The University of Leicester is committed to transparency with regard to the remuneration of senior staff, including that of the President and Vice-Chancellor, and publishes these annually in the University’s Financial Statements.
Senior salaries are set by the Remuneration Committee comprising independent external members of Council who possess wider commercial and public sector pay knowledge and expertise.
The Vice-Chancellor is not a member of the Remuneration Committee. He does not attend meetings of the Remuneration Committee unless specifically invited to discuss the performance of senior staff.
Professor Nishan Canagarajah, who became President and Vice-Chancellor on 4 November 2019, receives an annual salary of £250,000.
He is a member of the USS pension scheme.
His expenses will be published quarterly.
The University owns Knighton Hall as grace and favour accommodation for the Vice-Chancellor. Professor Canagarajah opted to not move into Knighton Hall, but will instead stay at College Court, the University-owned hotel and conference centre. The University will pay for this accommodation for the first six months, which will be a taxable benefit.
In line with the University’s policy, Professor Canagarajah is entitled to a relocation allowance appropriate to his starting salary.