Last year I wrote that 831 people employed by TfL earned over Â£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 Â£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 Â£100K is 112. Do we really have 112 people worth Â£100K in TfL? I don’t think so.