GF/B21/DP10
Approved by the Board on: 30 April 2010
Exceptions to the Salary Threshold
The Board delegates its authority to the Chair and Vice Chair of the Finance and Audit Committee ("FAC") together with one constituency member from the Donors block and one constituency member from the Implementers block invited by the Chair of the FAC (the "Remuneration Group") to approve new staff salaries that exceed the threshold of CHF 245,000 set in the Global Fund Human Resources Policy Framework. The approval of salaries will be based on criteria proposed by the FAC and approved by the Board. The Remuneration Group will inform the Board of its decisions when the Board meets in Executive Session. Decisions on the salary of the Executive Director remain with the Board.
The Board requests the Executive Director to present to the Remuneration Group:
i) The existing exceptions to the threshold; and
ii) On an on-going basis, the salaries that exceed the threshold as a result of increases given to staff based on satisfactory justifications.
The threshold may be adjusted by the Remuneration Group, when needed, taking into account the process set out in the Global Fund Human Resources Policy Framework (GF/EDP/08/16 - Annex 1, Section 2.3).