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"The Going Rate" (Read 3918 times)
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"The Going Rate"
May 15th, 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.
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« Last Edit: May 15th, 2014, 3:00pm by Administrator »  

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Dickie Mint
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Re: "The Going Rate"
Reply #1 - May 15th, 2014, 7:19pm
 
Mmmmm.  According to Inside the BBC  Tony Hall gets (or got) £450,000 full stop.
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Richard
 
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Re: "The Going Rate"
Reply #2 - May 19th, 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...
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Mr Playlist
 
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