What is going rate for the best talent?
When the Chronicle first broke the news of our vastly overpaid vice chancellor, the chairman of the university governors explained it away by telling us that, “the going rate had to be paid for the best talent”. This old cliché doesn’t ring true anymore does it? Not according to the superb qualifications of the new vice chancellor, Professor White, who is to replace Dame Glynis Breakwell on a salary which is £200k less than his predecessor, as reported in the Chronicle, September 6. Excessive public sector salaries are usually justified by this “going rate explanation”, which is so often wrong and ignores such perks as inflation-linked pensions. I must say I’m surprised the Chronicle failed to mention this in their editorial comment alongside the latest announcement of Professor White’s much reduced salary.
Chaucer Road Bath