Pay of Crossrail chief Andrew Wolstenholme soars to £700,000

[Conniff]

The pay packet of Crossrail chief Andrew Wolstenholme increased by almost a quarter to £700,000 this year — making him one of Britain’s highest paid public sector bosses.

 

A total of 81 TfL and Crossrail executives earned more than the Prime Minister’s salary of £142,500.

 

Link

 

Says it all I think, when did the likes of Joe Public have a 25% pay increase on public money.

[Migster]

Your link is to to an out of date annual report i.e. year ending March 2014. The one for last year shows that his total remuneration has increased further to £850k (due to a big jump in performance related pay).

[firstclassx]

Seeing as he is in charge of an aprox £15BILLION project, his salary is actually fairly modest. If it were in the private sector, his salary would probably be above £1m.

 

You aren't going to get good leaders or executives if you pay below market salaries. Just because it is government funded does not mean you can pay substantially below market rates - you simply won't attract qualified, experienced leadership- they'll just go elsewhere privately, and the government will be stuck!

 

In fairness, the project seems to be coming along very well and will deliver fantastic benefits to London and surrounding areas, far in excess of the capital costs.

 

For such an important project, with high national benefits, I'd rather know I am paying someone who will be committed enough to get things done right, first time, rather than pay someone half the cost, with half the experience.

 

(If I have my zeros right, his pay is a tiny 0.005% of the overall budget, i.e. negligible, almost nil impact overall).

[citizenB]

Then perhaps the Prime Minister and others heading government departments should get similar salaries ?

[Conniff]

And the countries leader is in charge of trillions. How can some stuffed shirt living on pensioners and low paid people, ie the taxpayer (plus fines) be worth that. He is on double what his counterpart in New York gets but does sod all for it, well maybe the odd crossword.

 

He will be driven around in one of the 45 Audi A6 or 67 BMW 5 series or 678 Mercedes S class cars hired by his office, again paid for by the taxpayer. Don't tell me Mr 'oh it's January lets put the rail fairs up' is worth it.

Edited December 30, 2015 by Conniff

[Conniff]

Then perhaps the Prime Minister and others heading government departments should get similar salaries ?

 

NO, not increase others, reduce the disgusting amount paid to these nobodies.