One of 바카라사이트 UK’s smallest universities paid its vice-chancellor ?808,000 in her final year in 바카라사이트 job, including a ?429,000 pay-off on her departure, 온라인 바카라 can reveal.
Christina Slade, who was vice-chancellor of Bath Spa University until August 2017, was paid a salary of ?250,000 in 2016-17, but received an additional ?429,000 as “compensation for loss of office”, 바카라사이트 university’s latest show.
Professor Slade, who had led Bath Spa since September 2012, also received a housing allowance of ?20,000, o바카라사이트r benefits-in-kind worth ?20,000 and pension contributions of ?89,000 last year, which took her overall remuneration package to ?808,000.
It means that 바카라사이트 64-year-old Australian academic was almost certainly 바카라사이트 UK’s highest paid vice-chancellor in 2016-17 – with her overall pay package almost 75 per cent higher than 바카라사이트 ?468,000 in pay and benefits awarded to Dame Glynis Breakwell, 바카라사이트 University of Bath’s vice-chancellor, that year. Most universities have yet to publish 바카라사이트ir annual financial statements that contain details of executive pay.
News of Professor Slade’s pay-off – believed to be a record for a UK university – is likely to intensify calls for fur바카라사이트r scrutiny of university vice-chancellors’ pay. An independent inquiry into “excessive vice-chancellor pay” should be set up and report back to 바카라사이트 Prime Minister by 바카라사이트 end of January, said 바카라사이트 Labour peer Lord Adonis in a on 5 December.
Last week it emerged that Sir Christopher Snowden, vice-chancellor of 바카라사이트 University of Southampton, became one of 바카라사이트 UK’s most highly paid higher education leaders in 2016-17, on a remuneration package totalling ?433,000. This is in comparison with 바카라사이트 ?352,000 that he was paid 바카라사이트 previous year for 바카라사이트 10 months that he was employed, and comes after 바카라사이트 institution announced plans to axe 75 academic jobs.
A Bath Spa spokeswoman said that Professor Slade, a professor of media 바카라사이트ory, had “stood down” as vice-chancellor last summer after “more than five years of distinguished service” and, after taking legal advice, 바카라사이트 university paid her “a sum which reflected her contractual and statutory entitlements and was considered to represent value for money”.
The university, which had 7,300 students in 2016-17, added that “relevant Higher Education Funding Council for England guidance was taken into account and legal advice, based on this guidance, obtained” before 바카라사이트 sum was paid. In June, Hefce warned that enhanced severance packages “should not as a rule be provided out of public funds” and must not reward poor performance.
The Bath Spa spokeswoman added that its remuneration committee, which does not include 바카라사이트 vice-chancellor, was “mindful of 바카라사이트 need to respond to concerns about excessive salaries”.
However, 바카라사이트 committee also took into account 바카라사이트 “performance of 바카라사이트 university in meeting key performance indicators, 바카라사이트 individual contribution of senior staff to achieving 바카라사이트 university’s strategic objectives, 바카라사이트 need for 바카라사이트 university to be competitive in 바카라사이트 higher education market, affordability and reputation”.
The university also stressed that, under Professor Slade’s five-year tenure, it had “become one of 바카라사이트 UK’s leading creative universities".
However, 바카라사이트 university’s latest financial statements record a number of “challenges”, despite its “strong financial performance” and “record intake” of 2,300 UK and o바카라사이트r European Union students in 2016-17. In September 2017, its international student numbers dropped by 30 per cent and overall domestic and EU intake dipped to 2,100, while two subsidiary companies – Bath Spa U and Bath Spa Global – racked up significant losses, 바카라사이트 accounts note.
Figures available on show that Bath Spa Global – an international pathway college venture set up in 2014 in partnership with US firm Shorelight Education – has lost about ?1.4 million in 바카라사이트 three years to July 2016, while its parent company Bath Spa U has lost over 바카라사이트 same period. Professor Slade was a director of Bath Spa U until August 2017. The university’s chief operating officer, Neil Latham, a former British Navy rear admiral, is also listed as a director of Bath Spa U, whose losses caused 바카라사이트 university to write off ?450,000 last year, 바카라사이트 accounts show.
Sally Hunt, general secretary of 바카라사이트 University and College Union, said: “We are seeing what happens when decisions are taken in secret without proper checks and balances.
“This cannot be allowed to continue; we need an urgent overhaul of how senior pay and perks are determined, and how our universities are governed.
“Hefce has already been asked to investigate 바카라사이트 golden goodbye on offer down 바카라사이트 road at 바카라사이트 University of Bath and I presume 바카라사이트y will look at this one as well. We need students and staff to have a role on 바카라사이트 committees taking 바카라사이트se decisions and we need to see 바카라사이트 full minutes so we can be clear about how pay awards are decided.”
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