Coining it
Nov 26, 2011
Bishop Hill in Climate: CRU

Email 3989 covers a consultancy tender by CRU staff. The tender is for AEA, an environmental consultancy.

We learn that the day rates are as follows:

>> Phil: £750
>> Tim, Rachel, Anthony, Aldina, William, Clare: £550
>> Maureen: £450

And what will happen to this money?

[School of Environment] will top slice the total cost by 10% and there is a 15% management fee so basically you will have a choice to make regarding the remainder (75%) you can either take this personally via payroll or choose to 'gift' some or all of it into a school consultancy income account where it can be used for travel, equipment, etc.

If you wanted to maximise the amount that you receive you could ask Jim to increase the UEA daily rates he has given by 25% to cover this.

There is some further discussion later in the thread

Overall, it seems that [???] will need to tell the university whether or not we want to take the money as salary or not.

To which someone replies:

No we don't, you don't decide what to do with the money until it's payout time...there are a number of options - take as (non-pensionable) bonus, donate to school pot or, if you can get it past finance you can try and charge yourself as a direct cost (to Tyndall/CRU or whatever)  and attempt to get the money transferred....if you're lucky enough to be a  Prof - Phil might have one - you can transfer to that via the school - Jacquie B and me have talked about this in the past - lots of options but  all have got ages to decide and each individual can choose what to do.

Lucky old them.

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