Greensleeves Homes Trust

Head Office and Regional Structure

Head Office Costs as % of total staff costs

▪ The Trust operates a devolved structure in which each care home operates as an independent business within a divisional structure. ▪ Two Divisional Directors oversee the operations of care homes within each of four geographic areas. ▪ They have two areas each and are supported by Divisional Support Teams including Property, HR and training resource. ▪ Strategic direction is provided from the senior management team supported by central Quality & Compliance, Property, HR, H&S, Finance, Marketing, Digital Transformation/IT, Programme Management and Business Development teams.

2.9%

2.8%

2.7%

2.6%

2.5% 2.5%

2.5%

2.3% 2.3% 2.3%

2.0%

▪ This holds head office costs at a low level.

2013/14 2014/15 2015/16 2016/17 2017/18 2018/19 2019/20 2020/21 2021/22 2022/23 2023/24

Head Office Costs per Bed (£ per annum)

1,200

10.0 15.0 20.0 25.0 30.0 35.0 40.0 45.0 50.0

1,107

897

954

1,000

45.1

851

828

41.6

729

800

36.4

643

556

600

472

463

23.0

362

400

15.5

14.3

12.1

200

9.4

0.0 5.0

5.3

0

2.8

1.6

2013/14 2014/15 2015/16 2016/17 2017/18 2018/19 2019/20 2020/21 2021/22 2022/23 2023/24

Head office cost per bed

Cumulative RPI (%)

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