«Breaking News» Almost 1,000 Network Rail staff cashing in on six figure salaries including a chief exec on £588,000

Almost 1,000 staff at Network Rail are paid more than £100,000 a year – as passengers endure the worst train services for nearly 20 years.

An investigation by The Mail on Sunday has exposed a culture of bumper pay packets, bonuses and business-class flights at the state-backed rail giant.

The revelations follow a ‘year from hell’ for commuters after the shambolic introduction of a new timetable and delays to vital upgrades to the network.

Network Rail's chief executive was paid £588,000 despite commuters enduring the worst train service for almost 20 years and the state-backed giant facing a multi-million pound fine

The proportion of cancelled or severely delayed trains is at its highest level since 2001, and Network Rail, which runs Britain’s rail infrastructure, faces a multi-million-pound fine from the regulator if it fails to improve its dire performance,

Despite this, figures released under the Freedom of Information Act show 963 Network Rail employees received more than £100,000 in 2017-18, up from 882 in 2016-17.

Of those, 131 earned more than £150,000 last year.

The figures include salaries, bonuses, pension contributions, overtime and other allowances.

Andrew Haines (pictured) is the best paid employee at Network Rail

Chairman for Network Rail Peter Hendy is paid between £375,000 and £379,999

Many saw earnings swelled by big bonuses, including 61 who got a bonus of more than £30,000 and two who received six-figure bonuses.

One senior rail industry executive last night branded Network Rail a ‘bloated bureaucracy’, and Tory MP Grant Shapps, whose constituents in Welwyn Garden City suffered major disruption during last year’s timetable fiasco, said: ‘Having suffered the railway year from hell, commuters will be stunned at employees raking in six-figure earnings.’

The top Network Rail earner is chief executive Andrew Haines, who receives £588,000.

Chairman Peter Hendy, who owns a £1.5 million Grade II listed Georgian villa in Bath, is in a pay band from £375,000 to £379,999.

As many as 61 people at the company got bonuses of more than £30,000, and two received six figure sums, despite delays to vital rail upgrades and the shambolic introduction of the new timetable

It is not only senior bosses enjoying six-figure packages. In total, 224 signallers receive between £80,000 and £100,000 and ten are paid more than £100,000 due to overtime and weekend pay.

A Network Rail spokesman said: ‘Pay is always a controversial subject for a public body, but we need to attract expertise from around the world to help run this vital public service.’

They accepted that too many passengers experienced delays and cancellations and said ‘this has to change’.

Our investigation also shone a spotlight on Network Rail Consulting (NRC), a company based in London and established by Network Rail in 2012 with a mission to win lucrative global rail consultancy contracts.

The company also has offices in Sydney, Melbourne, Riyadh in Saudi Arabia, Toronto, Boston, New York and Washington, and £415,178 was spent on business-class flights over the past seven years.

Just 12 per cent of its air- travel spending went on economy tickets.

NRC was set up to make money, but reported a pre-tax loss of £1.8 million last year.

The spokesman said NRC ‘shares British engineering know-how across the globe’ and ‘enables us to feed in best practice from around the world’.

Link hienalouca.com

https://hienalouca.com/2019/03/03/almost-1000-network-rail-staff-cashing-in-on-six-figure-salaries-including-a-chief-exec-on-588000/
Main photo article Almost 1,000 staff at Network Rail are paid more than £100,000 a year – as passengers endure the worst train services for nearly 20 years.
An investigation by The Mail on Sunday has exposed a culture of bumper pay packets, bonuses and business-class flights at the state-backed rail giant.
The re...

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