Which forms do new trustees need to sign? (Anonymous post 🤫)
Ocean King
Leadership & Governance
What should we consider before offering a salary advance? (Anonymous post 🤫)
Ocean King Staff Senior Community Executive at CharityConnect Posted 1 year ago
's badges
Helper’s Badge Level Five
Level 5 of 5
Superstar! This badge is awarded to members who have had 30 comments marked as Helpful
Helper’s Badge Level Four
Level 4 of 5
This badge is awarded to members who have had 20 comments marked as Helpful
Helper’s Badge Level Three
Level 3 of 5
This badge is awarded to members who have had 10 comments marked as Helpful
Helper’s Badge Level Two
Level 2 of 5
This badge is awarded to members who have had 5 comments marked as Helpful
Helper’s Badge Level One
Level 1 of 5
This badge is awarded to members who have had a comment marked as Helpful
This question is from a member of our community that wishes to remain anonymous:
Our board has been asked by our founding staff member for an advance on their salary. We suspect this should be in the form of an employee loan.Â
The funds are available due to grants secured, but what other implications should we consider, beyond the interest rate (which would be the HMRC rate)? Are there particular legal, compliance and/or reputational concerns?
Thanks in advance.
Thanks in advance.
No responses yet. Be the first to reply!
{{ctrlComment.postTotalComments}} responses
Load more responses