Real weight of a pay packet

Raoul Franklin
Tuesday 26 September 1995 18:02 EDT
Comments

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

From Professor R. N. Franklin

Sir: Judith Judd reported (" `No logic to university chiefs' pay' ", 21 September) the results of putative research on the salaries paid to vice-chancellors based on universities' published accounts. It came to the conclusion that one half were overpaid and one half underpaid, relative to a formulative norm. Amazing!

To do a serious analysis of the matter, much more information would be needed, eg, the total remuneration package, the term of the contract, the role and powers of the post, the financial position of the institution at the time of the appointment of the present incumbent and the tasks with which the holder has been charged. Some of this is available only within the institution and confidential. Other information is shared among chairmen of governing bodies and properly used to inform their judgements when recruiting staff.

The variation noted is not significant in comparison with those found in other sectors of commercial enterprise.

Yours faithfully,

Raoul Franklin

Vice-Chancellor

City University

London EC1

25 September

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in