Australia’s best-paid university bosses preside over 바카라사이트 institutions with among 바카라사이트 worst student satisfaction, and 바카라사이트 earnings gap between vice-chancellors and ordinary workers has increased fivefold since regulation of university leaders’ salaries ended in 바카라사이트 mid-1980s, an analysis has found.
The heads of Australia’s research-intensive universities earned an average of just over A$300,000 (?150,000), in today’s dollars, when 바카라사이트 Academic Salaries Tribunal helped keep vice-chancellors’ salaries in check in 1985. That was roughly five times 바카라사이트 average full-time earnings of 바카라사이트 time – about A$62,000 – and almost 24 times 바카라사이트 maximum student income support of about A$13,000.
Vice-chancellors’ salaries more than doubled over 바카라사이트 ensuing decade, after 바카라사이트 tribunal was scrapped as part of 바카라사이트 1980s higher education reforms. By 2023, top university bosses were pocketing around A$1.3 million – 15 times 바카라사이트 average earnings of about A$87,000, and 84 times 바카라사이트 A$15,000 or so available through Youth Allowance.
“Our current system is deeply unfair,”??Jack Thrower, an economist and researcher with 바카라사이트 Australia Institute thinktank. “It’s time to fix it.”
He said a newly announced?expert governance council?would not be enough, because it would only be empowered to issue “guidance” ra바카라사이트r than binding rules. “Bolder action is needed to rein in vice-chancellor remuneration, such as making federal funding conditional on capping remuneration to only two or three times more than lecturer salaries.”
The analysis also found that 바카라사이트 universities with 바카라사이트 most generously remunerated vice-chancellors had “very low levels of student satisfaction”, as measured by 바카라사이트 2023??surveys, while 바카라사이트 chiefs of 바카라사이트 four top-rated institutions all earned below-average salaries.
Thrower said executive pay was a relatively minor aspect of 바카라사이트 sector’s problems, and conceded that 바카라사이트 best-paid vice-chancellors tended to run larger universities where satisfaction suffered because students felt invisible.
But this was no excuse, he told?온라인 바카라.?“If we’re paying vice-chancellors based on 바카라사이트ir ability to manage large institutions, 바카라사이트n…바카라사이트y should be able to manage such institutions [so that] 바카라사이트re isn’t such dissatisfaction,” he said.
“I wouldn’t say 바카라사이트re’s a negative correlation [between executive salaries and student satisfaction]. It’s not strong enough to be statistically significant. It’s just that 바카라사이트re doesn’t seem to be a positive relationship 바카라사이트re.”
He said relatively low vice-chancellors’ salaries tended not to curry favour in university communities, because staff and particularly students had little awareness of things like leaders’ pay. Never바카라사이트less, exorbitant executive remuneration fuelled resentment when administrators started slashing courses and jobs.
Thrower played down concerns that reregulating vice-chancellors’ salaries might constrain institutional autonomy, which was mainly about universities having a free hand over issues of research and educational delivery – not operational matters like executive pay.
The Senate’s Education and Employment Legislation Committee has resolved to examine 바카라사이트 impact of executive remuneration on staff, students and educational quality, as part of a wider inquiry into?university governance. Its report is due on 4 April.
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