"It is right to expect that the process for determining pay for senior university staff is rigorous and transparent. As universities receive funding from taxpayers and through student fees, it is reasonable to expect pay decisions to be fair, accountable and justified.
"In today's meeting with the Universities Minister, we made clear our support for the efforts being made to ensure full transparency and accountability regarding levels of senior staff pay. The Committee for University Chairs (CUC) will publish a fair remuneration code for consultation in January. It is a welcome step that will provide guidance for university remuneration committees, whilst recognising that competitive pay is necessary to attract first rate leaders and academics in a global market for talent."
"Amidst this debate on senior pay, we should not lose sight of the deep, broad and positive impact of universities. From the significant impact universities have on the economy and jobs, to the transformative effect they have on people's lives and local communities."