Global Reach, Local Impact Central to the Region’S Vitality and Growth a University at the Heart of Its Community

Global reach, local impact central to the region’s vitality and growth A university at the heart of its community The fortunes of the University of Reading There are also many tangible benefits which flow and the wider region are inextricably linked. from the University’s roots in the community but The University is proud to be part of its local which are less measurable in economic terms. The community, contributing to its economic University trains the region’s teachers and mental prosperity and general wellbeing. We also benefit health professionals, runs museums, maintains green from an excellent infrastructure and draw heavily space, and provides sports facilities and public events from the highly talented people who live and work for the community. Equally importantly, our staff and in Reading, Berkshire and the Thames Valley. students are at the heart of the community, making a profound contribution to the quality of life locally. This report highlights the range and diversity of the University’s interaction with the region. It describes Reading, Berkshire and the surrounding areas vividly the tangible, and less tangible, contribution are vital to the University’s success. We benefit hugely the University makes through its staff and students. from being at the heart of one of Europe’s most dynamic economic areas, where much of our research The University of Reading is ranked in the top 1% of the expertise can be married to business and commercial world’s universities. It is renowned for the powerful priorities. Much of what we do, of course, has huge impact of its research in areas of global importance impact at a national and international level but it is such as climate change, food security and health. close to home where the most concentrated benefits We work closely with businesses, governments and of the University are felt and we are proud to be one a wide range of other partners and funders to share of the key anchor institutions for the region. For that the outputs of this research so that, together, we reason, we remain committed to playing a central provide practical solutions to real-world problems. part in the region’s continuing growth and vitality As one of the major employers in the area, the now and in the future. University attracts highly-skilled staff from all over the world. We recruit students, from home and abroad, with great potential and bright futures to our campuses. Many of our students make a major contribution to the community while they are studying here. A significant proportion stay on in the region after graduation, contributing to the area’s continuing success. Sir David Bell KCB Vice-Chancellor The University makes an annual contribution in excess of £650 million to the local economy. Our own direct expenditure, including many contracts with local suppliers, is crucial as is the knock-on spending of staff and students locally. Global reach, local impact ‘We’re committed to playing a central part in the region’s continuing growth and vitality now and in the future.’ The scale of our impact 2010–11 4 A major employer 6 Active contributors to the community 8 Training the region’s teachers 11 An enterprising university 12 A community resource 14 Working in partnership 16 Bringing business to the region 17 A global flagship 18 A clinical resource for the community 20 A green University 21 At home in the Thames Valley 22 The role of higher education 23 3 £650million the amount the University of Reading contributes to the local economy each year. That’s £1.75million for every day of the year. Methodology explained The methodology used to calculate the University’s universities or their graduates. The headline figure of £650 Skills Student Income and Expenditure Survey) which averages economic impact is based on Universities UK model – million equates to the University’s expenditure aggregated £6,496 annual spend per student (food, entertainment etc) The Impact of Universities in the UK Economy, 2009. This to the additional output generated by this spend through and an additional £3,475 per year on rent in the private national model considered key economic features of UK secondary or knock-on multiplier effects, calculated to be accommodation market. higher education and those aspects of its contribution that £1.38 million for every £1 million of University output. In Figures based on financial data in University of Reading can be easily measured. It does not include any assessment addition, the model calculates the impact of student spend Financial Statements 2010 –11. of the value of universities’ collaboration with business off campus using the Government’s data on student income or the impact of new ideas or research generated by and expenditure (Department for Innovation, Business and 4 The scale of our impact 2010–11 Global reach, local impact £86 million The University’s £60 total capital spend annually. £93 million million Annual value of University contracts The amount that with local suppliers. our students spend off campus locally each year. £2 million Annual spend on continuing professional development £58 million courses for business and the Income from direct local community. Government funding £715,000 (approximately The University’s Annual total of one quarter of total annual council tax £26 international annual income). contributions. million student fees. £47 £34 £131 million million Annual funding from HEFCE. Annual research million £35 income. million The University’s annual spend on staff salaries. Annual student spend on local housing. £221 million £219 The University’s annual income. million The University’s annual expenditure. 5 Global reach, local impact Ian May Head of Building Maintenance Reading born and bred, Ian has worked for the contributed 16 years’ service to Radstock Primary University in a variety of roles for 22 years having School as a governor. Along with other university initially joined as a fitter. He now manages a team of colleagues who play their part in local schools, he plumbers, fitters, electricians, carpenters, painters, brings his work experience to bear for the benefit of contractors and support staff to keep the University’s schools he is involved with in areas such as building buildings operating smoothly. management, health and safety and personnel. The University supports this dedication by providing Ian Outside work, local schools have been the centre of with time off to undertake these voluntary roles. Ian’s life. As a Lower Earley resident, his three children Ian has also given 25 years of service to the Scouting have been through Maiden Erlegh School, where he movement locally, coaches Laurel Park FC under-17s has been a governor for over a decade. He has also and still finds time for family and Reading FC. 6 A major employer Global reach, local impact 3700 people employed by the University in a wide range of full-time and part-time roles One of the University’s most Key facts important roles locally is as a major employer. The University • The University employs 3,700 people • For every 100 full-time jobs attracts highly-skilled people in a wide range of full-time and part- created in universities, more to the region and provides time roles. than 100 full-time equivalent jobs employment in occupations • Along with local authorities are generated elsewhere in across the entire skills spectrum. and the NHS Foundation Trust, the the economy. Academic staff make up around 50% of University is the largest employer in • The equivalent of almost 4,000 jobs University staff, while many other staff the area. have been created in the local area are employed to keep the institution • The University spends £131 million as a direct result of the University’s running smoothly, from cleaners to on staff salaries a year. expenditure. technicians, careers advisers to librarians • 75% of University staff live within 10 • The University offers highly or chefs to administrators. The breadth miles of their place of work and 33% competitive salaries, which in turn of employment offered by the University live within 2 miles. increases the spending power of our makes our impact on the jobs market a staff. The average academic salary at very positive one. the University is £46,185. Over 50% of the University’s staff live within a five mile radius of one of the University’s campuses (75% within 10 miles), playing a significant role in the local community and making a substantial contribution to the local economy. Employing Professors Personnel officers Receptionists Designers Maintenance Student operatives recruitment staff Lab technicians Planning officers Telephonists Sports and leisure staff Cleaners Exams staff Building Marketing and Chefs managers communications Printers Catering Accounts staff Gardeners staff assistants IT staff Wardens Statisticians Plumbers Fundraisers Security staff Medical staff Researchers Senior managers Electricians Lecturers Environmental staff Student Retail staff Construction trades welfare workers Librarians Porters Drivers Fitters Careers advisers Admin staff 7 ActiveGlobal reach, local impact contributors to the community 19000 Reading graduates currently living in RG postcodes They spend an average of £6,496 a year off campus in the local area and spend an average of £3,475 a year on housing. Many of them make positive contributions to the communities they live in through volunteering in local schools, running Brownie groups, working in community gardens or running charity appeals. With a constant student population of around 17,000, 7,000 of whom graduate Once they graduate, a fifth of our alumni every year and over 180,000 alumni stay on in the area, bringing new skills to since its foundation, the University of the regional economy and often playing Reading is a key source of human capital leading roles in business, the public sector in the region.

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