36 City of Glasgow College Annual Report & Accounts 2019-20
Remuneration and Staff Report
The Remuneration Committee of the Board of Management
has a specific remit relating to senior staff remuneration,
performance, and terms and conditions. This remit applies
to staff at Director level and above, including the Principal.
The Committee also considers related matters such as any
voluntary severance arrangements, ensuring best value for
the College, and full compliance with ministerial guidance.
As with the Performance and Nominations Committee,
this Committee comprises the Conveners of the Board's
Committees. This enables the Committee to demonstrate
efficient and effective use of public funds in the committee's
decisions, to reflect the performance of the organisation and
the requirement for its ongoing financial sustainability.
In line with the Code of Good Governance (2016), all
Committee members have all successfully completed the
mandatory training for remuneration committee members via
the College Development Network.
Following consideration of the Principal's performance
and remuneration review, the Committee applied due
consideration of public sector pay policies, as well
as external factors, in consideration of the Principal's
remuneration. The Committee Convener and Board Chair
reported on meetings and correspondence with the Chair
of the Funding Council, at which the Board's adherence
to the Scottish Government's public sector pay policy was
emphasised. The Principal's salary increase, and that of
other senior staff, was approved on that basis.
The Committee noted that several members of the senior
team left the College over the past 2 years accepting
positions with higher remuneration.
The College has a Remuneration Committee and within
its terms of reference is a responsibility to consider senior
and executive staff pay levels. The Committee has agreed
a process by which these could be benchmarked against
the sector, as well as against equivalent Colleges elsewhere
in the UK. The Committee has agreed an approach with
Colleges Scotland which it was noted would be of benefit
to all colleges in Scotland, as senior staff pay levels were
considered across the sector in future.
Remuneration including salary and pension
The following table provides detail of the remuneration and
pension interests of senior management. The figures have
been audited by Azets Audit Services.