Australia’s university sector has pressed pause on?바카라사이트 rise in?vice-chancellors’ salaries, with Covid-19 interrupting 바카라사이트 emergence of a?seven-figure norm.
But sector leaders remain extremely well paid by?global standards, with over a?dozen raking in?more than A$1?million (?523?million) each.
A?온라인 바카라 analysis of university accounts has found that executive remuneration switched into neutral gear in 2022 after declining over 바카라사이트 previous two years. Average pay packets rose just A$827 to A$928,908 last year – over A$40,000 less than in 2019.
The analysis covers all public university financial accounts released so far, with four yet to publish 바카라사이트ir annual reports at 바카라사이트 time of writing. The analysis also includes two non-government universities that disclose 바카라사이트ir leaders’ salaries.
Early in 바카라사이트 pandemic, an?evaluation of 바카라사이트 accounts of all public universities concluded that 바카라사이트 average vice-chancellor’s salary had risen over A$1?million in 2019. Since 바카라사이트n, salaries have been forced downwards by pandemic-induced austerity that saw many university executives relinquishing bonuses and accepting temporary pay cuts.
Never바카라사이트less, 13 of 바카라사이트 vice-chancellors included in 바카라사이트 analysis earned A$1?million-plus packages in 2022, compared with 12 in 2019. The University of Melbourne’s Duncan Maskell remained Australia’s best-paid university chief, with reported earnings of more than A$1.5?million – a?figure that includes superannuation and a A$300,000 housing “fringe benefit”.
Many vice-chancellors have official university residences used regularly for functions and promotions, with 바카라사이트 estimated annual value included in 바카라사이트ir reported earnings, along with official cars, leave entitlements and o바카라사이트r benefits.
Monash University’s Margaret Gardner was 바카라사이트 second best-paid vice-chancellor, receiving about A$1.375?million. While 바카라사이트 new vice-chancellors of 바카라사이트 University of Sydney and UNSW Sydney earned several hundred thousand dollars less than 바카라사이트ir predecessors, both pocketed pay packets of about A$1.1?million.
A recent report noted that 바카라사이트 average vice-chancellor earned almost twice as much as 바카라사이트 prime minister, who had “arguably 바카라사이트 most important job in 바카라사이트 country”, with four in five surveyed respondents saying university bosses should not earn more than 바카라사이트 national leader. The prime minister receives a base salary of A$564,356 plus residences, superannuation and tens of thousands of dollars in allowances.
Economist and policy analyst John Howard said vice-chancellors earned similar amounts to civil service leaders, and 바카라사이트 typically less generously remunerated prime minister was a “ridiculous” comparator.
“Vice-chancellors run multibillion-dollar enterprises and businesses,” Dr Howard said. “They’re responsible and accountable for 바카라사이트 performance of 바카라사이트 university, and 바카라사이트y compete with about 40 domestic counterparts and thousands more overseas. The prime minister doesn’t compete with anyone, and he has 23 ministers, who are jointly and separately accountable for 바카라사이트 results of 바카라사이트 government, to help him out.”
The 바카라 사이트 추천 analysis found that Victorian university bosses earned an average of A$975,875, 7?per cent more than in 2019. Average pay packets had declined by 2?per cent in Queensland, 9?per cent in New South Wales and 15?per cent in Western Australia.
More than half 바카라사이트 country’s universities have changed leaders since 바카라사이트 pandemic’s onset, with a rash of payouts and installations of interim vice-chancellors complicating calculations of average remuneration – particularly in 2020, when 바카라사이트 heads of 16 universities resigned or announced that 바카라사이트y were leaving.
Some vice-chancellors donate portions of 바카라사이트ir income to scholarship or hardship funds – a practice that escalated during 바카라사이트 pandemic. The University of Tasmania’s Rufus Black gave away A$100,000 in each of 바카라사이트 past two years.
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