Wednesday, June 02, 2004

Trebles all round

Amused to see that Network Rail bosses have taken their respective bonuses despite the company failing to meet its targets for train punctuality. Apparently it's okay because the company (or public corporation or whatever it is) met its financial targets: i.e. they only lost £758 million despite taking the tax payer for a (metaphorical) ride.

"All staff will receive a bonus on their salary, which is worth around £100,000 at chief executive level."

Wouldn't have been fairer to all around if they could take their bonuses if they met all of their targets?

posted by pete at 1:10 PM