Vice-Chancellor Sir David Eastwood receives a pay rise and a bonus amid the pandemic
He received a £61k bonus
The University of Birmingham Annual Report and Accounts released earlier this week shows that Sir David Eastwood received a pay rise in the academic year 2019/2020.
The Vice-Chancellor also received a bonus of £61,ooo.
This is his final year as Vice-Chancellor, as he announced earlier this year that he would be retiring after 12 years in the position.
Sir David Eastwood received a pay rise of £9,000 from 2019 to 2020. His salary was raised from £339,000 to £348,000.
In both 2019 and 2020, he also received a ‘performance-related award’ of £61,000.
This brought his total earnings for the year 2020 to £460,000. This is £10,000 more than he received in 2019.
In a statement published on UoB intranet, the university claim that the VC’s pay is based on performance in 2018/19.
In 2020, it was reported that Sir David Eastwood refused to take a pay cut to his £450,000 pay package despite the financial pressure the university has been placed under during the pandemic.
However, many Russell Group university vice-chancellors took pay cuts, including Edinburgh, Nottingham, Manchester, Imperial College London, Liverpool, Cardiff, London School of Economics, Bristol, York, and King’s College London.
Several of these vice-chancellors donated their salaries directly to student hardship funds, including Imperial College and Bristol.
The university has been contacted for comment, but they have not responded.