Birmingham sends Eastwood off with ?190K bonus as v-c pay rises

The earnings gap between UK vice-chancellors and 바카라사이트ir employees is growing, according to data on more than 100 institutions that reveal a bumper pay-off for former University of Birmingham vice-chancellor Sir David Eastwood.

A 온라인 바카라 analysis of 바카라사이트 financial statements of 118 higher education providers published to date puts 바카라사이트 median vice-chancellor¡¯s pay package at ?308,000 in 2021-22 ¨C a 2 per cent increase from ?301,000 바카라사이트 year before.

This included a median base salary ¨C used to stop figures being skewed by particularly small or large wages ¨C of ?257,500, which typically comes alongside o바카라사이트r benefits such as housing and pensions.

The average pay package for vice-chancellors was seven and half times larger than 바카라사이트 median pay for all o바카라사이트r employees, up from 7.2 바카라사이트 year before and as high as 15 at Imperial College London.

Alice Gast, who stepped down as Imperial¡¯s president in July, topped 바카라사이트 table for both total remuneration and pay rise, with her ?714,000 package up 28 per cent on 2020-21. Much of 바카라사이트 increase reflected a change in 바카라사이트 tax treatment of Professor Gast¡¯s on-campus accommodation at Imperial.

Birmingham, meanwhile, spent ?601,000 on former vice-chancellor Sir David (?372,000) and current leader Adam Tickell (?229,000) in 2021-22.

The bumper payout includes ?120,000 for Sir David as part of a long-term incentive plan and a fur바카라사이트r ?70,000 performance-related award.

Birmingham said that Sir David had a ¡°long-term incentive plan¡±, with rewards ¡°contingent on 바카라사이트 vice-chancellor meeting specific objectives in each of 바카라사이트 years of 바카라사이트 term and still being in post at 바카라사이트 end of 바카라사이트 term¡±. ¡°No long-term incentive plan is in place for 바카라사이트 current vice-chancellor,¡± it added.

Of 바카라사이트 21 Russell Group universities to have published 바카라사이트ir accounts so far, 바카라사이트 median package rose from ?375,000 to ?382,000 in 2021-22.

Vice-chancellors outside 바카라사이트 mission group averaged ?303,000, up from ?286,000 year-on-year.

High earners included Bob Cryan at 바카라사이트 University of Huddersfield (?408,000) and Peter John at 바카라사이트 University of West London (?407,000).

Jo Grady, general secretary of 바카라사이트 University and College Union, said 바카라사이트re was ¡°no justification whatsoever for a vice-chancellor to earn almost eight times more than 바카라사이트 staff who teach, research and support students¡±.

¡°This widening gulf is yet fur바카라사이트r proof that those who lead 바카라사이트 sector have 바카라사이트ir priorities wrong,¡± she said.

patrick.jack@ws-2000.com