STUDENTS FEAR FUTURE AS STIRLING UNI SLASHES OVER 170 EMPLOYEES VOL.56 ISSUE.2
By Alex Paterson Editor-in-Chief
University of Stirling students are fearing the impact of the recent voluntary severance scheme which has seen 175 staff members leave the institution. Over 112 professional services staff and over 63 academics were granted the severance package. The University said the scheme was launched to support their
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“financial stability” as the higher education sector continues to experience uncertainty. However, in the most recent financial accounts dated 2023-2024, the University recorded 5.6 per cent total income growth, turning over £179.2 million with a surplus of almost £7 million. Vice Chancellor Gerry McCormack’s salary also increased again this past year, growing from £414,000 to £438,000.
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In the past two years, his salary has increased by £190,000. This makes him Scotland’s bestpaid higher education chief. Students at the University of Stirling say they find the situation concerning. Ali, a mature Journalism Studies student, said: “There is so much anxiety amongst students about the severance scheme. “Modules are being cancelled, people are losing project or
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dissertation supervisors. It’s really stressful. “On top of that, the staff that are left are seeing their workloads increase massively. It hardly seems fair. “When you look at the numbers, Greedy Gerry could pay the salary of 5 to 6 academic staff or 10 to 12 professional services staff and still be left earning £100,000 per year.
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