Pssst! Wanna get rich? Then work in a hospice!

If you mention the word ‘hospice’, most of us probably think of wonderful local charitable institutions which deserve our support and whose employees selflessly do a very difficult job for probably quite modest salaries. We don’t think of bunches of greedy managers filling their own pockets with our money and building up nice big personal pension pots at our expense and at the expense of the patients they are meant to be caring for.

But if you look at how much of our donations to hospices hospice managers (anyone earning £60,000 a year or more) are grabbing for themselves, you might start to question the motives and the real or feigned altruism of those running many of our hospices.

A reader of this blog has helpfully looked at the Top Ten best-paid hospice management teams, ranking them in order of how much of the each hospice’s income is paid to managers.

For each of these hospices, the reader has detailed the Total Income per year: the Total Management Bill: the % of Income Paid to Managers: the Highest Salary and the Management Cost per Bed

I won’t even bother commenting as I think the figures speak for themselves – if you wanna get rich, become a hospice manager!

1.) St Gemma’s Leeds

Total Income: £9,682,073 Total Management Bill: £630k – £700k Percentage of Total Income Paid to 7 Members of Management 6.5% – 7.2%

Highest Salary: £130k – £140k

32 Beds – £19,688 to £21,875 per bed earned by the management

2.) The Myton Hospices Warwickshire

Total Income: £10,632,906 Total Management Bill: £640k – £700k Percentage of Total Income Paid to 8 Members of Management: 6%-6.6%

Highest Salary: £100k – £110k

30 Beds – £21,333 to £23,333 per bed earned by the management

3.) Thames Hospice, Windsor

Total Income: £5,380,000 Total Management Bill: £290k – £330k Percentage of Total Income Paid to 4 Members of Management: 5.4% – 6.1%

Highest Salary: £80k – £90k

17 Beds – £17,059 to £19,412 per bed earned by the management

4.) Cornwall Hospice Care, St Austell

Total Income £8,002,406 Total Management Bill £430k – £480k Percentage of Total Income Paid to 5 Members of Management: 5.4% – 6%

Highest Salary: £110k – £120k

24 Beds – £17,917 to £20,000 per bed earned by the management

5.) St Oswald’s Hospice, North East

Total Income £10,767,880 Total Management Bill £550k – £620k Percentage of Total Income Paid to 7 Members of Management: 5.1% – 5.8%

Highest Salary: £120k – £130k

16 Beds – £34,375 – £38,750 per bed earned by the management

6.) St Christopher’s Hospice, Sydenham, London

Total Income £19,170,000 Total Management Bill: £880k – £990k Percentage of Total Income Paid to 11 Members of Management: 4.6% – 5.2%

Highest Salary: £150k – £160k

48 Beds – £18,333 to £20,625 per bed earned by the management

7.) Princess Alice Hospice, Esher, Surrey

Total Income: £14,782,180 Total Management Bill: £640k – £730k Percentage of Total Income Paid to 9 Members of Management: 4.3% – 5%

Highest Salary: £130k – £140k

(number of beds not stated)

8.) St Elizabeth Hospice, Suffolk

Total Income £9,104,525 Total Management Bill: £390k – £440k Percentage of Total Income Paid to 5 Members of Management: 4.3% – 4.8%

Highest Salary: £130k – £140k

18 Beds – £21,667 to £24,444 per earned by the management

9.) The Dorothy House Foundation Hospice

Total Income £10,376,919 Total Management Bill: £440k – £500k Percentage of Total Income Paid to 6 Members of Management: 4.2% – 4.8%

Highest Salary: £100k – £110k

10 Beds – £44,000 to £50,000 per bed earned by the management

10.) Trinity Hospice, London

Total Income £10,802,632 Total Management Bill: £430k – £490k Percentage of Total Income Paid to 6 Members of Management: 4-4.5%

Highest Salary: £90k – £100k

28 Beds – £15,357 to £17,500 per bed earned by the management