What is go­ing rate for the best tal­ent?

Bath Chronicle - - OPINION -

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.

Ken Cookes

Chaucer Road Bath

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