Thursday 21 January 2010

Treat your employees fairly, they do a good job. Not too difficult, is it?

This piece from the Times Higher Education Supplement is more relevant to The Hegemon than to any other educational institution in the country. Our bosses (those who got us a multimillion pound fine) receive much, much higher pay than the Prime Minister, including 'performance related pay'.

We get the sack, and survivors get 0.5%. With inflation at 2.9%, that's an effective pay cut of 2.4%. Our superiors have solved the league table problem - by withdrawing from it entirely.


To sail ahead, staff should be in the same boat on pay
21 January 2010
Exeter study identifies correlation between success and wage equality. Hannah Fearn reports
Universities that pay their staff well are likely to outperform their rivals and score highly in national league tables, while those with a wide disparity between vice-chancellor and rank-and-file pay are likely to sink down the rankings.
These are the conclusions of a study by academics at the University of Exeter, which identifies a close correlation between staff pay and institutional performance.
In a document detailing the preliminary findings of the research, the authors state that "group performance is highest when all group members, leaders and followers alike, are rewarded equally for success. This is because pay sends out strong signals about shared identity - a feeling that all members are 'in the same boat'."

1 comment:

Kate said...

Hmmmmmm, and what are my feelings about the results of this study, well, to quote your good self Vole 'Ursine Arboreal Fertilisation Shocker!' Don't get me wrong, I'm not saying the study isn't necessary or important (as a 'Discourse' nut yourself you'll know how I feel about the importance of emancipatory work that ensures 'silenced voices' are heard) but really, it isn't rocket science and it is a great, great shame that the powers at be need this pointing out to them. But, given my own work experiences, I suppose I shouldn't keep being so surprised!