Newspaper article The Evening Standard (London, England)

379 TfL Executives Paid More Than [Pounds Sterling]100,000

Newspaper article The Evening Standard (London, England)

379 TfL Executives Paid More Than [Pounds Sterling]100,000

Article excerpt

Byline: Ross Lydall Chief News Correspondent

THE number of Transport for London staff earning more than [pounds sterling]100,000 has soared by 50 per cent in a year.

TfL's annual accounts, published today as delays hit the Metropolitan line and after another weekend of Tube closures, showed the number of sixfigure earners had rocketed from 251 to 379.

TfL says the soaring executive pay bill is a result of its takeover of failed maintenance firm Tube Lines and a 35 per cent jump in [pounds sterling]100,000-plus salaries at Crossrail, where departing chief executive Rob Holden has earned about [pounds sterling]1.7 million in two years.

But the payments cover a year when passengers spent almost three working days stuck on delayed Tubes and in which performance on eight of the 11 lines got worse.

Of the 379 staff on six-figure salaries, 68 worked for Tube Lines -- 37 have since quit -- and 31 for Crossrail. A further 84 staff saw their salaries top [pounds sterling]100,000 as a result of "golden goodbyes", with one boss, Crossrail implementation director David Bennett, receiving [pounds sterling]215,000 compensation for losing his job.

Within "core" TfL, the part that runs the Tube, buses and congestion charge, the number of six-figure earners in 2010/11 increased by two to 196.

TfL today pointed to a series of achievements to justify its executive pay, including the highest-ever number of passengers on buses and the Tube (2,289 million and 1,107 million journeys respectively), the opening of the East London line extension and the launch of the Mayor's "Boris bikes".

In addition, the western extension of the congestion charge has been axed, a C-charge "auto pay" system has been launched to prevent drivers being fined and the first air-conditioned Tubes have been introduced on the Metropolitan line, with the Circle, District and Hammersmith and City to follow.

TfL said it had already identified [pounds sterling]4. …

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