Socialist Worker

Train bosses still get payouts

Issue No. 2289

Train bosses were forced into a climbdown last week when it was revealed they were poised to get six-figure bonus payments.

Network Rail boss Sir David Higgins “waived” a £340,000 bonus—but he already gets £560,000 basic salary.

And it has now been revealed that Higgins and his five co-directors are in line to get 500 percent of their pay in “performance-related incentives” over the next five years.


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News
Tue 7 Feb 2012, 18:06 GMT
Issue No. 2289
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