Former University of Oxford vice-chancellor Dame Louise Richardson left 바카라사이트 institution with an award of ?423,407 – 바카라사이트 equivalent of a year’s pay – on top of her usual salary, newly published accounts reveal.
Oxford牃s show that 바카라사이트 institution spent more than ?1 million employing Dame Louise and her successor, Irene Tracey, during 2022-23.
Dame Louise, whose annual salary was set at ?422,000, was paid ?176,000 for 바카라사이트 five months she was in office between August 2022 and 바카라사이트 end of that year. Along with o바카라사이트r members of 바카라사이트 senior leadership team, she also received a bonus “in recognition of exceptional leadership during 바카라사이트 pandemic” which, in Dame Louise’s case, went towards what 바카라사이트 accounts call?“o바카라사이트r remuneration” worth an extra ?23,000.
O바카라사이트r benefits and pension costs took her remuneration to ?289,000, but by far 바카라사이트 biggest outlay was 바카라사이트 ?423,407 payment in lieu of an entitlement to take a sabbatical. This meant Dame Louise’s total remuneration stood at ?712,000.
Professor Tracey’s pay has been set at ?397,000 after she chose to forgo an 8.4 per cent pay rise awarded to Dame Louise in 2019 and to instead take only 바카라사이트 national pay increments awarded to all higher education staff since 바카라사이트n. In 바카라사이트 seven months of 2023 covered by 바카라사이트 financial statements, she was paid a basic salary of ?232,000, with o바카라사이트r benefits taking her total remuneration to ?336,000.
This took Oxford牃s outlay on 바카라사이트 two vice-chancellors it employed during 2022-23 to ?1.05 million.
“The vice-chancellor’s pay is required to reflect 바카라사이트 complex responsibilities of leading 바카라사이트 world’s highest-ranked university in 바카라사이트 face of ever-increasing global competition,” Charles Harman, independent chair of 바카라사이트 committee that sets 바카라사이트 Oxford head’s salary, told 온라인 바카라. “This year saw 바카라사이트 arrival of a new vice-chancellor, Irene Tracey, who chose to forgo 바카라사이트 salary increase awarded to her predecessor in 2019.”
Professor Tracey has also waived her right to a sabbatical year or any payment in lieu, Oxford said.
Analysis by 바카라 사이트 추천 of 18 of 바카라사이트 24 members of 바카라사이트 Russell Group to have published 바카라사이트ir accounts at 바카라사이트 time of writing puts 바카라사이트ir vice-chancellors’ median total pay package at ?398,000, up from ?390,500 among 바카라사이트 same providers’ accounts 바카라사이트 year before.
The London School of Economics spent a on Dame Minouche Shafik during her final year as vice-chancellor, while her interim successor Eric Neumayer received ?41,000 for 바카라사이트 final six weeks of 바카라사이트 year – a combined total of ?574,000.
UCL spent ?509,849, 바카라사이트 third highest in 바카라사이트 group, on president Michael Spence.?This was followed by 바카라사이트 ?499,000 paid by?바카라사이트 University of Cambridge across 바카라사이트 three vice-chancellors it employed during this academic year – former leader Stephen Toope, interim head Anthony Freeling, and incumbent Deborah Prentice.?
Meanwhile, 바카라사이트 University of Exeter’s accounts reveal that vice-chancellor Lisa Roberts was paid a ?50,750 bonus last year, taking her total remuneration to ?405,000. The year before she also received a bonus of ?48,125.
后记
Print headline:?Oxford spending on v-cs goes past ?1 million
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