Remuneration Committee

The Remuneration Committee agrees and oversees the annual remuneration process for senior staff.

Membership for 2016/17

 

   

Term of Office
(to 31 July -
unless otherwise stated)

Deputy Pro-Chancellor (Chair) Mr Richard Haywood 2019*
Treasurer (Deputy Chair) Mrs Caragh Merrick 2018**
Pro-Chancellor Mr Ed Smith 2020
Vice-Chancellor and Principal
(or the Vice-Principal in his absence)
Professor Sir David Eastwood  
2 Lay Members of Council

Mr Derrick Andersin

Dame Una O'Brien

2019

2019

* Term of office expires 30 November 2019.
** Term of office expires on 31 August 2018.

 

 

Terms of Reference

i. To agree and oversee the annual remuneration process for senior staff (i.e. grade 10 and above).

ii. To review and agree the University's reward policy for senior staff, designed to support a high performance culture and taking account of pay data, market factors and the financial position of the University.

iii. To review and determine senior staff remuneration.

iv. To review senior staff equal pay issues.

v. To review and determine pay and reward for the Vice-Chancellor's direct reports on UEB; review reports on the Vice-Chancellor's objectives and performance, and review and determine the Vice-Chancellor's remuneration.

vi. To agree severance packages for staff earning in excess of £100k per annum:

- where the severance payment is up to 12 months’ salary (and so within the University’s long-standing arrangements for Voluntary Severance), the payment will be approved by the Chair on behalf of the Committee and reported to the next meeting of the Committee;

- where the severance payment is above 12 months’ salary, the payment will be considered by the Committee, which can be by circulation if the case needs agreement between Committee meetings.

vii. To monitor strategic risks relevant to the work of the Committee as determined by the Strategic Risk Register.

viii. To monitor the extent to which value for money is achieved within the areas under the Committee's oversight.

ix. To monitor relevant Key Performance Targets and to ensure that any concerns with performance against these KPTs are addressed.

Dates of Meetings

The Committee meets annually in September and thereafter as and when required.

Contact Details

Mr Nigel Waugh (Director of HR)
Secretary to Remuneration Committee
Email: hrdirector@contacts.bham.ac.uk
Telephone: +44 (0)121 414 6477