Published on Tue, 21/04/2015 - 12:23
In the previous bulletin there was an error in the table under "Description" as the last line read "Dir of Research" (ADR-AS-09-B) and instead should have read "Assistant Director of Research" (ADR-AS-09-B). Please find enclosed an update table below of the rates which were updated in pFACT on Monday 7 March.
| Band | Old bandings (with on costs) | New bandings from 7 March 2011 (with on costs) |
| Lecturer (LEC-AS-09-B) | Spine Point 55 £54,435 | Spine Point 56 £56,130 |
| Senior Lecturer (LEC-AS-10-B) | Spine Point 61 £65,393 | Spine Point 62 £67,416 |
| Professor CB4 banded (PRF-AS-12CB4-B) | Spine Point 89 £152,230 | Spine Point 88 £147,737 |
| Assistant Director of Research (ADR-AS-09-B) | Spine Point 55 £54,435 | Spine Point 56 £56,130 |
The rationale for the new rates is that TRAC (Transparent Approach to Costing) methodology requires that the Banded rates be reviewed every three years. When the exercise to review the rates was undertaken, only four grades required changing and these are listed in the above table. If you have any queries regarding this, please contact your School team at the Research Office http://www.admin.cam.ac.uk/offices/research/contact/List.aspx or the pFACT helpdesk at pFACT.helpdesk@admin.cam.ac.uk, tel 01223 765432.