Further Notes to the Annual Accounts

Remuneration Managing Director

Name

Tjipke Bergsma

 

Function

Managing Director

 
   

Duration

indefinite from 1/9/2015

 

Hours/week

40

 

Part-time percentage

100%

 

Period

1-1-2018 to 31-12-2018

 
   

Annual income

  

Gross salary

€ 105,739

 

Holiday allowance

€ 8,459

 

13th month

€ 0

 

Variable annual income / bonus

€ 0

 

Total director remuneration

€ 114,198

 
   

Taxable allowances

€ 0

 

Pension premium (employer part)

€ 22,867

 

Pension compensation

€ 0

 

Other remuneration

€ 0

 

End of service fee

€ 0

 
   

Total remuneration and benefits 2018

€ 137,065

 
   

Total remuneration and benefits 2017

€ 132,894

 

The remuneration of the Managing Director of War Child is €114,198, which is well below the maximum of €146,000 (1 full time employee for 12 months) as set by the guildeline for Directors’ Remuneration of the Dutch association for fundraising organisations Goede Doelen Nederland (GDN), based on a BSD score for War Child of 520 points.

The annual remuneration together with all taxable allowances and all employer’s charges, pension compensation and other remuneration on the long term is €137,065 which is also well within the maximum set by the guideline of € 181,000 (1 full time employee for 12 months).

No loans, advances or guarantees were given to War Child's directors.

Remuneration Supervisory Board members

No remuneration is offered to Supervisory Board members and no loans, advances or guarantees existed in 2018. Members of the Supervisory Board occasionally visit War Child's field offices if this is relevant in respect of their role. Expenses related to the travel are paid by War Child and it is left to the discretion of the Supervisory Board members to reimburse the expenses to War Child. In 2018, no expenses were incurred for Supervisory Board members.

Number of employees

The average number of fulltime equivalent employees (FTE) increased by 10 per cent (42 FTE) to 447 FTE, which is related to the overall increase in War Child's total income and expenses of 9 per cent.

  

2018

 

2017

 

2016

 

2015

 

2014

Employees at head office excl. interns (in FTE)

 

101

 

90

 

83

 

86

 

75

Employees on local contract in programme countries (in FTE)

 

325

 

296

 

246

 

239

 

271

Employees on expat contract in programme countries (in FTE)

 

21

 

19

 

23

 

29

 

24

Total average number of employees (in FTE)

 

447

 

405

 

352

 

354

 

370

           

Average number of interns at head office (in FTE)

 

8

 

11

 

12

 

10

 

4

Pension Plan

The pension charge recognised for the reporting period is equal to the pension contributions payable to the pension fund over the period. War Child's head office pension plans are in accordance with the conditions of the Dutch Pension Act. It is a defined contribution system without indexing arrangements. War Child's pension insurance company is Brand New Day. There are no self-administered pension plans. There is a strict segregation of the responsibilities of the parties involved and of the risk-sharing between the said parties (War Child, Brand New Day and staff).

In its project countries, War Child acts in accordance with local pension laws and regulations.

Adoption of Financial Statements

The Financial Statements are prepared by the management of War Child. On the condition of obtaining an unqualified opinion of the independent auditor the Financial Statements were unanimously adopted by the Supervisory Board of War Child in its meeting of 17 May, 2018.

Amsterdam, 17 May 2018

Supervisory Board: Peter Bakker (Chair), Willemijn Verloop (Vice Chair), Rob Theunissen (Treasurer), Raymond Cloosterman, Edith Kroese, Max Glaser, Managing Director: Tjipke Bergsma