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Finance record 2017/18 - Table 13: Severance payments

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Version 1.0 Produced 2018-09-13

To complete this table, providers should refer to their relevant funding body's Accounts direction through the below links:

  • Office for Students - Accounts direction
  • HEFCW - Accounts direction
  • Scottish Funding Council - Accounts direction
  • DfENI - Providers can request a copy directly from DfENI
  • Table 13 provides information on compensation for loss of office paid to particular members of staff.

    The members of staff applicable will vary dependent on the country of provider. English providers should provide the compensation for loss of office paid to all staff. Northern Irish, Scottish and Welsh providers should only state compensation paid to staff earning £100,000 or more and, for Scottish institutions, any severance packages over £100,000. All countries should state compensation for loss of office paid to the head of provider.

    Providers should provide figures on loss of office paid at the provider, and in a separate row at any of the provider's parent or subsidiary undertakings or any office(s) connected to the provider's affairs. Providers should state the total amount of compensation paid, and the number of people to whom this was paid.

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