Universities to be fined over excessive vice-chancellors’ pay

The Office for Students could fine universities if they are unable to justify paying their vice-chancellors more than £150,000 a year, the science and universities minister Jo Johnson has announced.

Speaking at the Universities UK annual conference on 7 September, Johnson said that he had asked the OfS, the universities’ regulator, to request institutions’ governing bodies to publish the number of employees paid more than £100,000 a year.

Universities will need to provide clear justification of the salaries of those paid more than £150,000 a year, he said.