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Network Rail boss stripped of £371k golden goodbuy (He'll only take £1m this year )
 from: http://www.telegraph.co.uk/news/uknews/road-and-rail-transport/11315730/Network-Rail-boss-Robin-Gisby-stripped-of-371k-golden-goodbye.htmlNetwork Rail boss Robin Gisby stripped of £371k golden goodbyeManaging director of network operations who oversaw Christmas rail chaos will now...
Network Rail transparency update – November 2014
Network Rail has today published new and updated information on its online transparency portal, including how much gas, electricity and water are used at its managed stations, spend on annual performance bonus and how the company manages vegetation growing along the railway.Transparency is a key...
Bonuses significantly reduced for Network Rail directors
Network Rail’s remuneration committee has decided to award bonuses significantly below target to the company’s executive directors for the 2013/14 financial year.The decision reflects mixed results on key performance objectives during the year, but recognises well-managed recovery from a...
Network Rail bosses new £10m bonuses plan
Network Rail bosses have drawn up a new long term bonus plan which could earn them over £10 million in double bonuses over the next three years, the TSSA union revealed.The scheme, to be approved at the taxpayer funded firm's agm next month, will pay out up to 100 per cent of annual...
Network Rail announces "reduced" bonuses for its directors
A year that saw some successes as well as some targets missed has resulted in a significantly reduced annual bonus for Network Rail’s five executive directors.The financial year 2012/13 saw: Passenger satisfaction reach a record high – 85% Passenger numbers reach 1.5bn for the first...
Three rail bosses in line for £1.2m pay packages as commuters race rocketing fare rises
 Three rail bosses in line for £1.2m pay packages as commuters race rocketing fare risesRead more: http://www.dailymail.co.uk/news/article-2261996/Three-rail-bosses-line-1-2m-pay-packages-commuters-race-rocketing-fare-rises.html#ixzz2HwUCrc5O Three rail bosses in line for £1.2m pay...
Rail Regulator warns NR against bonuses after fatal crashes
Rail regulators have warned Network Rail bosses to forego their six figure annual bonuses if they are responsible for fatal crashes on the network, a leaked letter revealed today.The ORR intervention comes less than six months after the taxpayer funded firm was fined a total of £5 million for...
Network Rail General Meeting ajourned
Network Rail's general meeting to discuss directors' remuneration was adjourned on friday.Rick Haythornthwaite, chairman, said: "Today's meeting is the latest leg in an 18-month search to find the answer to a crucial question - how can we retain and attract talent to meet the very...
Network Rail bonuses can be blocked, Labour insists
The BBC reports that Labour has urged ministers to block six-figure bonuses for Network Rail bosses, insisting they have the power to prevent such payouts.It said ministers had to give written approval to any changes to payments.The transport secretary said on Sunday she would vote against a plan...
Bonus for Network Rail chief "unacceptable" says Transport Secretary
Paying the head of Network Rail an annual £336,000 bonus would be “unacceptable”, the Transport Secretary said last night reports the Daily Telegraph.Sir David Higgins, the chief executive, could receive a bonus worth 60% of his salary under a scheme due to be approved by the company next...

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