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Tag: salary

University heads’ pay hits average of £272k, whilst student fees reach record highs
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University heads’ pay hits average of £272k, whilst student fees reach record highs

A study by the University and College Union suggested vice-chancellors at UK universities received average salary packages of £272,000 last year, up some £12,000 from 2014. Vice-chancellors' pay has come under scrutiny in recent years, with ministers in 2014 raising concerns about the “substantial upward drift” of salaries. The UCU study based on Freedom of Information requests calculated university bosses received almost seven times more than the average wages of staff, with bosses receiving “inflation-busting” rises. Royal Holloway’s principal Paul Layzell received a 3% (£8k) pay increase in 2014, bringing his total salary up to £265k, according to Royal Holloway’s financial report. The research also suggests universities spent thousands more on hotels, flights and other expe...