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Redundancy Payments (Read 6048 times)
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Redundancy Payments
Apr 17th, 2012, 7:54am
 
BBC redundancy payments cost almost £277m in seven years

"Nearly 6,000 staff received average of £46,200 from March 2005 to February 2012, with highest individual payout £949,000"


More from "The Guardian" here.
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Re: Redundancy Payments
Reply #1 - Apr 17th, 2012, 9:03am
 
Good grief!...I calculate that even if this individual only got a 2% return if he stuffed this into some sort of savings account--he would get another 20k a year.
But-then--we must not forget that the recipient is also due a BBC pension-which based on the redundancy pay-out figure-is likely to be more than 600k!
Some might think this a disgrace--others that it is just plain unfair and most certainly grossly unrealistic
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Re: Redundancy Payments
Reply #2 - Apr 17th, 2012, 10:24am
 
My ghast is totally flabbered!!!!
Just who "deserves" a payout of £949K when made redundant???
It makes one wonder what sort of salary must they have been earning to start with! [Might it have been G.Dyke, I wonder? Was his exit before 2005? Perhaps John Tusa?]
But if they were on an 'enormous' salary, as their redundancy figure implies, I guess their 7.5% contribution to the Pension fund must surely have been enough to pay for one or two of us each month! Yet if they weren't long in the job, wouldn't their BBC Pension be quite heavily discounted? Besides, their Redundancy package surely wouldn't have been financed from the Pension fund, would it?

No matter: at the end of the day I fear that it's the reputation of our beloved 'Auntie' that will be dragged down to "Banker" level when this sort of detail is aired to the public!

To me, the reputation of the BBC is not based on whether the organisation is 'well managed': it is based on the quality of the output - and that's been driven by the skills of the staff, generally 'low-level workers' who persevere to overcome the odds, and make good programmes. There are exceptions of course - Bill Cotton and the like - but since the likes of Birt [spit!] the corporation has rather lost its true Reithian direction. We've already had the "Feel the width" debate - which has given us BBCs Three and Four (along with CBeebies and other assorted pap) - surely it's time to get back to "Feel the Quality" aspect now that we have a fairly decent delivery medium (digital artifacts excepted, of course!).

And, as a slight aside, I personally think they should stop 'apologising' for "BBC One HD" - by reversing the Station IDs where the HD gets removed from the BBC One logo: surely they should make the HD appear - to point out that the service is changing, and improved when people see it that way.
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Re: Redundancy Payments
Reply #3 - Apr 19th, 2012, 9:07pm
 
Standby for your Flabber to be Ghast evenmore!

I see that the one who "deserves"  the payout of £949k was apparently non other than "Deputy" DG  M Byford Esq.

According to the BBC the payment was "Compensation" for "Loss of Office"

It is stunning isn't it...the arrogance of the BBC (Todays BBC) thinking people will swallow this guff, and his for accepting it.
If it were us would we be able to sleep knowing we walked away with a million almost...Then again I suppose we could look at it, that if the BBC was fool enough to pay it... why shouldn't I take it.

I also see that Mark Thompson has stated that he is "Psychologically" prepared to leave the BBC.

Funny how under M Checkland in 1988 (Blackspot) I wasn't asked if I was Psychologically prepared for redundancy....

Even more funny, I relocated myself (at no expense to the BBC) to the NW.....maybe I should have been in top management with thoughts like that so long ago!

Maybe I was the BBC's first "Bluesky" thinker....followed by J Birt sitting on his backbench.

Borrowing a film title.
I think if I were still in the BBC I would be "Looking Forward in Anger" vis a vie Pensions and stories such as above.

Whereas where I am now, the last thing I would do is "Look back in Anger" at my career.

I having spoken to many of my peers I have'nt  heard any of  them say "I wish I was still there".
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