Record handout makes outgoing v-c Australia¡¯s highest paid

The head of Australia¡¯s third smallest public university was 바카라사이트 country¡¯s highest paid vice-chancellor last year, pocketing about A$1.785 million (?910,000) ¨C an apparent record in a sector renowned for its outsized executive salaries.

The 2023 income of 바카라사이트 outgoing boss of 바카라사이트 University of Canberra (UC), Paddy Nixon, was 71 per cent higher than his 2022 pay and 83 per cent higher than 바카라사이트 final-year package awarded to his predecessor Deep Saini in 2019.

It is easily 바카라사이트 biggest vice-chancellor¡¯s pay packet of 바카라사이트 past five years, eclipsing 바카라사이트 A$1.621 million awarded in 2019 to 바카라사이트 University of Sydney¡¯s Michael Spence and 바카라사이트 A$1.565 million handed to 바카라사이트 long-serving boss of Australia¡¯s biggest university, Monash¡¯s Margaret Gardner, who resigned last year to become Victorian governor.

It is over A$500,000 more than 바카라사이트 final-year earnings of veteran vice-chancellor Peter Coaldrake, who pocketed A$1.265 million in 바카라사이트 last of his 15 years at Queensland University of Technology.

Rich rewards: Australia¡¯s highest-paid vice-chancellors

Source: University financial accounts. *Left during year

Professor Nixon¡¯s resignation ¡°for personal reasons¡± was revealed by UC via embargoed media release on 17 January, 15 months before his five-year term was due to expire. The university¡¯s recently published annual report says that he resigned?at least a month earlier.

The? offers no explanation for Professor Nixon¡¯s departure. ¡°I know that I am leaving UC in very good hands,¡± his introductory statement says.?In an email to UC staff, new chancellor Lisa Paul denied suggestions in 바카라사이트 that 바카라사이트 former vice-chancellor had attracted a special termination payout.

¡°Professor Nixon received payment for salary and accrued entitlements, as per contractual arrangements,¡± said 바카라사이트 email from Ms Paul, a long-serving former head of 바카라사이트 federal Education Department. ¡°There was no ¡®golden handshake¡¯.¡±

But 바카라사이트 National Tertiary Education Union (NTEU) said Professor Nixon¡¯s remuneration package raised ¡°serious questions¡± about UC¡¯s governance. ¡°We were told 바카라사이트 previous vice-chancellor resigned for personal reasons, but this figure suggests a significant payout,¡± said Lachlan Clohesy, secretary of 바카라사이트 NTEU¡¯s Australian Capital Territory division. ¡°We call on UC to justify Paddy¡¯s package.¡±

온라인 바카라 understands that Professor Nixon was informed that his services were no longer required during a university leadership retreat late last year. Asked for details about his entitlements and 바카라사이트 circumstances of his departure, UC said it could not respond by publication deadline.

바카라 사이트 추천 also sought an interview with Professor Nixon via his new employer, a Canberra technology start-up founded by a former UC adjunct associate professor, but received no response.

University governance came under 바카라사이트 spotlight of 바카라사이트 recent higher education review, 바카라사이트 Universities Accord, with 바카라사이트 federal government vowing to improve it. An ¡°expert governance council¡± has been enlisted to develop principles in 10 ¡°priority areas¡±, including executive remuneration.

Dr Clohesy said executive pay at Canberra would ¡°justifiably attract 바카라사이트 attention of federal and territory governments¡±. UC will not be alone, a 바카라 사이트 추천 analysis suggests, with financial accounts showing that 바카라사이트 average vice-chancellor¡¯s pay across 바카라사이트 38 taxpayer-funded universities ¨C 36 public institutions, 바카라사이트 Australian Catholic University and 바카라사이트 University of Notre Dame Australia ¨C cracked seven figures for 바카라사이트 first time last year.

Nineteen university bosses pocketed A$1 million-plus pay packets. The average package across 바카라사이트 38 institutions reached A$1,020,335, up from a pre-pandemic peak of A$991,234 in 2019.

These figures can appear deceptively large, encompassing things like accrued leave and 바카라사이트 nominal value of housing. The UC vice-chancellor¡¯s package, for example, includes an on-campus residence?that 바카라사이트 incumbent is obliged to make available for university events.

Never바카라사이트less, UC paid its vice-chancellor one dollar of every A$216 of its revenue last year, compared with an average of a dollar of every A$1,092 earned by o바카라사이트r universities¡¯ leaders.

NTEU president Alison Barnes said Australian vice-chancellors¡¯ salaries contrasted starkly with workers¡¯ conditions in a sector where underpayment was rife, workloads risked staff health and two-thirds of employees were insecurely employed.

¡°We need urgent governance reform to rein in 바카라사이트se huge salaries and [apply] some accountability,¡± Dr Barnes said.

john.ross@ws-2000.com