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