corporate Idiocy

Comedian Al Murray recounts a run-in with industrial-scale stupidity: "Car insurance company rang, without having sent me a renewal letter, asking for money. Made them answer security questions." In the same vein, tell us your stories about pointless paperwork and corporate quarter-wits

(, Thu 23 Feb 2012, 12:13)
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WaterAid; 3.5 million on "support costs"
12.5 million on salaries (plus a further 1.5 million on pensions etc)

Out of a total of 50.8 million for the year.

I'm not saying they don't do a good job, but they shouldn't be all holier-than-thou.
(, Tue 28 Feb 2012, 9:06, 1 reply)
You piqued my curiosity
So I checked their annual accounts.

www.charity-commission.gov.uk/Accounts/Ends01/0000288701_ac_20110331_e_c.pdf

Finance, Human resources, IT and systems: £2.47m
Chief executive and internal audit: £0.23m
Premises and facilities: £0.858m

which gives total declared back-office costs of £3.55m. Section 6 shows that the chief executive received a total of £110,188 (salary and taxable benefits) and that only 8 out of 606 employees earned more than £60k in 2011.

Of course the accounts can, as I initially posted, hide all sorts of creative cash flows. That's why I place considerable weight on the assurance of a friend who worked for them in the field for many years that they really are a lean, well-focussed and efficient operation.
(, Tue 28 Feb 2012, 9:48, closed)
Indeed
And just below that on the same page is the salary information.

I have no problem with WaterAid or with RNLI, but if you look at the numbers they are all pretty much in line but RNLI are about 4 times as big.

The only thing that RNLI has that WaterAid doesn't is the investments which is just used as an income source. Nothing sinister and nothing unfair.
(, Tue 28 Feb 2012, 18:27, closed)

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