A college vice-chancellor was handed greater than £800,000 in her remaining yr, together with a hefty departure fee, it has been revealed.
Accounts for Bathtub Spa College present Prof Christina Slade was paid £429,000 “for loss of office” on top of her £250,000 salary and different advantages.
The College and School Union (UCU) has known as for an “pressing overhaul” of senior pay at British universities.
A spokeswoman for Bathtub Spa mentioned the sum represented “worth for cash”.
Prof Slade, who served as vice-chancellor till August, was additionally given a housing allowance of £20,000 and one other £20,000 for “different benefits-in-kind”.
There have been additionally pension contributions of £89,000.
In whole, she acquired a pay package deal, together with advantages and pensions, value £808,000, after she determined to depart the job.
Lord Adonis, who’s pushing the difficulty of vice-chancellor pay within the Home of Lords, mentioned: “If £800,000 represents worth for cash for a vice-chancellor, then I’m the emperor of China.”
What number of college students’ tuition charges did the wage and advantages value?
Bathtub Spa College charged £9,250 a yr for an undergraduate diploma beginning in 2017. That’s £27,750 for a three-year course.
Prof Slade’s £808,000 pay was equal to 87 college students’ charges for a yr or 29 college students’ whole levels.
The entire pay package deal, together with compensation for lack of workplace, was additionally nearly double the quantity earned by Dame Glynis Breakwell, who’s standing down from the close by College of Bathtub following a row over her pay.
The median annual wage within the UK is £23,474. In Bathtub it’s £23,082.
It means in her remaining yr Prof Slade earned 35 instances greater than the average worker in the local area.
College vice-chancellors within the UK earn an average of £249,000.
Bathtub Spa College has not but given particulars of the circumstances of her departure, however an interim vice-chancellor, Prof Nick Foskett, is working the college till January.
An incoming vice-chancellor, Prof Sue Rigby shall be taking up on 22 January. She is because of be paid 20% lower than Prof Slade acquired in 2015-16.
A spokeswoman for the college mentioned: “Having taken authorized recommendation, the college paid Prof Slade a sum which mirrored her contractual and statutory entitlements, and was thought-about to characterize worth for cash.”
She mentioned that the vice-chancellor’s wage was determined by a pay committee, which didn’t embody the vice-chancellor or employees.
The committee was “aware of the necessity to reply to considerations about extreme salaries and bear in mind the efficiency of the college”, she added.
Lord Adonis mentioned such excessive charges of pay weren’t acceptable when college students might probably be racking up money owed of £100,000 due to the best way curiosity was stacking up.
He added that it was not the case that England was shedding vice-chancellors to the US, it was merely that universities had seen an explosion in revenue by means of increased charges.
He’s calling for a impartial investigation into the pay of vice-chancellors.
Bathtub Spa College describes itself as a artistic college with about 7,000 college students and 1,000 employees.
It was awarded college standing in 2005 after seven faculties joined collectively to make the brand new establishment.
The brand new revelations got here on the day it emerged the retirement phrases of Britain’s highest paid vice-chancellor are being investigated by a watchdog.
Prof Dame Glynis Breakwell introduced she was resigning from the College of Bathtub after a row over her £468,000 wage.
UCU basic secretary Sally Hunt mentioned that when it got here to senior pay in universities “many vice-chancellors and senior employees appear like they’re dwelling on a unique planet”.
She known as for better transparency into how senior pay awards had been determined, with employees and college students included on remuneration committees.
“We’re seeing what occurs when choices are taken in secret with out correct checks and balances,” she added.
“This merely can’t be allowed to proceed; we’d like an pressing overhaul of how senior pay and perks are decided, and the way our universities are ruled.”
However Bathtub Spa mentioned the previous vice-chancellor had led the college throughout a throughout a turbulent time for UK increased schooling and it had “flourished” throughout her tenure.
It was now broadly recognised as a centre of excellence for creativity, tradition and enterprise, it mentioned.
A spokesman mentioned: “Throughout her management, Bathtub Spa College has been reworked from a regional British college to a very world establishment, ranked eighth greatest fashionable college within the UK by the Sunday Occasions in 2016.
“In addition to main campus developments, Prof Slade has overseen a metamorphosis in instructing and analysis, with further professorial posts created and a major enhance in analysis exercise and revenue.”
She had additionally internationalised the college, giving college students better alternatives for outward mobility the world over, the spokesman mentioned.