BBC bosses given £1m in bonuses

by Staff,, Brand Republic 17-Jul-02, 08:40

LONDON - BBC bosses have been awarded almost £1m in bonuses at time when director general Greg Dyke has asked for cuts across the corporation.

Payouts to BBC executives rose by 25% -- or more than 10 times the rate of inflation -- as the BBC saw its main entertainment channel BBC1 continue to lose ground, with its share of viewers falling to a new low of 26.5%, down from 26.8% last time.

However, the BBC did overtake ITV for the first time and, despite the increased competition from an array of cable channels, is performing well in its market. It also managed to spend more of its £2.5bn licence fee on programming, rising to 85% of its budget compared with 81% last time.

Dyke himself was awarded the biggest bonus, picking up £97,000 on top of his £357,000 salary. This at a time when Dyke has called for costs to be cut across the BBC.

Staff have been told to cut down on the use of taxis while biscuits for meetings and breakfast croissants have both been cut.

In May, the BBC said it had saved between £25m and £30m in administration cuts, which are being poured back into programme making, as well as 750 job cuts.

The details of the bonuses come in the BBC's annual report, which is due to be presented to MPs later today. Released to the Commons media select committee, for the first time it contains details of finances and findings of governors.

Other BBC directors to walk away with big bonuses include Alan Yentob, director of drama, entertainment and children, who was given a £58,000 bonus to take his total pay to £302,000. World Service boss Mark Byford was awarded a £17,000 pay rise on top of a £69,000 bonus, bringing his total BBC income to £294,000.

The bonuses are understood to have been awarded after the executives met performance targets.

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Comments

Keith Geddes

Keith Geddes - 09/10/2007

This is why the licence goes up every year.. I thought it went into production... what a fool I am. BBC and ITV are in competition.. we only pay for the BBC.. put up with the ads. BBC studios in Elstree up for sale? O.B. units... yes I read the reports. Whats left.... publishing..no, when resources goes.. whats next, whats left.. I ask again, wheres our money going.

 
 

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