Sunday, November 06, 2011

Vice Chancellor of University of Queensland was Paid More than $1 Million

The Vice Chancellor (i.e. President) of the University of Queensland is resigning. But what shocked me in the story was that he was paid over $1 million! And his deputy was paid almost $1 million. Recently there was a controversy that the head of the Reserve Bank had an increase in salary to $1 million and that several other public officials saw increases to around $800k. The Prime Minister gets less than $400k and government department heads were in the $400k or so range. A full professor gets $145k base salary with more senior and star people up to $250k (Laureate Fellows get this much). My impression was that a Dean would get around $200k and so I assumed that the VC would be in the $400k range. But apparently not. Or is it just Queensland? Apparently this is not unique. Ian Young got about $900k at Swinburne and so presumably gets much more now he moved to ANU.

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