Source · Select Committees · Education Committee
Recommendation 11
11
Rejected
As a first step to improve governance, the Government should work with the higher education...
Recommendation
As a first step to improve governance, the Government should work with the higher education sector to implement Sir Philip Augar’s proposal to defer some of the financial pay of senior leadership until their term of office is over, as has occurred in the financial services sector. We may also return to this subject later in the Parliament to ensure that the quality of governance is improving. (Recommendation, Paragraph 87)
Government response summary AI-generated
The government rejects the recommendation to implement deferred pay for senior leadership, stating that the Office for Students already requires robust governance and acknowledges appropriate remuneration should reflect responsibilities and accountability.
Summary of the government's response below — read the verbatim text to verify.
Government Response
Rejected
HM Government · verbatim extract
Rejected
REJECT The Office for Students, as the independent regulator in England, requires providers to demonstrate robust governance and management arrangements under Condition E2, including the ability to identify and manage financial risks. The Government recognises that senior leadership remuneration should reflect the scale and complexity of responsibilities, while ensuring appropriate accountability and a focus on long-term outcomes for students and wider stakeholders.
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