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.
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(From The Independent, Monday 24th February, 2014 - By Michael Allen)
