Been reading an article on LRB and found this tidbit In the last decade, the real pay of academic staff has declined by more than 20 per cent, while the amount of income generated per university employee has increased by 35 per cent. Vice-chancellors and other senior administrators are paid like the CEOs they increasingly resemble: last year, nearly half of VCs were paid over £300,000, while six made more than £500,000
Higher ed has been seeing stuff like this on this side of the pond as well. Not sure if any of our participants here are in academia in the UK, but does this strike you as "spot on" or as someone bandying numbers about?
