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Another Vc Troughing Story - Head Of Worst In Uk Pocketed £600K Last Year

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http://www.dailymail.co.uk/news/article-3314559/Failing-university-heads-600-000-Student-fees-going-Courses-slashed-don-t-worry-s-boom-time-vice-chancellors.html

  • The head of Britain's worst university pocketed £600,000 last year
  • One university vice chancellor spent £60,000 on business class flights
  • Another received £623,000 - despite his institution dropping 20 places
  • Payouts revealed thanks to Mail investigation involving 6,000 FOI requests
  • Use the tool below to see how many bosses at your university or college took home six-figure deals last year (iPhone app users click here )
  • Search the Mail investigation here for fat cat pay at your local council, hospital and police force
  • You can also download the full Excel document in full here if you wish
  • If you are unable to view the ‘Search the Rich List’ panel on a mobile app, please try viewing the story via a web browser

Well they head institutions with budgets of hundreds of millions it's only fair that they should help themselves to an appropriate amount to line their pockets. And of course all this helps them to bid up each others wages a nice little club if you can get into it.

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There's quite a lot of academic bods on this forum, how does the governance structure in these institutions work? Or is everyone generally overpaid so everyone keeps quiet?

Top management get top dollar, everyone else has had near zero pay increases meaning erosion in real terms over last 6 years or so.

Massive lack of transparency at prof level and above. Lots of informal bargaining which means the weaker the management, the more likely the system results in the 'loudest' voices getting heard

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