The full policy can be found in Ordinance 22
Distribution of Residual Income to Staff
The current thresholds for the distribution of total residual income to staff from a given piece of IP are as follows:
Residual income up to the first £3K*
- 100% to staff team
Residual income between £3K* and £10K*
- 75% to staff team
- 25% to Department
Remainder of residual income (after the first £10K*)
- 14% to University
- 20% to Faculty
- 33% to Department
- 33% to staff team