Posts Tagged ‘bonuses’

Stop the Bonus Payments to BW Directors

Friday, September 23rd, 2011

A petition here;

No bonuses for British Waterways directors

Responsible department: Department for Environment, Food and Rural Affairs

British Waterways employees were denied a pay rise last year due to ‘lack of funds’. This year some staff were awarded a £200 PA rise and were told that there was no more money to offer.

It was recently announced that as there would be a 9 Million Pound defecit at the end of this financial year

The Directors of British Waterways will be paid lump sum bonuses of up to £15,000 this year. The Chief Executive (Robin Evans) will get a £15,000 payment on top of his annual wage of £222,000. Other Directors will all receive a £12,500 lump sum payment.

The bonuses equate to one third of the whole pay pot for 0.5% of BW staff compared to two thirds of the pot being shared between 99.5% of the staff.

The signatories of this petition believe that the government should intervene and stop these bonus payments and the money should be spent on waterway maintenance instead.