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Online time recording (TRAC)

Overview

Transparent Approach to Costing (TRAC)

TRAC is the acronym used for the Transparent Approach to Costing. This is an initiative implemented by the government to enable Universities to manage on a more financially sustainable basis.

TRAC was introduced after the 1999 Comprehensive Spending Review (CSR) offered £1.5bn of additional funding for Higher Education in exchange for greater openness about expenditure.

TRAC - Time Allocation Survey

Staff costs are the single largest element of a University's costs, so how we allocate these costs in the annual TRAC exercise has a significant impact on the TRAC results and also on our indirect cost rate and estates rates used for reporting.

One of the key elements of the TRAC process is to collect the time spent on core activities by Academic Staff. This process is known as the Time Allocation Survey.

IT Services support an online tool for recording time spent by academic staff on core activities. This information is used as part of the annual aggregate TRAC return to HEFCE who estimate the full economic costs of teaching and research and the degree to which the sector is sustainable.

Available to: Staff

Getting Started

Go to TRAC More Information