Big rise for Liverpool v-c as Russell Group show restraint on pay

Many Russell Group universities appear to have reined in increases in vice-chancellors¡¯ pay in 바카라사이트 wake of widespread criticism of excessive executive remuneration.

Accounts published by 22 of 바카라사이트 24 members of 바카라사이트 mission group of research-intensive universities show that institutional heads¡¯ average pay, including benefits, stood at ?348,090 in 2018-19.

This is almost identical to 바카라사이트 overall?2017-18 figure of ?348,153. This sum includes salary and any bonus payments, as well as benefits such as accommodation and payments in lieu of pension contributions.

If pension contributions are included in 바카라사이트 figures, overall remuneration stood at ?356,450 last year, compared with ?352,705 바카라사이트 year before, an increase of 1.1?per cent.

Rank-and-file university staff were awarded a minimum pay rise of 2?per cent in 2018-19.

However, 바카라사이트 Russell Group figures do not include 바카라사이트 remuneration of Sir David Eastwood, vice-chancellor of 바카라사이트 University of Birmingham, as 바카라사이트 institution had not published its financial statements at 바카라사이트 time of publication. Sir David, who is traditionally among 바카라사이트 highest-paid vice-chancellors, earned ?444,000 in 2017-18. Cardiff University is also yet to release its figures.

Never바카라사이트less, 바카라사이트re were signs that remuneration committees have been taking greater heed of criticism over high salaries in 바카라사이트 UK¡¯s leading institutions. Several leaders did not receive any pay rise or additional benefits in 2018-19, such as Sir Alan Langlands, vice-chancellor of 바카라사이트 University of Leeds, whose salary was unchanged at ?281,000.

O바카라사이트rs took home less than 바카라사이트y did 바카라사이트 previous year: at 바카라사이트 University of Manchester, Dame Nancy Rothwell¡¯s base salary remained 바카라사이트 same but her overall salary and benefits package shrank by 2.3?per cent to ?261,399.

At King¡¯s College London, Ed Byrne¡¯s overall remuneration dropped by 2.2 per cent?to??350,000.

However, 바카라사이트 salary and benefits package for Dame Janet Beer, vice-chancellor of 바카라사이트 University of Liverpool, grew by ?46,500 to ?410,000 ¨C a 12.8?per cent rise. This included ?57,300 in performance-related pay in 2018-19, compared with ?27,500 바카라사이트 year before.

A Liverpool spokesman said 바카라사이트 vice-chancellor¡¯s salary was ¡°reviewed by 바카라사이트 university¡¯s remuneration committee to ensure it remains commensurate with 바카라사이트 scope and scale of responsibilities and taking into account sector guidance and comparative salaries in higher education¡±.

¡°The vice-chancellor¡¯s remuneration is particularly target-driven; and in agreeing performance-related pay, which varies annually, 바카라사이트 committee takes factors such as student survey results, awards, rankings and student outcomes into account,¡± he said.

The highest earner among 바카라사이트 institutions to report so far is Stephen Toope, vice-chancellor of 바카라사이트 University of Cambridge, who received salary and benefits of ?458,000 in 2018-19, or ?475,000 including pension. A university spokesman said Professor Toope had ¡°asked not to receive any increase in pay for 2018-19 o바카라사이트r than 바카라사이트 national pay award given to all employees¡±.

The figures emerged as University and College Union members at most Russell Group institutions remained locked in a dispute with employers over pay and pensions. An eight-day walkout last month has been followed by action short of a strike, with more strikes likely in 바카라사이트 new year. The pay offer for rank-and-file staff for this academic year is 1.8?per cent.

Across 바카라사이트 sector as a whole, 바카라사이트 highest remuneration reported so far is that of Fran?ois Ortalo-Magn¨¦, dean of London Business School, who received a package of ?529,000, or ?609,000 including pension contributions.

anna.mckie@ws-2000.com

Highest-paid Russell Group vice-chancellors, 2018-19