University bosses saw their salaries jump by an average of 5.5 per cent between 2011-12 and 2012-13, according to a new study published today.
University bosses saw their salaries jump by an average of 5.5 per cent between 2011-12 and 2012-13.
At a time when staff saw their pay fall in real-terms, a fifth of universities also rewarded their vice-chancellor or principal an annual pay increase of at least 10 per cent.
Meanwhile a third of vice-chancellors pocketed a rise of between 5-10 per cent, according to Times Higher Education’s annual pay survey.
University staff have seen their pay fall by 13 per cent in real-terms since 2009, and have walked out six times since October over pay.
Responding to the findings, UCU general secretary Sally Hunt said vice-chancellors and principals had enjoyed considerable pay rises at a time when they have been driving down staff pay.
“Rather than defending or explaining why they merit such handsome rewards, university leaders hide behind decisions made by shadowy remuneration committees. The time has come for the lid to be lifted on senior pay and the quite arbitrary rises fully explained,” she added.
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