Share

Three staff made redundant in latest Acevo restructure

Sir Stephen Bubb, CEO, Acevo
News

Three staff made redundant in latest Acevo restructure

Governance | Tania Mason | 10 May 2012

Acevo is restructuring ahead of its move into the NCVO building at King’s Cross this summer, and making three staff redundant.

It is not the first round of job cuts at the membership body in recent years – in January 2011 six jobs were cut in anticipation of several grant-funded programmes coming to an end on 31 March 2011.  These included several from Capacitybuilders totalling nearly £800,000 and a Big Lottery Fund Basis grant of £176,809.

Another major funding stream, a three-year Department of Health programme that funded Acevo to help its members understand changes in commissioning and departmental policy, drew to a close at the end of March 2012.  It had been worth £200,000 to Acevo in each of the three years.

In 2010/11, the latest period for which accounts are available, the charity’s income, excluding revenue from its trading subsidiary Acevo Solutions, was £2.97m, just lower than the previous year’s £3.18m, and it posted a surplus of £38,543, which repaired the previous year’s deficit of £11,135.

That report also shows that member numbers were declining. In the year to March 2011, the number of full members fell from 1,702 in 2010 to 1,586, meaning it missed its target for the year by 224 members. It recruited 442 new members, making a member retention rate of 67 per cent. It admitted these membership numbers were “slightly disappointing,” and attributed the drop primarily to the “tough economic climate”.

Its target for the following year, to March 2012, was to increase membership retention to 75 per cent and also to recruit at least 25 new members each month. If it hit these targets, member numbers would still be 6 per cent lower than in 2011. Figures for the latest year are not yet publicly available.

The accounts also show that the highest-paid employee, chief executive Sir Stephen Bubb (pictured), earned between £100,000 and £110,000 in the year to March 2011. This was a rise from £80,000-£90,000 the previous year and from £70,000-£80,000 in 2009.  Meanwhile the average number of full-time employees fell from 33.1 in 2010 to 31.9 in 2011, according to the annual reports.

However, the organisation’s attempt at earning more of its income to compensate for the loss of grant funding seemed to start well. Acevo Solutions, which comprises Acevo Event Management and Acevo Consulting, began trading on 1 April 2010 and during its first year turned over £295,591, with a pre-tax profit of £112,192 which was returned to the parent company. The biggest source of revenue was ‘sponsorship income’, which generated £142,600.

Three redundancies but new roles too

Asked about the latest restructure, deputy CEO Peter Kyle confirmed that three people are being made redundant, but said new roles would be created.
 
He said: “We have restructured our membership, marketing and events team to form a new member services team, in order to improve the services we offer our members and create new efficiencies. One of the new roles we are recruiting for will be at director level, and will harmonise our events and membership offerings to offer a more focused and joined-up service to Acevo members.
 
“Over the coming year this restructure will enable us to improve and build our offer, making greater use of technology and catering to demand on our helplines, which has rocketed in recent months.

“Organisational restructures are tough on everyone involved, which is why we only embarked on this certain in our belief that it was in the very best interests of our members.”

Details about income, staff and membership numbers for the most recent financial year, to 31 March 2012, are not due to be published until the end of January 2013, though the organisation normally files well before the deadline.
 
Acevo is moving into the NCVO building at King's Cross this summer.

Comments

[Cancel] | Reply to:

Close »

Community Standards

The civilsociety.co.uk community and comments board is intended as a platform for informed and civilised debate.

We hope to encourage a broad range of views, however, there are standards that we expect commentators to uphold. We reserve the right to delete or amend any comments that do not adhere to these standards.

We welcome:

  • Robust but respectful debate
  • Strongly held opinions
  • Intelligent relevant discussion
  • The sharing of relevant experiences
  • New participants

We will not publish:

  • Rude, threatening, offensive, obscene or abusive language, or links to such material
  • Links to commercial organisations or spam postings. The comments board is not an advertising platform
  • The posting of contact details for yourself or others
  • Comments intended for malicious purpose or mindless abuse
  • Comments purporting to be from another person or organisation under false pretences
  • Gratuitous criticism, commentary or self-promotion
  • Any material which breaches copyright or privacy laws, or could be considered libellous
  • The use of the comments board for the pursuit or extension of personal disputes

Be aware:

  • Views expressed on the comments board are left at users’ discretion and are in no way views held or supported by Civil Society Media
  • Comments left by others may not be accurate, do not rely on them as fact
  • You may be misunderstood - sarcasm and humour can easily be taken out of context, try to be clear

Please:

  • Enjoy the opportunity to express your opinion and respect the right of others to express theirs
  • Confine your remarks to issues rather than personalities

Together we can keep our community a polite, respectful and intelligent platform for discussion.

Free eNews

Charities could lose out on gift aid under devolution settlement, tax experts warn

27 Nov 2014

Proposals from the Smith Commission to give Scotland powers over the rate of income tax will have “significant...

Joint registration between Charity Commission and HMRC delayed

27 Nov 2014

Plans for the Charity Commission and HM Revenue & Customs to set up a joint registration process for...

ICRF grants help charities and social enterprises win deals worth £117m

27 Nov 2014

Charities and social enterprises have won investments and contracts worth over £117m after receiving...

Charities could lose out on gift aid under devolution settlement, tax experts warn

27 Nov 2014

Proposals from the Smith Commission to give Scotland powers over the rate of income tax will have “significant...

More will-writers prompting clients to leave legacy gifts, research shows

27 Nov 2014

More solicitors and will-writers are telling their clients about leaving a legacy than at any time in...

ASA bans Health Lottery advert for encouraging gambling behaviour

26 Nov 2014

The Advertising Standards Agency has ruled that an advert from the Health Lottery promoting an online...

'Be careful what you say and don't be boring on social media'

27 Nov 2014

Don’t be too serious on social media and be prepared to pay for premium services, delegates at yesterday’s...

'Focus on people as well as technology', IT experts told

27 Nov 2014

IT directors need to learn when to step back and allow others in their organisation to experiment with...

JustGiving launches free guide to raising money using social media

25 Nov 2014

JustGiving and social media consultancy Social Misfits Media have launched a guide to how charities and...

Join the discussion

Twitter
 
Training

Attending our one day courses is a highly effective way of ensuring new and existing trustees fully understand their role, responsibilities and liabilities.

>> Find out more <<