Other financial statements: Senior staff pay
Changes to regulation mean that the latest finance data differs in several respects from previous years' data. Expand this box for more information.
HESA has collected and published financial statements data and associated analysis for the UK HE sector for over twenty years. During this time, HE financial data was relatively homogeneous in many respects, with financial years naturally following the pattern of the academic year. Changes to the regulation of HE in England have seen a broadening and diversification of HE provider types, and consequently a re-evaluation of appropriate collection and publication strategies.
From 2018/19 the Office for Students (OfS) has been collecting financial data from HE providers in England, including alternative providers (APs) for the first time. Note that the OfS do not collect data from further education colleges and sixth form colleges under the primary regulation of the Education and Skills Funding Agency (ESFA). The data collected by the OfS has been ingested by HESA and integrated with the data for HE providers in Wales, Scotland and Northern Ireland. The latest available data covers HE providers with a financial year end between 1 January and 31 July 2019. All tables contain a filter to allow for analysis by month of financial year end.
Note that some APs have financial reporting year ends between 1 August and 31 December 2019. Due to the start point of the new OfS data collection cycle, and HESA’s reporting year, data for these providers will be made available as part of a forthcoming release of data, covering all financial year ends falling within the 2019/20 HESA reporting year.
Accounts directions from the Office for Students, the Higher Education Funding Council for Wales, the Scottish Funding Council and the Department for the Economy (NI) require HE providers to publish details of senior staff pay as part of their annual statements. This information was included in the HESA Finance record for the first time in 2017/18.
This table shows the salary and benefits paid to the heads of provider in each year. Total remuneration is shown as the sum of salary and all benefits. Where the head of provider has changed during the year there is a total remuneration figure for each head that was in post during that year.
This table shows staff costs broken down by salary, pension, and other costs. Data on the remuneration of higher paid staff records the number of staff paid over £100,000 p.a. during the reporting year.
This information is collected differently for the different UK administrations: Data is not required by the funding and regulatory bodies in Scotland and is therefore not collected by HESA. Data for England is returned as full-time equivalent (FTE). Data for Wales and Northern Ireland is returned as a headcount of staff. HE providers are required to submit data in salary bands, but this data is aggregated in HESA published statistics to reduce the risk of identifying individual personal data.
This table shows the total amounts paid in compensation for loss of office, and the number of people to whom this was paid. Where compensation for loss of office is paid to the head of provider this is shown separately.
For HE providers in England data for the whole provider includes the head of provider. For HE providers in Wales, Scotland and Northern Ireland compensation payments are only shown for staff earning over £100,000 p.a., but exclude the head of provider.
HE Provider Data: Finance pages
- What is the income of HE providers?
- What is the expenditure of HE providers?
- Other financial statements
- Key Financial Indicators (KFI)
- Contents of releases
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