City to boost pay to lure the best

March 9, 2001

The new dean of City University's business school plans to increase pay offers to academics in a bid to attract quality staff.

David Currie said: "We will have to enhance the remuneration package we offer to academics."

He intends to hire new staff, but said that the market was growing increasingly competitive.

"If we were to stand still on salaries, we would suffer very considerable attrition over time; the market has got more competitive," he said, adding that a new financial PhD could command a starting salary of £75,000 at some business schools. "We are not going to be moving to that level very quickly, but we have got to make moves to attract the better-quality people."

He also said the school would benefit if the government loosened its hold on undergraduate fees. He said the business school would be likely to increase its fees to invest in its product.

You've reached your article limit.

Register to continue

Registration is free and only takes a moment. Once registered you can read a total of 3 articles each month, plus:

  • Sign up for the editor's highlights
  • Receive World University Rankings news first
  • Get job alerts, shortlist jobs and save job searches
  • Participate in reader discussions and post comments
Register

Have your say

Log in or register to post comments