The Vice-Chancellor’s remuneration has been reviewed each year to date in relation to University performance.
Professor Edward Peck took up his post as Vice-Chancellor in August 2014. Prior to that he had spent six years as Pro-Vice Chancellor for Social Sciences at the University of Birmingham where he had previously been both a Head of School and Department. He started his academic career at King’s College London in 1995, joining after a number of senior roles in the NHS.
In considering any increase in his salary, or indeed that of any member of the senior team, this Committee has taken into account:
- the performance of the University overall and against the Key Performance Indicators (KPIs) agreed by the Board of Governors;
- the comparability of the current package to peers both within the sector and appropriate benchmarks external to the sector; and
- pay and bonus principles and practice across the University.
The Vice-Chancellor is not a member of the Remuneration Committee. The Vice-Chancellor is invited to attend the Committee’s meeting to advise the Committee on agenda items that do not relate to his own salary or other potential benefits. Both a member of NTU staff appointed to the Board of Governors and a recent NTU student selected by the Chair of Governors in collaboration with Nottingham Trent Students Union’ were present.
Recent recognition for NTU
NTU was awarded a national University of the Year title in each of the three years between 2017 and 2020: Times Higher Education University of the Year 2017; Times and Sunday Times Modern University of the Year 2018; and University of the Year 2019 in The Guardian University Awards 2019. In 2019 NTU climbed to its highest ever ranking — 12th — in The Guardian University Guide, a rise of four places on the previous year, continuing a trajectory that had been sustained for the previous five years; it was 73rd in 2014. This is the highest placing ever achieved by a university with NTU’s origins. During this period, it became the UK university that recruited the largest number of UK undergraduates, a distinction that it continues to hold.
In 2020 and 2021 its position in these league tables declined for a number of reasons, reflecting most recently an extraordinary academic year impacted significantly by the COVID-19 pandemic.
In November 2021, NTU earned a prestigious Queen’s Anniversary Prize for Higher and Further Education, the highest national honour for a university, for its cultural heritage research. This work brings together science, engineering, arts and humanities to develop innovative ways to reveal, record, understand and help restore culturally significant objects and protected monuments. It is the second time that NTU has been bestowed the honour of receiving a Queen’s Anniversary Prize for its research, the first being in 2015 for leading-edge research on the safety and security of global citizens.
NTU has been recognised widely for its innovative and systematic approach to enabling students to fulfil their academic potential and, in particular, the University’s commitment to supporting students from less privileged backgrounds in transforming their life chances. It is among the UK’s top-five recruiters of students from disadvantaged backgrounds. NTU was the first UK higher education institution to sign the Social Mobility Pledge, demonstrating its commitment to furthering social mobility through education. In recognition of this work, NTU was named University of the Year 2019 at the UK Social Mobility Awards. It was also selected to co-lead The Centre for Transforming Access and Student Outcomes, a national centre to research and develop best practices for universities on how to improve access and participation.
Nottingham Trent University is the fifth largest institution in the UK by total student numbers (HESA), with over 10,000 new undergraduate students starting in September 2021 and a total student body approaching 40,000 students. 81% of our student body are undergraduates, 17% are postgraduate taught and 2% are postgraduate research students. We have around 1,500 students on 39 Apprenticeship routes. 34% of our students are from BAME (Black, Asian and Minority Ethnic) communities.
NTU is one of the most sustainable universities in the world. During the last five years it has topped the People and Planet University League — which ranks all UK universities on their commitment to and management of sustainability — and in both 2020 and 2021 was ranked third. NTU was named the fourth most sustainable university in the World in both the 2020 and 2021 UI GreenMetric World University Rankings.
NTU improved its position in QS World University rankings significantly in 2019 with a rise by two full categories from the 800-1000 group to the 701-750 group, albeit it fell back by one category into the 751-800 group in 2020. Whilst many of its scores increased, the continued rise, and introduction, of universities from across Asia affected NTU adversely, as it did many UK universities in this ranking.
NTU has been placed within the 501-600 category in the Times Higher Education World University Rankings 2022, having previously been in the 601-800 group. NTU has also moved up from the 301-500 band to 251-300 band in the 2022 QS Graduate Employability Ranking, scoring particularly highly for its employer / student connections.
Contribution to National Policy
Since 2019, NTU has initiated a number of important initiatives that have both reflected and shaped national policy around higher education, skills, and levelling up. The most significant of these has been its decision to establish a university presence within Mansfield and Ashfield, encompassing not just its unique relationship with Vision West Notts College but also a wider range of stakeholders to support economic development, educational attainment, and cultural enrichment. This project has been called the ‘gold standard’ for FE / HE collaboration by the Minister for Universities, has been raised in Parliament, and received regular coverage in national and sectoral media. Further details can be found in the Policy Exchange Report and the NTU Impact Report.
External Recognition and Contribution of Professor Peck
Professor Peck is a Trustee of the Universities and Colleges Employers Association (UCEA) and Deputy Chair of the Universities and Colleges Admissions Service (UCAS). He was a member of the Post-18 Fees and Funding — AKA Augar — Review. He is an elected member of the Board of Universities UK and Chair of Midlands Enterprise Universities. He is also a member of the Nottingham Growth Board, and the Boards of the Midlands Development Corporation and the Midlands Engine.
On a personal note, Professor Peck has been conferred the award of Fellow of the Academy of Social Sciences for his contribution to the discipline and was appointed as a Deputy Lieutenant of Nottinghamshire in March 2020. He is the current President of the Newark and Nottinghamshire Agricultural Society.
Professor Peck was made a Commander of the British Empire (CBE) in the 2021 New Year Honours List for Services to Higher Education.
University Key Performance Indicators
Students and Stakeholders
|KPI||Status of KPI|
|Degree Outcomes Gap Between Black and White Students||Red|
|Graduate Outcomes Survey Skills Utilisation||Red|
|CPD Income Relative to KEF Cluster||Green|
|Citizens’ Advocacy||Reporting in 2022|
|KPI||Status of KPI|
|Net Cash Inflow||Green|
|KPI||Status of KPI|
|Research Income Relative to KEF Cluster||Green|
Ways of Working
|KPI||Status of KPI|
|Net Zero Carbon||Reporting in 2022|
|Staff Advocacy||Reporting in 2022|
|Student Digital Skills||Amber|
Salary, Benefits and Expenses
The Vice-Chancellor does not have a “grace and favour” home. He is not provided with a car and NTU does not employ a chauffeur on his behalf. Increases in his base salary have been in line with the nationally negotiated pay settlements in the sector for this and the last two years. Consistent with the overall approach of the University, he received no bonus either this year or last year.
The Vice-Chancellor's salary is reported in the University's financial statements on an annual basis. The financial statements for the financial year 2020/21 will be published online early 2022. However in the interests of transparency and openness, the Vice-Chancellor's salary history from 2014/15 is shown below.
|Bonus / performance pay||Nil||Nil||£20,442||£26,250||£25,000||£24,240||£16,000||Nil|
|Benefits in kind||£1,558*||£1,496||£976||Nil||Nil||Nil||Nil||Nil|
|Employer's pension contribution||£15,442*||£5,451||£5,497||£5,623||£5,513||£11,875||£40,400||£38,400|
|Payment in lieu of employer's pension contribution||£44,265*||£43,611||£43,611||£42,840||£39,750||£33,125||Nil||Nil|
*projected values for 2021/22
The expenses for the Vice-Chancellor (from 1 August 2014) are shown below:
Corporate credit card spend relating to the Vice-Chancellor
Travel and similar expenditure incurred by the University on behalf of the Vice-Chancellor in the performance of his duties
|Hotel accommodation||Train fares||Air fares||Economy flights||Business Class flights||Taxi costs|
In all cases these expenses exclude expenditure that has been reimbursed from a third party.