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► Executive Renumeration Policy
EXECUTIVE OFFICER REMUNERATION POLICY
This union notes that:
- Between 2003/04 and 2005/06 DSU’s block grant was frozen;
- During 2004/05, financial pressures led DSU Executive Officers to draw only £12,592 of their £13,536 remuneration;
- In 2005, financial pressures further led DSU Executive Officers to formally reduce Executive remuneration for 2005/06 from £13,536 to £11,812;
- During 2006/07, DSU’s block grant increased by 9% and a further 6% increase was confirmed for 2007/08
- DSU Executive Officers currently receive £13,368. This is less than their predecessors were remunerated in 2004/05;
- The block grant increase for 2007/08 was confirmed after the last Governing Council Meeting for 2006/07;
- The financial pressures which prompted the original reduction in Executive salaries are no longer being experienced by DSU;
- For various reasons, executive officers are usually remunerated below the market rate for the tasks they perform.
This union believes that:
- Executive Officer remuneration for the academic year 2008/09 should be increased;
- Remuneration Levels for 2008/09 should be comparable in real terms with 2003/04 remuneration levels;
- For various reasons, executive officers should be remunerated below the market rate for the tasks they perform.
This union instructs that:
- DSU Executive remuneration should increased from point 5 on the NFA scale, currently £13,368, to point 7 on the NFA scale, currently £14,491 with effect from July 1st 2008.
- Cost of living increases should be applied to these scale points in accordance with the National Framework Agreement for Higher Education.
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We don't want to be over confident but we're pretty sure that #dsufresh10 is going to be awesome! Look out for info on here and on Facebook (demontfortsu)
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