The University is committed to transparency with regard to the remuneration of senior staff, including that of the Vice-Chancellor, and publishes these annually in the University’s Financial Statements.
The salary for Professor Shearer West is £270,000 per annum. The University also makes the standard employer’s contribution of 18%, which is available to all academic staff, to her USS pension scheme.
The salary has been determined according to a number of factors including, but not limited, to:
- the breadth of leadership responsibilities for one of the UK’s largest universities consisting of 45,000 students and 8,000 staff based in campuses across the UK, China and Malaysia;
- the financial responsibilities for an institution with an annual turnover of £650 million; and which contributes more than £1 billion each year to the national economy;
- the accountability for sustaining a TEF Gold-ranked educational experience for our students; and a world-leading research portfolio worth £600 million.
Senior salaries are set by the University’s Remuneration Committee, comprising independent external members of Council, who possess wider commercial and public sector pay knowledge and expertise.
The Vice-Chancellor is not a member of the Remuneration Committee. She will attend only by invitation when Remuneration Committee is considering the salaries of her senior staff.
See also the Remuneration Committee webpage