PM and unions unimpressed at outgoing chief Iain Coucher鈥檚 拢641,000 top-up
Network Rail bosses are to receive six-figure bonuses, despite criticism from the prime minister and unions.
According to a BBC report, the organisation鈥檚 ruling body has voted in favour of a package giving outgoing chief executive Iain Coucher a 拢641,000 bonus. This will take his pay to 拢1,447,000, an increase of 53% on 2009.
Members voted 37 to 31 in favour of the pay package, with nine abstentions.
Although Network Rail is technically a private company, it does not pay any dividends and is subsidised by the government.
Number 10 has expressed disappointment at the decision.
Head of the Transport Salaried Staffs鈥� Association union, Gerry Doherty said those taking the bonuses had no concept of public morality or service.
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