Strategic Projects & Property
The Strategic Projects and Property (SPP) unit in the GLA's Housing and Land Directorate was established in 2012 to oversee and manage 635ha of GLA owned land and property including a range of high-profile and complex regeneration and development projects. The team comprises specialist and professionally qualified staff who are currently managing several of the largest regeneration sites in Europe, including Greenwich Peninsula and the Royal Docks. The land portfolio will provide the GLA with over £1 bn of land receipts over the next 15 years and will deliver over 60,000 homes and 50,000 jobs.
Roles and Responsibilities
Over time the roles and responsibilities of the team have expanded and now include: resourcing the Royal Docks Delivery team (a joint initiative with LB Newham leading on the regeneration of the Royal Docks with an anticipated expenditure of c. 800m over the next 5 years); acting as lead property and development experts to the wider GLA group, including scoping new business and partnership opportunities; providing property and development support to the Old Oak and Park Royal Development Corporation; providing development support to the recently established London (NHS) Estates Delivery Unit, set up to support the transformation of the health and social care estate and to free up land for homes; and, managing the Mayor's Land Fund (£250m) which is investing in the london land market to get more land into housing development. It is also responsible for the procurement and ongoing management of the Mayor's new London Development Panel- a new framework for rapid tendering of public sector development sites across London.
Strategy & Policy Formulation
When the team was established the GLA was principally an authority responsible for strategy and policy formulation and the benefits and remuneration framework was structured to reflect these responsibilities. This framework needs to be reviewed and amended to better represent an organisation which is now much more market facing and delivery focused.
Macdonald & Company were selected as the partners to carry out this research based on their extensive recruitment and resourcing expertise. M&C completed a full external remuneration benchmarking exercise for similar roles in both the public and private sector, including base salary, and other benefits.
- Providing an overview of the availability and demand for key personnel in the external market, considering current and future trends in the sector. Identifying whether there are likely to be shortages in relevant positions and consider what GLA must do to attract the right people.
- Providing clear insight and key recommendations on how the GLA needs to augment its structure and remuneration package to retain and attract key personnel. Set out how the GLA need to change the way it approaches the market to secure talent in key roles and how it will need to change at an organisational level to retain key personnel.
Invested Time To Understand
“Macdonald & Company were selected to undertake a comprehensive salary benchmarking exercise for the Strategic Projects and Property team at the GLA. The team at Macdonald & Company invested time to fully understand our requirements which was important due to the complexity and range of data needed to be gathered to reflect various roles and levels within our organisation. Macdonald & Company’s extensive recruitment experience in the real estate sector meant they offered great market insight and data from comparable organisations to overlay into the research they undertook for us”
Simon Powell, Assistant Director, Strategic Projects and Property, Housing & Land, Greater London Authority