Vice-Chancellor's Salary
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. He started his academic career at King's College London in 1995, joining after a number of senior roles in the NHS.
The Vice-Chancellor’s remuneration is reviewed annually by the Remuneration Committee, one of the sub-committees of the Board of Governors (see the Terms of Reference (PDF, 108KB) of the Committee).
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 – are members of the Committee.
Recent recognition for NTU
Nottingham Trent University is the sixth largest higher education institution in the UK judged by total student numbers (HESA), with over 40,000 students in 2023/24. It is one of top three most popular universities in the UK for home applicants, based on student acceptances.
NTU has been awarded a University of the Year award in four of the last seven years: Times Higher Education University of the Year 2017; The Times and The Sunday Times Modern University of the Year 2018 and 2023; University of the Year in The Guardian University Awards 2019; and, most recently, University of the Year 2023 in the Whatuni Student Choice Awards.
During 2023/24 academic year NTU was awarded TEF Gold, one of the few higher education providers to have received this national accolade on both occasions it has been undertaken.
NTU is a top 10 university for sport in finishing 7th in the British Universities and Colleges Sport league table in 2023/24.
NTU is one of the most sustainable universities in the world. In 2023, it was ranked 2nd most sustainable university in the world - and 1st in the UK - for sustainability-themed education and research out of more than 900 participating universities in the UI Green Metric University World Rankings.
External Recognition and Contribution of Professor Peck
In 2023/24, Professor Peck became Interim Chair of the Universities and Colleges Admissions Service (UCAS), having been Deputy Chair since 2020. He continued as a member of the Nottingham Growth Board, the D2N2 Local Enterprise Partnership Board, and the Executive Board of the Midlands Engine.
Following his membership of the Post-18 Fees and Funding Review – the Augar Review - between March 2018 and June 2019, in June 2022 the then Higher Education and Further Education Minister announced that the Department for Education had appointed Professor Peck as its first Student Support Champion. In June 2023, as part of this role, he was asked to chair the Ministerial Higher Education Mental Health Implementation Taskforce, initially until June 2024; both roles have been extended to June 2025.
On a personal note, Professor Peck is a Fellow of the Academy of Social Sciences. He was appointed as a Deputy Lieutenant of Nottinghamshire in March 2020 and 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 Outcome Gap between Black and White Students | Red |
| Graduate Outcomes Survey - % of students in highly skilled employment | Red |
| CPD Income relative to KEF Cluster | Amber |
| Citizens’ Advocacy Score | Green |
Financial
| KPI | Status of KPI |
|---|---|
| Net Cash Inflow as a % of total income | Green |
| Debt as a % of total income | Green |
| Liquidity (measured by number of days) | Green |
Organisational Capability
| KPI | Status of KPI |
|---|---|
| Research Income relative to KEF Cluster | Red |
| International Collaboration | Green |
| Diversity in NTU University Leadership Community | Red |
Ways of Working
| KPI | Status of KPI |
|---|---|
| Net Zero Carbon | Red |
| Staff Advocacy | Red |
| Student Digital Skills | Green |
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.
The Vice-Chancellor's salary is reported in the University's financial statements on an annual basis. The financial statements for the financial year 2023/24 will be published online early 2025. However in the interests of transparency and openness, the Vice-Chancellor's salary history from 2014/15 is shown below:
Previous salaries
| Type | 2023/24 | 2022/23 | 2021/22 | 2020/21 | 2019/20 | 2018/19 | 2017/18 | 2016/17 | 2015/16 | 2014/15 |
|---|---|---|---|---|---|---|---|---|---|---|
| Base salary | £321,160 | £294,642 | £276,659 | £272,570 | £272,570 | £267,750 | £262,500 | £250,000 | £242,400 | £240,000 |
| Bonus / performance pay | £29,464 | £35,966 | £27,666 | Nil | £20,081 | £26,250 | £25,000 | £24,240 | £16,000 | Nil |
| Benefits in kind | £1,087 | £607 | £623 | £1,411.91 | £976 | Nil | Nil | Nil | Nil | Nil |
| Employer's pension contribution | £56,069 | £33,589 | £15,447 | £5,451 | £5,497 | £5,623 | £5,513 | £11,875 | £40,400 | £38,400 |
| Payment in lieu of employer's pension contribution | Nil | £31,428 | £44,265 | £43,611 | £43,611 | £42,840 | £39,750 | £33,125 | Nil | Nil |
| TOTAL | £407,780 | £396,232 | £364,660 | £323,043.91 | £342,735 | £342,463 | £332,763 | £319,240 | £298,800 | £278,400 |
Personal expenses
The expenses for the Vice-Chancellor (from 1 August 2014) are shown below:
| Date | Travel | Subsistence | Accommodation | Hospitality | Miscellaneous | TOTAL |
|---|---|---|---|---|---|---|
| 2023/24 | £220.50 | - | - | - | - | £220.50 |
| 2022/23 | £451.45 | - | - | - | - | £451.45 |
| 2021/22 | £205.65 | - | - | - | - | £205.65 |
| 2020/21 | - | - | - | - | - | - |
| 2019/20 | £314.90 | - | - | - | - | £314.90 |
| 2018/19 | £537.45 | - | - | - | - | £537.45 |
| 2017/18 | £772.63 | £26.00 | - | - | - | £798.63 |
| 2016/17 | £321.50 | - | - | - | - | £321.50 |
| 2015/16 | £383.65 | £67.00 | - | - | - | £450.65 |
| 2014/15 | £657.50 | £3.70 | - | £217.22 | - | £878.42 |
Corporate credit card spend relating to the Vice-Chancellor
| Date | Travel | Subsistence | Accommodation | Hospitality | Miscellaneous | TOTAL |
|---|---|---|---|---|---|---|
| 2023/24 | £392.32 | £163.89 | - | - | - | £556.21 |
| 2022/23 | £121.35 | £262.85 | - | - | - | £384.20 |
| 2021/22 | £71.20 | £13.58 | - | - | - | £84.78 |
| 2020/21 | - | - | - | - | - | - |
| 2019/20 | £163.29 | £118.58 | - | - | - | £281.87 |
| 2018/19 | £395.73 | £84.83 | - | £314.57 | - | £795.13 |
| 2017/18 | £369.60 | £58.56 | £227.05 | £565.35 | - | £1,220.56 |
| 2016/17 | £370.56 | £310.27 | - | £771.30 | - | £1,452.13 |
| 2015/16 | £327.30 | £33.48 | £222.99 | £331.60 | £72.50 | £987.87 |
| 2014/15 | £693.74 | £65.00 | - | £724.74 | £108.71 | £1,592.19 |
Travel and similar expenditures incurred by the University on behalf of the Vice-Chancellor in the performance of his duties
| Date | Hotel accommodation | Train fares | Air fares | Economy flights | Business Class flights | Taxi costs |
|---|---|---|---|---|---|---|
| 2023/24 | £2,036.06 | £1445.70 | £9,016.89 | 3 | 2 | - |
| 2022/23 | £1,094.06 | £382.80 | £5,620.76 | - | 2 | - |
| 2021/22 | £120.74 | £961.30 | - | - | - | - |
| 2020/21 | - | - | - | - | - | - |
| 2019/20 | £986.60 | £1,822.30 | £8,586.41 | 2 | 4 | - |
| 2018/19 | £1,259.58 | £3,456.50 | £5,837.11 | - | 2 | £208.60 |
| 2017/18 | £1,191.54 | £3,208.88 | £8,271.70 | - | 4 | - |
| 2016/17 | £2,187.60 | £2,566.49 | £8,035.81 | 2 | 6 | £946.70 |
| 2015/16 | £1,510.78 | £4,026.81 | £10,530.07 | 3 | 4 | - |
| 2014/15 | £740.24 | £3,280.83 | - | - | - | - |