12 Million Bonuses for TFL bosses (bailed out by the taxpayer last year)
 

https://www.standard.co.uk/news/lond...s-b966459.html



Transport for London is offering senior executives more than £12 million a year in bonuses if they help it break even, the Standard can reveal.

In a bid to stem staff departures, bosses have ended a year-long freeze on bonus payments that was introduced soon after the start of the pandemic.

TfL is losing a “tsunami of diverse talent” due to the “double whammy” of uncertainty about the organisation’s future funding and the availability of better-paid jobs elsewhere.

As a result, new bonuses will be offered for the current 2021/22 financial year, TfL’s remuneration committee agreed last week.


PS ....Crossrail delayed yet again so will not open in early 2022 ...

i think they are clutching at straws trying to get it back in profit as no bonus will be paid unless they make a profit