Kingston students were shocked to hear today that their Vice Chancellor earns more than top government ministers

VC pay revealed – Julius Weinberg earns more than the Prime Minister

Kingston’s new VC, Julius Weinberg, has recently announced that his salary for the current financial year is £220,400 nearly £80,000 more than Prime Minister David  Cameron.

The news stunned Kingston students who described the salary as  “shocking” and “mental”.

Third-year Politics student, Josh Groom, said: “I think it’s absolutely shocking. Far be it for me to say that the guy is not earning it but to reap £220,000 and to earn more than the Prime Minister is absolutely mental.”

In fact KU’s new VC is paid £7,600 less than his predecessor Sir Peter Scott, and has taken a pay cut of £18,600 from his last job at City University.

Max Skach, a first year Film Studies student, said: “I think that pay cut is so that he can say that he has taken a pay cut, as a justification thing, which is entirely out of order.”

A KU spokesperson said: “Professor Weinberg believes that the pay of individuals such as himself who head public sector organisations should be transparent; motivations for agreeing a specific package are private.”

Between 2002 and 2010, the salary of Kingston’s VC increased by 70 per cent – or £94,000 – to a total of  £228,000 by the time Sir Peter left office early this year.

But this steep increase in VC pay has been reflected across the country.  According to The Guardian, over 80 VCs earned more than the Prime Minister last year and many have seen their wages double and even triple over the past 10 years.

But Kingston students struggle to understand what it is that qualifies the extortionate pay, especially at this time of savage cuts to university funding and running. 

Harry Watson, a first year Film Studies student, said: “£220,000 sounds overly inflated. I don’t know what the VC’s job entails exactly but I think £100,000 would be enough of a salary for any job that I can think of within education.”

Mouatasim Shahid, a third year Pharmaceutical Science student, said: “Our tuition fees go up and these people get paid crazy money, making it harder for us to get into Uni. It’s unfair. I think the VC should definitely earn less than the Prime Minister.”

About River Reporter

One comment

  1. Whilst some of the readers here may be interested in reading Sir Peter Scott .com and the various other internet  presences that Dr Frederics has it might be worth commenting on the actual issue rather than his ongoing online war with Sir Peter Scott, to which I profer no opinion.

    Professor Weinberg is paid a large amount doubtlessly. Sir Peter was also paid a large amount. However Kingston University is a large organisation that has a an annual income of hundereds of millions of pounds. His job is to run the university which whether we like it or not, (and I don’t like it) is a business and his salary is not as large as some in business get. He is certainly not over paid on the scale that the Chief Executive of investment banks are.

    The Prime Minister’s salary is a poor comparison to make as the Prime Minister’s salary is kept artififically low for political reasons. If the Prime Minister was paid what the market would allow he would be paid at least 10 times what he is. One also has to consider that the Prime Minister will earn far more after he leaves public service. In the case of Tony Blair his earnings would surpass the earnings of most VCs in 10 years.

    Compared to other Vice Chancellors, Professor Weinberg is paid much less and does not recieved many of the attached benefits that other VC’s do. Professor Andrew Hamilton at Oxford for example is paid £422,000 a year, plus benefits and a grace and favour home.

    This is a mountain out of a mole hill. Quite simply if we were £50,000 a year we would probably get a useless VC with no idea what he was doing. Let the new boy bed in, and see if he is any good. If he isn’t. Then we can start bashing him about value for money.

Leave a Reply

Your email address will not be published. Required fields are marked *

*