Today, the Australian reported that Bill Shorten will receive a "shocking" remuneration package of $860k in his new job as VC at the Uni of Canberra. Our research found that the VCs of leading unis in Australia receive on average nearly $1.3 million each year in remuneration. Is this fair? - ThreadSky

australiainstitute.org.au • 25 days ago

Today, the Australian reported that Bill Shorten will receive a "shocking" remuneration package of $860k in his new job as VC at the Uni of Canberra.

Our research found that the VCs of leading unis in Australia receive on average nearly $1.3 million each year in remuneration.

Is this fair?

Comments

1717pete.bsky.social•24 days ago

That is obscene, nobody should get $860,000 as a wage.

cheezely85.bsky.social•25 days ago

It’s a shit uni - how the fuck do they have $860K to pay their VC?!

johannjonsson.bsky.social•23 days ago

You know the answer already

peterrelph.bsky.social•25 days ago

So, I suggest stopping reading & reporting the fucking Australian

They have enough propagandists already.

Whilst we are there, maybe consider no longer accepting Neoliberal dogma too, if it were possible

#auspol

cameronphilips.bsky.social•24 days ago

Are you suggesting that Bill got a raw deal?

emm20244.bsky.social•24 days ago

In the meantime, Au Uni's are struggling to function under increasing levels of debt. WTF do we agree to this?

brentzack.bsky.social•25 days ago

Weird to compare their salaries to 1985.

fierceweebadger.bsky.social•25 days ago

Depends on what they actually deliver but…by that metric ABSOLUTELY FRICKIN NOT.

wadehowland.bsky.social•25 days ago

I think of this every week or two when my old uni emails me looking for financial support to pave a walkway or build a hall or whatever. Nope, you can afford it

kbaguley.bsky.social•25 days ago

Of course the Australian would cry out about what Bill Shorten will earn...but stay silent about Julie Bishop's salary.
And ...now I see Jacqui Lambie is starting a crusade about limiting
salaries of VCs.

poverty.pro•25 days ago

Maybe $86k...

tombb.bsky.social•20 days ago

Well, I for one welcome our new AI masters ...

leighhahn.bsky.social•25 days ago

Could you add another bar to the Chart please?
Vice-Chancellors vs. NewsCorp Executives.
It may indeed be ‘shocking’!

urbanmyf.bsky.social•25 days ago

Course it's not fair, but neither are the million dollar salaries of CEOs of charities and other businesses that pay low wages.

coffeeslot.bsky.social•25 days ago

Executive wages across Australia are a sick joke, can hire someone with a PhD to do actual work for a tenth of the price

itsmiriam.bsky.social•25 days ago

Quite a huge package whilst academics and lecturers are paid so little, working full time and still unable to afford a mortgage.

We should be focusing on the stock portfolio’s of politicians and their relationship to billionaire government lobbying.

#university #academics #auspol

danielbest.bsky.social•25 days ago

Don't even get started on academic books. They sell for hundreds, yet pay their writers absolutely nothing. It's a great rort really.

itsmiriam.bsky.social•25 days ago

Agreed, completely unfair.

jessicafox99.bsky.social•25 days ago

He fucked over disabled Australians and then bailed leaving us all to deal with the carnage. Good luck uni of Canberra

iansloan.bsky.social•25 days ago

The remuneration exceeds the value a person could realistically provide to a university that someone earning a third of that could not be equally capable of.

valentenya.bsky.social•24 days ago

Nothing about any of this is fair.

dylangriff10.bsky.social•25 days ago

Shorten asked for a lower salary than his predecessor as the Australian will well known.

janeoakley.bsky.social•25 days ago

Big whoop

australiainstitute.org.au•25 days ago

Yes indeed - it is worth noting and was included in the article.

fleursummers.bsky.social•25 days ago

And the median wage in Australia is $65k. If you’re earning that and have a higher education debt, you’ll be paying 2% of your income to the tax office.

starshark.bsky.social•25 days ago

Not sure. How much does your boss get paid?

timsbiker.bsky.social•25 days ago

Like a lot of exec's, vastly over paid and out of touch

kevincousins.bsky.social•24 days ago

Disgusting, the Vice Chancellor contributes nothing to a University but "vibes", most are washed up end of career has beens (or never wases) and I wonder how many PhD students, undergrads and lecturers might better use that money. at least Bill Shorten was embarrassed.

kinjkinjkinj.bsky.social•25 days ago

My understanding is that Bill S refused a much higher remuneration offer.

janeoakley.bsky.social•25 days ago

So he settled on $860k. How kind of him

kinjkinjkinj.bsky.social•25 days ago

I'd do it for half that, but I wasn't asked.

bopeep99999.bsky.social•24 days ago

I'll do it for a quarter...

(Jane won't be happy until Bill's paying to work there)

evypg.bsky.social•25 days ago

I can't recall where I read it, but he was offered more money and declined that amount for a lessor amount. He thought the original amount was too much.
Correct me if I'm wrong.

rchirgwin.bsky.social•25 days ago

Pay walled, but here from November:
https://www.canberratimes.com.au/story/8820677/bill-shorten-to-earn-less-as-university-of-canberra-vice-chancellor/

evypg.bsky.social•25 days ago

Thankyou. I knew I had read it somewhere. Probably on here, bluesky. 🙂

tonebuddha.bsky.social•25 days ago

Be interesting to compare the salaries of other ex pollies

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