Vince Cable calls for restraint of university bosses' pay

Business Secretary's comments come after it was revealed vice-chancellors enjoyed an 8.1% average salary hike in 2012-2013, compared to just 1% for ordinary staff

Vince Cable has called for 'restraint' for university vice-chancellors' and senior management's soaring pay packets.

Last week it was revealed vice-chancellors enjoyed an 8.1 per cent average salary hike in 2012-2013, compared to just 1 per cent for ordinary staff.

“Whilst universities are independent organisations with many sources of income, they do benefit from public subsidy,” Mr Cable said.

“I’m sure taxpayers would expect some degree of restraint in the salaries of top managers of universities at a time when public sector pay is still under pressure.”

The Business Secretary’s comments came in response to a letter from the secretary general of the University and College Union (UCU) Sally Hunt calling on universities to explain their executives’ high pay rises to the public.

Ms Hunt demanded that the minutes of remuneration committees be made publicly available, including the justification for pay increases.

She added there should be staff representatives on remuneration committees and urged institutions to publish an annual list of the pay and benefits of vice-chancellors and principals.

“Despite promising to cut back on excessive pay at the top, vice-chancellors continue to hide behind the shadowy remuneration committee when it comes to their pay rises,” she said.

“Vice-chancellors have no problem accepting large rises while at the same time telling their staff there’s no money available and that they must accept another real-terms pay cut.

“Their continued avarice is an embarrassment for the sector and we urgently need some transparency.”

Last week it was revealed that university bosses at Russell Group universities received a salary rise of more than £22,000 to nearly £293,000 in 2012-13.

The union says when pension payments are included, the vice-chancellors received an average package of £318,500, up from £302,500 in 2011-12.

Suggested Topics
PROMOTED VIDEO
Have you tried new the Independent Digital Edition apps?
Life and Style
Sainsbury's could roll the lorries out across its whole fleet if they are successful
tech
Arts and Entertainment
tv
Sport
Ojo Onaolapo celebrates winning the bronze medal
commonwealth games
Arts and Entertainment
Rock band Led Zeppelin in the early 1970s
musicLed Zeppelin to release alternative Stairway To Heaven after 43 years
Arts and Entertainment
High-flyer: Chris Pratt in 'Guardians of the Galaxy'
filmHe was homeless in Hawaii when he got his big break. Now the comic actor Chris Pratt is Hollywood's new favourite action star
Arts and Entertainment
'Old Fashioned' will be a different kind of love story to '50 Shades'
film
Life and Style
fashionHealth concerns and 'pornified' perceptions have made women more conscious at the beach
Arts and Entertainment
Tracey Emin's 'My Bed' is returning to the Tate more than 15 years after it first caused shockwaves at the gallery
artTracey Emin's bed returns to the Tate after record sale
Arts and Entertainment
Smart mover: Peter Bazalgette
filmHow live cinema screenings can boost arts audiences
Environment
Neil Young performing at Hyde Park, London, earlier this month
environment
News
i100
News
Prince Harry is clearing enjoying the Commonwealth Games judging by this photo
people(a real one this time)
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
iJobs Job Widget
iJobs Student

Graduate / Trainee Recruitment Consultant - IT

£25000 per annum + OTE £40,000: SThree: Orgtel are seeking Graduate Trainee Re...

Cover Supervisor

£45 - £60 per day: Randstad Education Chester: Job Opportunities for Welsh Spe...

Cover Supervisor

£45 - £60 per day: Randstad Education Chester: Job Opportunities for Welsh Spe...

Cover Supervisor

£45 - £60 per day: Randstad Education Chester: Job Opportunities for Welsh Spe...

Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

Day In a Page

Save the tiger: The animals bred for bones on China’s tiger farms

The animals bred for bones on China’s tiger farms

The big cats kept in captivity to perform for paying audiences and then, when dead, their bodies used to fortify wine
A former custard factory, a Midlands bog and a Leeds cemetery all included in top 50 hidden spots in the UK

A former custard factory, a Midlands bog and a Leeds cemetery

Introducing the top 50 hidden spots in Britain
Ebola epidemic: Plagued by fear

Ebola epidemic: Plagued by fear

How a disease that has claimed fewer than 2,000 victims in its history has earned a place in the darkest corner of the public's imagination
Chris Pratt: From 'Parks and Recreation' to 'Guardians of the Galaxy'

From 'Parks and Recreation' to 'Guardians of the Galaxy'

He was homeless in Hawaii when he got his big break. Now the comic actor Chris Pratt is Hollywood's new favourite action star
How live cinema screenings can boost arts audiences

How live cinema screenings can boost arts audiences

Broadcasting plays and exhibitions to cinemas is a sure-fire box office smash
Shipping container hotels: Pop-up hotels filling a niche

Pop-up hotels filling a niche

Spending the night in a shipping container doesn't sound appealing, but these mobile crash pads are popping up at the summer's biggest events
Native American headdresses are not fashion accessories

Feather dust-up

A Canadian festival has banned Native American headwear. Haven't we been here before?
Boris Johnson's war on diesel

Boris Johnson's war on diesel

11m cars here run on diesel. It's seen as a greener alternative to unleaded petrol. So why is London's mayor on a crusade against the black pump?
5 best waterproof cameras

Splash and flash: 5 best waterproof cameras

Don't let water stop you taking snaps with one of these machines that will take you from the sand to meters deep
Louis van Gaal interview: Manchester United manager discusses tactics and rebuilding after the David Moyes era

Louis van Gaal interview

Manchester United manager discusses tactics and rebuilding after the David Moyes era
The children were playing in the street with toy guns. The air strikes were tragically real

The air strikes were tragically real

The children were playing in the street with toy guns
Boozy, ignorant, intolerant, but very polite – The British, as others see us

Britain as others see us

Boozy, ignorant, intolerant, but very polite
Countries that don’t survey their tigers risk losing them altogether

Countries that don’t survey their tigers risk losing them

Jonathon Porritt sounds the alarm
How did our legends really begin?

How did our legends really begin?

Applying the theory of evolution to the world's many mythologies
Watch out: Lambrusco is back on the menu

Lambrusco is back on the menu

Naff Seventies corner-shop staple is this year's Aperol Spritz