[Kizzy]

Originally Posted by Northern Monkey

That’s one thing i am kind of in favour of with Corbyn.Renationalisation.Although i’m dubious of McDonells claim that it’ll pay for itself.Specially if they drop fares which would be one of their incentives to renationalise.

I guess he means the profit margin would be lower then but there would still be one... Have you seen the profits for private rail companies? ooooff!!!

[DemolitionRed]

Originally Posted by Christmas treeza

I guess he means the profit margin would be lower then but there would still be one... Have you seen the profits for private rail companies? ooooff!!!

I was chatting to an accountant yesterday and he was telling me that the head university don in Bolton is earning £600,000 a year and that same job seven years ago was worth £60,000 a year.

[Oliver_W]

Originally Posted by DemolitionRed

I was chatting to an accountant yesterday and he was telling me that the head university don in Bolton is earning £600,000 a year and that same job seven years ago was worth £60,000 a year.

Good for him, I wish my job would pay that much.

Incidentally, £60k doesn't sound like much for a head don at even a university like Bolton.

[DemolitionRed]

Originally Posted by The_Hogfather

Good for him, I wish my job would pay that much.

Incidentally, £60k doesn't sound like much for a head don at even a university like Bolton.

That's head of a department, not head of he university.

[Oliver_W]

Originally Posted by DemolitionRed

That's head of a department, not head of he university.

£60k still isn't much for a university HoD tbh. I still say good on him though, and I hope people would say good for me if my salary increased tenfold on as many years!

[Kizzy]

Originally Posted by The_Hogfather

£60k still isn't much for a university HoD tbh. I still say good on him though, and I hope people would say good for me if my salary increased tenfold on as many years!

No they wouldn't,they would say exploiting young people with aspirations had facilitated your grotesquely inflated salary.

if you were this person

[user104658]

Originally Posted by The_Hogfather

£60k still isn't much for a university HoD tbh. I still say good on him though, and I hope people would say good for me if my salary increased tenfold on as many years!

I'd agree that £60k would be low if academic quality is to remain high; that's the main problem I guess. It can seem wrong to have very high paid people in these positions but, to put it simply, if the salary isn't attractive then the positions are going to be filled by people who are less intelligent, less insightful, less able, less creative, etc etc. as talented individuals will naturally move on to better prospects. That's not what you want in an academic environment. Students should be around people who are at the top of their game in order to be academically inspired.

That said; I also think £600k is a bit over-the-top... and would say that £250k is a much more moderate and realistic figure to strike that balance (especially when you consider that for someone advanced in academia, their salary probably isn't their only income source).