Diamond
1. Please would you increase the Warden's salary to £53,487 p.a. with effect from 1st December 2001, this being the sum determined by Professorial basic salary plus Schedule III allowance (see FC 95.87)
2. Please would you also add a monthly uplift of £424.96 for the next 39 months (from 1st December 2001) to reimburse the Warden for past underpayment
R. Boden
28-11-01
Calculation of salary adjustment required to reimburse Warden for underpayment since 1/10/98
| period | underpayment | Cumulative inc interest | No. of months | Months in year | Interest rate | Interest | |
| 1/10/98-1/4/99 | 2,112.00 | 2,112.00 | 6 | 12 | 5.00% | 52.80 | |
| 1/4/99-1/4/00 | 4,372.00 | 6,536.80 | 12 | 12 | 5.00% | 326.84 | |
| 1/4/00-1/4/01 | 4,503.00 | 11,366.64 | 12 | 12 | 5.00% | 568.33 | |
| 1/4/01-1/9/01 | 1,932.92 | 13,867.89 | 5 | 12 | 5.00% | 288.91 | |
| 1/9/01-1/12/01 | 1,171.25 | 15,328.06 | 3 | 12 | 5.00% | 191.60 |
So £5,328.06 is the accumulated shortfall to be paid over next 39 months in equal monthly instalments
Assume interest at 5% to be calculated on half that sum for 39 months:
Additional interest amounts to: £1,245.40
So total to be amortised is £16,573.46
Monthly uplift 1/12/01-1/3/05 £424.96
Warden's Pay
| Paid | s/be | Difference | Under payment | |
| 01/04/95 | 40,038 | 40,038 | 0 | |
| 01/04/96 | 41,199 | 41,199 | 0 | |
| 01/04/97 | 42,394 | 42,394 | 0 | |
| 01/04/98 | 43,242 | 43,242 | 0 | |
| 01/10/98 | 44,005 | 48,229 | 4,224 | 2,112.00 6 months |
| 01/04/99 | 45,545 | 49,917 | 4,372 | 4,372.00 12 months |
| 01/04/00 | 46,912 | 51,415 | 4,503 | 4,503.00 12 months |
| 01/04/01 | 48,319 | 52,958 | 4,639 | 1,932.92 5 months |
| 01/09/01 | 48,802 | 53,487 | 4,685 | 1,171.25 3 months |
| 14,091.17 |
Dear Roger
I am afraid the interpretation of Schedule III allowance is not correct. In October, 1998 there was a major review (U of 0) of schedules of allowances for the heads of department. The number of schedules was increased from 4 to 6. In doing so the values were also increased by 10%. Therefore an equivalent of old schedule III is schedule V. We therefore need to revise our figures to reflect the correct situation.
Diamond
Dear Diamond
Thanks for this - we have since spoken.
Just for the record, I have no doubt that the reason why the University revised its schedules in 1998 is that they realised Professors who were heads of department were falling behind compared with their equivalents in other institutions - hence the substantial increases in existing schedule allowances and the creation of two new schedules, 5 and 6. By the same token, the Warden's salary was falling behind, and in fact is still considerably below what, for example, St Peter's and Brasenose are advertising for new Heads of House (£60k plus housing). I shall be asking Finance Committee, next term, to review the Warden's stipend with a view to increasing it above the current formula of Professorial basic plus Schedule III allowance. But meanwhile please implement the adjustment that we have discussed - to restore the stipend what that formula provides and to reimburse the Warden for underpayment since 1998.
Many thanks
Roger
| Professors (A20) | ||
| Salary scale effective from 1 March 2002 £ | Salary scale effective from 1 August 2002 £ | |
| Basic salary | 45,338 | 46,789 |
| Allowances: | ||
| Schedule I | 12,793 | 13,202 |
| Schedule II | 10,874 | 11,222 |
| Schedule III | 8,684 | 8,962 |
| Schedule IV | 5,759 | 5,943 |
| Schedule V | 4,350 | 4,489 |
| Schedule VI | 2,208 | 2,279 |
49. Warden-elect: terms of appointment
The Sub-Warden and Bursar reported that negotiations with the Warden-elect on the terms of her appointment were nearly completed. The main difference compared with the terms for the present Warden was that the College will have to make provision for the Warden-elect's pension. Fellows will have the opportunity of seeing the letter of appointment before it is sent. The cost of refurbishing the Warden's Lodgings is unlikely to exceed £10,000.
The Committee considered the report of it sub-committee on the remuneration of the Warden and Bursar. Following some detailed discussion the Committee decided to amend the recommendations of the sub-committee as follows:
Warden It is recommended that the Warden's stipend be increased by the addition of the Schedule III departmental allowance to give a total stipend of £40,038 with effect from 01.04.95. In addition the Committee recommends that the Warden should be entitled to a book allowance at the Tutorial Fellows' rate of £473 with effect from 01.08.95.
Bursar The Committee noted that Keble's single bursar establishment leads to a very heavy work-load and limited time during which the present Bursar was able to take leave. The Committee recommends that the College should look favourably on any request which the Bursar might make for extended leave of up to a term's duration, with the proviso that the College should appoint a Fellow as acting Bursar during this period.
Pay award for academic and academic-related staff: settlement for 1998
Vol nos. EMS/6; EMS/10; WP899.058
Prev. refs. Council Papers: Vol. 346, HT 1997, pp. 346, xiv(15)
General Board Papers: Vol. CCV, HT 1997, pp. 155, ccv(4)
1. The Universities and Colleges Employers Association has notified universities that a national agreement has been reached on the 1998 pay increase for non-clinical academic and academic-related staff. The agreement provides for an increase of 2 per cent to take effect from 1 April 1998 and a further increase of 1.8 per cent on the rates which applied before 1 April to take effect from 1 October 1998.
2. The effect on the rates payable to non-clinical academic and academic-related staff from 1 April and 1 October 1998 is annexed at B in the form in which the information would be made available to those members of Congregation who requested it.
3. The latest forecast considered by the Resources Committee on 5 and 19 May has assumed a 2 per cent salary increase in the budget for 1997-8 while for the budget for 1998-9 the committee has allowed for the award in exactly the form in which it has now been agreed.
4. Council and the General Board are asked to approve
(i) the increases to the rates of the salaries of academic and academic-related staff to take effect from 1 April 1998 and 1 October 1998;(ii) increases to the joint maxima as follows
| Rate from | 1.4.97 £ | 1.4.98 £ | 1.10.98 £ |
| Readers | 36,623 | 37,355 | 38,015 |
| University lecturers | 35,754 | 36,469 | 37,113 |
Ref. No. EMS/6
Salary rates for non-clinical academic and academic-related staff from 1 April 1998 and 1 October 1998
The new rates (Col. B) represent a 2 per cent increase on the rates paid from 1 April 1997 (Col. A) rounded to the nearest pound. The rates in Col. C represent a further increase of 1.8 per cent on the rates payable from 1 April 1997.
| A £ 1 April 1997 | B £ 1 April 1998 | C £ 1 October 1998 | |
| 1.1 Professors (A20) | |||
| Basic Salary | |||
| 38,994 | 39,774 | 40,476 | |
| Allowances | |||
| Schedule I | 6,788 | 6924 | 7,046 |
| Schedule II | 4,502 | 4,592 | 4,673 |
| Schedule III | 3,400 | 3,468 | 3,529 |
| Schedule IV | 1,726 | 1,761 | 1,792 |
Dear Diamond
Attached are the recommendations that were approved by Finance Committee (FC02.16) and GB (GB02.34), As the note recommends, all the revisions (including the Warden's salary) should take effect from 1-8-02, but at that time they should be adjusted in line with the annual rise in salaries.
Please would you let me have an amended stipends and allowances spreadsheet.
Many thanks
Roger
Note: The figures proposed below are at the level that would apply were they in force now: if they are not implemented until 1-8-01 they will at that point be uplifted in line with the general increases in academic stipends.
1. Academic allowances for Fellows should be increased from £573 p.a. to £750 p.a.
2. The stipend of the Sub-Warden should remain at £1,299 p.a. save that, if called upon to serve as Acting Warden for a period of more than a month the Sub-Warden's stipend should be quadrupled for the period of the Acting Wardenship.
3. The Senior Tutor's stipend should be increased to £6,000 p.a.
4. The teaching remission allowed to the Tutor for Admissions should be increased from 1.33/12ths to 3/12ths.
5. The stipend of the Dean of Degrees should be increased from £534 to £649.
6. The Warden's stipend be equivalent to that of a Professor receiving a Schedule II allowance (rather than, as currently, a Schedule III allowance). This represents an increase of some £2,200 p.a.
7. The above revisions should take effect from 1.8.02 and should be adjusted in line with the general uplift in academic salaries.
RJB (Roger Boden)
30-01-02