Last year I wrote that 831 people employed by TfL earned over £50K. I have just seen this year’s Annual Report. TfL have restated last year’s numbers. Last year’s number was 1,029 not 831. This year’s number is 1,411. I know that we have a large and complex public transport infrastructure but having a cadre of 1,411 highly paid managers seems a bit over the top. The rate of increase in their salaries is horrifying.
Last year I toted up the number of £100K plus salaries. It came out at 76. With the restatement it is now 90 for last year. This year the number of TfL managers earning over £100K is 112. Do we really have 112 people worth £100K in TfL? I don’t think so.
7 replies on “Lords of Transport up 70%”
Unbelievable.
Totally absurd.
But how can we stop this nonsense?
Eric,
The obvious answer to your question is to vote for Boris Johnson in May 2008.
Assuming Boris beats the others on the shortlist – best let democracy takes its course and elect a candidate rather than appoint one (i.,e. Tony Lit)…
Bob,
When are you going to raise yourself above the smart-arsed one-liner and give us an opinion about the actual topic?
[…] picked up the story I covered on Tuesday about the explosion in hghly paid people at TfL, see previous posting. A shortened version of their story is available on-line […]
Boris???
No – please let’s be serious here. Boris would continue to make the stewardship of London a laughing stock – but the jokes and the gaffs would be different!
Will someone credible with a high publicity profile please come forward some time soon and sort London out?