Average university boss’s salary rises 14% in five years

Union report says average rise for vice-chancellors last year alone was 3%, to £272,000, but 27 heads enjoyed increases of more than 10%

Pay for university bosses has soared by 14% over the last five years, with the average vice-chancellor’s salary now just under £275,000, according to a new report. The highest single earner was Andrew Hamilton, until recently the vice-chancellor at Oxford University, who was paid £462,000 for the academic year 2014-15, states the report, published on Thursday.

The University of Salford spent £516,000 on vice-chancellors’ pay for two incumbents in 2014-15, according to the document. Meanwhile, the average pay rise for vice-chancellors last year was an inflation-busting 3%, though 27 university heads enjoyed a pay increase of more than 10%.

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Union report says average rise for vice-chancellors last year alone was 3%, to £272,000, but 27 heads enjoyed increases of more than 10%

Pay for university bosses has soared by 14% over the last five years, with the average vice-chancellor’s salary now just under £275,000, according to a new report. The highest single earner was Andrew Hamilton, until recently the vice-chancellor at Oxford University, who was paid £462,000 for the academic year 2014-15, states the report, published on Thursday.

The University of Salford spent £516,000 on vice-chancellors’ pay for two incumbents in 2014-15, according to the document. Meanwhile, the average pay rise for vice-chancellors last year was an inflation-busting 3%, though 27 university heads enjoyed a pay increase of more than 10%.

Continue reading…

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