8.8 Remuneration Executive Board

Effective January 1, 2015, the Senior Executives in the Public and Semi-Public Sector (Standards for Remuneration) Act (WNT). This sets a ceiling for the remuneration of high-level officials in the public or semi-public sector based on sector standards or graduated scales. From January 1, 2016, these standards also apply to the university education.

The Ministry of Education, Culture and Science uses a system of remuneration classes for the WNT based on complexity points for the remuneration maximum of high-level officials. In 2022, Tilburg University falls into class G with 18 complexity points (revenues 10, funded students 3, and weighted education sectors 5). The WNT remuneration maximum for class G is €216,000 in case of full-time employment for the entire year.

The remuneration policy for Executive Board members is set by the Board of Governors. The salary is derived from the maximum of salary scale 18 according to the CLA of Dutch Universities and includes a director's allowance. The holiday allowance is 8% and the year-end bonus 8.3%. Executive Board members do not receive bonuses, gratifications, and other performance-related remuneration. The General Pension Fund for Public Employees (ABP) applies.

The amounts in Table 8.9 are based on the remuneration components in accordance with the WNT regulation of the Ministry of the Interior and Kingdom Relations. A specification is included in Part 2: Financial Statements Chapter 9. Explanatory notes on the separate items of the consolidated statement of revenues and charges.

Table 8.9 Remuneration of the Executive Board (in €)