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Saturday 15th
posted by Peter Lazenby in Britain

LECTURERS called on universities yesterday to reveal the extravagant pay and perks of greedy bosses to the public.

The University and College Union (UCU) said the “murky world” of vice-chancellors’ pay should be made transparent, arguing their pay should be laid bare in a public register.

The union also attacked the decision to allow vice-chancellors to sit on committees which decide their own remuneration packages.

UCU has raised the issue with successive universities ministers only to be told that the sector could regulate itself. However while lecturers’ salaries are falling, university heads are receiving an average salary package of £277,834 a year.

The union said a public register was required to restore public confidence as top pay is funded by the taxpayer and through students’ tuition fees.

UCU general secretary Sally Hunt said: “The largesse of those at the top of our universities has long been a source of embarrassment for the sector and UCU has raised the issue many times with ministers.

“With the amount of debt students are accruing to fund their education under the spotlight, the time has come to expose the murky world of senior pay in universities.

“The huge disparities in the levels of pay and pay rises expose the arbitrary nature of vice-chancellors’ pay.

“It is simply wrong that some of them sit on the committee that decides their pay and that universities can hide behind its shadowy remuneration committee’s decisions without releasing minutes from the meeting.”