Trustees Unlimited - solving not for profit trustee recruitment challenges
-A rigorous and cost-effective recruitment service with tailored pricing
A new trustee recruitment service to help not for profit organisations recruit experienced, board ready trustees in a rigorous and cost effective way is being launched today by Trustees Unlimited, a new joint venture organisation set up by NCVO, Bates Wells and Braithwaite and Russam GMS.
Whilst all not for profit organisations need a trustee board, many struggle to find people with the relevant skills and experience. NCVO research highlighted that 43% of boards find it more difficult to recruit trustees today than five years ago 81% of charities rely on word of mouth recommendations to recruit trustees which can limit the talent pool, and 76% of trustees are over 45 years old, so some charities may struggle to replace trustees when they retire.
Trustees Unlimited will address the shortfall offering an extensive range of high calibre, trustee candidates with a broad range of experience covering the private, public and third sectors. The recruitment process will involve a meeting with the Chair or senior trustees to take a detailed brief before suitable trustees are selected.
All trustees will be interviewed and have references checked before being shortlisted for client interviews. The company aims to deliver a shortlist to its clients just 10 days after taking the initial brief.
Ben Kernighan, Deputy Chief Executive, NCVO says, As many organisations in the sector face tough times, the role of trustees has never been more important. Many boards are facing big challenges around increasing demand for services at a time when income is falling. Getting governance right should be a very high priority for all organisations. Our research shows that many organisations have trustee vacancies and struggle to find trustees with the right skills. The best boards are diverse, coming from a wide range of backgrounds and bringing a broad range of skills and perspectives. Trustees Unlimited will play an important role in helping organisations recruit the trustees that are right for them.
Having the right trustees can make the difference between an organisation flourishing or failing.
The service is structured in accordance with charity income. A standard service and an enhanced service will be available, with the enhanced service including a strategic trustee induction run by Bates Wells and Braithwaite and NCVO, a free delegate place at their next governance conference and a complementary copy of the /Good Trustee Guide/ produced by NCVO.
Stephen Lloyd, Senior Partner at Bates Wells and Braithwaite said, All the partners in Trustees Unlimited are leading players in the sector who understand the financial commitment required to undertake a recruitment process of this nature. We have tried to remove the financial risk by ensuring that, apart from a small initial engagement fee, the balance is only payable on any successful trustee appointment. We have also structured the pricing to reflect an organisations income.
Ian Joseph Head of the Not For Profit practice at Russam GMS added, Trustees Unlimited is committed to good governance in the sector and believes that brokering the relationship between trustee candidates and organisations is an essential part of developing a vibrant, dynamic and diverse sector.