Forum for former BBC staff

Forum for former BBC staff
http://www.ex-bbc.net/cgi-bin/yabb/YaBB.pl >> News and Comment >> "The Going Rate" http://www.ex-bbc.net/cgi-bin/yabb/YaBB.pl?num=1400148689 Message started by Administrator on May 15^th, 2014, 10:12am

Title: "The Going Rate"
Post by Administrator on May 15^th, 2014, 10:12am

According to Mark Sweney's report in "The Guardian", almost a quarter of investors failed to support broadcaster's remuneration report and £8.4m payout to Adam Crozier, The boss of ITV.

"It is understood that 99% of shareholders voted to accept a new remuneration policy – and 95% voted to accept a new long term incentive policy – which will significantly increase how much Crozier might receive in bonuses and share awards.

The new scheme will see Crozier's maximum bonus increase from 180% to 200% of his £900,000 salary, and his long-term incentive plan maximum rise from 225% to 350% of salary."

Meanwhile, the same newspaper reports that "(BBC) Staff earning less than £50,000 with be given a 1% rise, tied to a minimum of £390, with no increase for anyone earning more than that, including senior management."

The report, by John Plunkett, is here.

Title: Re: "The Going Rate"
Post by Dickie Mint on May 15^th, 2014, 7:19pm

Mmmmm. According to Inside the BBC Tony Hall gets (or got) £450,000 full stop.

Title: Re: "The Going Rate"
Post by EyeTunes on May 19^th, 2014, 8:23am

Aha-light fuse and retire--expect industrial (in)action at the World Cup and Wimbledon? No--too much "overtime" lost m'thinks
It'll be the good old BBC News off the air again...