High salaries at TfL

Meeting: 
MQT on 2017-01-18
Session date: 
January 18, 2017
Reference: 
2017/0226
Question By: 
Andrew Dismore
Organisation: 
Labour Group
Asked Of: 
The Mayor
Category: 

Question

How many people are employed by TfL at a salary of over £100,000?

Answer

Answer for High salaries at TfL

Answer for High salaries at TfL

Answered By: 
The Mayor

As part of Transport for London's (TfL's) commitment to transparency, it publishes information on staff remuneration in its annual report:

http://content.tfl.gov.uk/tfl-annual-report-2015-16.pdf

TfL competes with the private and public sector for highly-skilled and experienced people across a range of disciplines including engineering, technology and property development, and the pay of its senior team is significantly lower than in comparable organisations.

However, at my request, TfL is carrying out a comprehensive review of its organisation, which is considering reducing management layers, merging functions, such as engineering, to eliminate duplication, and reducing reliance on agency staff. A number of senior managers have already left TfL, saving £40m over the next five years.

As of 11 January, there are 170 employees who have a full time equivalent salary of £100,000 or above. This represents a 14 per cent reduction from April last year, when there were 198 employees who had a full time equivalent salary of £100,000 or above.

I now personally sign off any new appointments over £100,000 per annum, to ensure that salaries of this magnitude represent good value for public money.