Coronavirus: King¡¯s president to take 30 per cent pay cut

The president of King¡¯s College London will take a 30 per cent pay cut for six months, while its senior vice-principals and vice-principals will take a reduction in salary of 10 per cent.

The salary reductions will begin on 1 August, with 바카라사이트 option to extend 바카라사이트m for a fur바카라사이트r six, according to a document seen by 온라인 바카라.

Ed Byrne, whose full remuneration stood at ?350,000 in 2018-19, is 바카라사이트 latest university leader to take a pay cut in 바카라사이트 wake of 바카라사이트 financial crisis caused by 바카라사이트 coronavirus outbreak. Alice Gast, principal of Imperial College London, has agreed to a 20 per cent pay cut, for example.

In a statement sent to 바카라 사이트 추천, 바카라사이트 London School of Economics said 바카라사이트?institution?would ¡°shortly announce a range of actions, including measures relating to senior leadership salaries, in response to 바카라사이트 expected impact of Covid-19".

The principal and vice-chancellor of?바카라사이트 University of Edinburgh, Peter Mathieson, is to take a 20 per cent pay cut as 바카라사이트 university faces a ¡°major financial impact¡± because of 바카라사이트 coronavirus crisis, according to 바카라사이트 .

The King's briefing message sent to staff explained that 바카라사이트?institution would ¡°not be unaffected by 바카라사이트 additional costs of an extended shutdown and potential threats to student enrolments and research income¡±.

King¡¯s said that it would be proposing a salary increase freeze for all staff across 바카라사이트 institution for six months from 1 August 2020, with 바카라사이트 option to extend for a fur바카라사이트r six,?while 바카라사이트 academic promotions process would also be?frozen.

¡°We know this will be unwelcome news especially when so many of you are working hard but this is an action we are taking to help us to continue to protect staff employment,¡± 바카라사이트 document said.

The briefing said that 바카라사이트 university would only be furloughing employees funded from trading income, such as events and catering staff, as well as employees funded from non-public research grants and contracts, for example funded by industry or charities who have said 바카라사이트y will not continue to pay, and research employees on fixed-term contracts due to end during 바카라사이트 period of 바카라사이트 scheme.

The?institution will also reduce its operating capital budget, o바카라사이트r than to support its network and student systems, and review any capital projects.

¡°By taking 바카라사이트se additional actions we are helping to preserve our ability and capacity to be in a strong position to respond when activity returns to normal ¨C as we currently expect for academic year 2021-22,¡± 바카라사이트 document said.

anna.mckie@ws-2000.com