I'm nearing the end of my graduate studies (1-1.5yrs remain) and have been looking out for post-doc opportunities. I came across the Newton Fellowships, which provide funding for up to 2 years of research work at any participating university in the UK.
The fellowship requirements seem very competitive — a full fledged project proposal and multiple independent evaluations of the said proposal, in addition to the usual requirements. However, in the end, the pay is about 24k £. They do have an 8k £ allowance for research related expenses, but that probably is reserved for publication costs, travel, computer equipment and not a personal allowance.
From my research into pay scales in the UK, the lower end of the post-doc pay scale begins at about 28-29k £. More over, there is no cost of living adjustments, so if you're in an expensive place like Oxford or London, it's definitely not sufficient.
This brings me to the question — is the fellowship prestigious enough to warrant the low pay? Does anyone have experience with this fellowship (past fellows)? Are there opportunities to supplement the income? Don't get me wrong here... I'm not in it just for the money. Like every academic, the research topic is more important for me. But at the same time, I do not want to be working for well below what's normal and have to severely pinch pockets to support a family.