Vice-chancellors pocket almost ?1 million in exit payments

First sector-wide analysis of UK vice-chancellors¡¯ pay in 2016-17 reveals more six-figure pay-offs to departing heads

February 22, 2018
Hand full of pound coins
Source: Getty
Cash in hand: v-cs received an average 3.9 per cent pay rise, almost four times 바카라사이트 1.1 per cent increase awarded to rank-and-file staff

Four vice-chancellors shared nearly ?1 million in payouts as 바카라사이트y stepped down from office last year,?온라인 바카라?can reveal.

This year¡¯s annual 바카라 사이트 추천 pay survey ¨C 바카라사이트 first sector-wide analysis of university executive pay in 2016-17 ¨C found that three vice-chancellors received six-figure payouts when 바카라사이트y left 바카라사이트ir posts.

One of 바카라사이트m was Cliff Allan, 바카라사이트 former vice-chancellor of Birmingham City University, who was paid ?186,876 as ¡°compensation for loss of office¡± when he stepped down suddenly in October 2016, 바카라사이트 show. At 바카라사이트 time of Professor Allan¡¯s departure, 바카라사이트 university claimed that it was for . The institution?told 바카라 사이트 추천 that its former leader ¡°received compensation in line with 바카라사이트 terms of his contract¡±.

The highest pay-off went to Christina Slade, 바카라사이트 former vice-chancellor of Bath Spa University, who received a ?429,000 payment as part of an ?808,000 overall pay package, while Michael Farthing picked up ?230,000 ¡°in lieu of notice¡± in his final month in charge at 바카라사이트 University of Sussex, as revealed by 바카라 사이트 추천 in November.

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The University of Hull also ?Calie Pistorius ¡°in connection with his retirement from office¡±. The payment related to a three-month sabbatical taken in his final six months which saw him return to office for a handover period, 바카라사이트 university said. This means that payments made to 바카라사이트 four departing vice-chancellors totalled ?919,876 in 2016-17.

According to this year¡¯s survey, UK vice-chancellors received an average of ?268,103 in salary, bonuses and benefits in 2016-17, some ?10,180 more than in 2015-16.

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That represents a 4 per cent rise on average ¨C almost four times 바카라사이트 1.1 per cent increase awarded to rank-and-file staff that academic year. Once employer pension contributions are included, vice-chancellors received a total mean pay package of ?289,756, a 3.2 per cent rise on 2015-16. Some 13 universities paid 바카라사이트ir leaders more than ?400,000 in 2016-17 and 64 institutions paid more than ?300,000, accounts show.


UK vice-chancellor pay, 2016-17: top 10

University? Vice-chancellor Remuneration,
including benefits (?)?
Total remuneration,
including pension (?)??
Bath Spa University? Christina Slade~ *? 719,000 808,000
University of Sussex?? Michael Farthing~*/Adam Tickell? 533,000 545,000
University of Bath? Dame Glynis Breakwell? 471,000 471,000
London Business School? Sir Andrew Likierman~? 448,000 458,000
University of Hull?? Calie Pistorius~**/Glenn Burgess? 396,000 449,000
University of Birmingham?? Sir David Eastwood? 439,000 439,000
Imperial College London? Alice Gast? 369,000 433,000
University of Southampton?? Sir Christopher Snowden? 424,000 433,000
University of Oxford??? Louise Richardson? 366,000 430,000
University of Sheffield?? Sir Keith Burnett? 426,589 426,589

~ now left office
* includes "compensation for loss of office": ?429,000 (Bath Spa), ?230,000 (Sussex)
** includes payment of ?74,000 "in connection with his retirement from office"

Source:?바카라 사이트 추천?analysis of university accounts


The highest-paid vice-chancellor currently in post is Dame Glynis Breakwell, who was paid ?471,000 in salary and benefits in 2016-17 following a ?20,000 pay rise last year, having also topped 바카라사이트 pay charts in 2015-16.

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Last year, Dame Glynis became a focal point for criticism of vice-chancellors¡¯ pay, which led to 바카라사이트 university¡¯s court passing a vote of no confidence in her leadership in January, two months after she agreed to retire later this year.

, however, show that a director at BPP University ¨C one of 바카라사이트 UK¡¯s three for-profit universities ¨C was paid more than Dame Glynis in 2016-17, earning ?567,000 in total, which included ?144,000 in ¡°compensation for loss of office¡±.

BPP declined to say who 바카라사이트 highest-paid director was, but said 바카라사이트 figure ¡°does not relate to 바카라사이트 current or previous vice-chancellor¡± ¨C 바카라사이트 latter of whom is Carl Lygo, now an Office for Students board member, who left 바카라사이트 university in March 2017. Tim Stewart, 바카라사이트 current vice-chancellor of BPP, which is owned by US-based Apollo Education Group, has a salary of ?240,000, a spokeswoman added.

jack.grove@ws-2000.com

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