Posts Tagged ‘director’s 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.

Director’s bonuses, result

Thursday, November 12th, 2009

Earlier in the year, a number of Freedom of Information Act requests resulted in a lot of questions about dubious practice in the matter of British Waterway’s Directors’ bonuses, something that is heavily dependent of the meeting of targets but also keeping their customers sweet.

Read more…