A voluntary code has been introduced by the University Chancellor’s Council (UCC) with the purpose of increasing the transparency of remuneration received by university senior executives. The Australian Universities Vice-Chancellor and Senior Staff Remuneration Code (pdf) will require senior university staff to report all remuneration to the UCC, including incentives and bonuses. “Our Remuneration Code seeks to ensure that the senior executive remuneration at Australian universities is competitive, appropriate and transparent, so that it is understood and supported by the sector’s stakeholders, and the community more broadly,” UCC convenor Stephen Gerlach said in a statement. Gerlach, who is also chancellor of Flinders University in South Australia, said it was necessary to implement the code to give the community greater transparency and explain why university salaries are where they are. “Part of this whole code is for UCC to have produced comparative information that can help universities where their own practices …