Olympic Bonuses

Meeting: 
MQT on 2012-09-19
Session date: 
September 19, 2012
Reference: 
2012/2562
Question By: 
John Biggs
Organisation: 
Labour Group
Asked Of: 
The Mayor

Question

At time of unprecedented fares increases, is it right that TfL managers should share in a £600k bonus pot?

Answer

Answer for Olympic Bonuses

Answer for Olympic Bonuses

Answered By: 
The Mayor

Officers are drafting a response which will be sent shortly.

Written answer received 8 November 2012.

There are no Olympic bonuses.

Decisions regarding overall Chief Officer compensation are a matter for the TfL's Remuneration Committee.