Hartpury Annual Report July 2025

Hartpury University Annual Report and Financial Statements > 2024/2025

Notes to the Financial Statements (continued) Year Ended 31 July 2025

Key management personnel emoluments are made up as follows:

2025 £

2024 £

734,468

Salaries

627,386

3,535

Benefits in kind

22,383

738,003

649,769

194,656

Pension contributions

152,948

Total emoluments

932,659

802,717

There were no amounts due to key management personnel that were waived during the year, nor were there any salary sacrifice arrangements in place. The above emoluments include amounts payable to the Accountable Officer (who is also the highest-paid officer) as follows:

2025 £

2024 £

194,433

Salaries - Professor A Collop

190,000

2,666

Benefits in kind

19,862

197,099

209,862

55,763

Pension contributions

48,159

252,862

258,021

The pension contributions in respect of the Accountable Officer and senior post holders relate to employer contributions to the Teachers’ Pension Scheme or the Local Government Pension Scheme and are paid at the same rates as for other employees.

The governing body adopted the Committee of University Chairs (CUC) Higher Education Senior Staff Remuneration Code (June 2018) in July 2019 and assesses pay in line with its principles.

The remuneration package of the Vice-Chancellor, Executive Principal and Chief Executive is subject to annual review by the Remuneration and Employment Committee of the governing body, which uses benchmarking information to provide objective guidance. This includes consideration of the Association of Colleges Senior Pay Survey, which enables comparison with land-based colleges and the wider further education sector by income, region and institutional structure (with salaries banded into quartiles). The Committee also considers salary scales and pay levels across the wider institution, individual and institutional performance, and, since gaining university status, available Vice Chancellor remuneration data. The Vice-Chancellor, Executive Principal and Chief Executive reports to the Chair of Governors, who undertakes an annual review of performance against Hartpury’s overall objectives using both qualitative and quantitative measures. This performance, together with achievement of the University’s financial plan, forms a key part of the assessment of remuneration for senior staff. The organisation’s structure increased in complexity following the transition to university status, while continuing to operate a further education college as a subsidiary company limited by guarantee and meeting the regulatory requirements of both the higher education and further education sectors. Hartpury is committed to ensuring parity of esteem for both further and higher education. The institution continues to work consistently and effectively towards its mission to be a specialist provider delivering relevant, effective and high-quality education and training for employment in the sport, equine, animal and agricultural industries locally, regionally, nationally and internationally, while managing recruitment to balance the needs of these markets.

The Vice-Chancellor, Executive Principal and Chief Executive has held the role since 1 September 2022.

During 2024/25, the head of the provider’s basic salary was 5.95 times (2024: 7.22 times) the median pay of staff, where median pay is calculated on a full-time equivalent basis for salaries paid by the provider to its staff.

The head of the provider’s total remuneration was 7.74 times (2024: 7.97 times) the median total remuneration of staff, where median total remuneration is calculated on a full-time equivalent basis for total remuneration paid by the provider to its staff.

The pay multiple has been calculated in accordance with paragraph 12.d of the Accounts Direction issued by the Office for Students (OfS).

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