Crossrail chiefs pocketed more than £800,000 in bonus payments last year.
The revelation comes in the wake of news this week that the project will bust its budget by £590m.
The bonus figures are contained in Transport for London’s draft annual report for the financial year to March 31 2018.
They relate to bonuses earned in 2016/17 and paid in 2017/18.
The report details pay for the 20 Crossrail executives employed that year who had a base salary of more than £150,000
The biggest beneficiary was former chief executive Andrew Wolstenholme who left the project in March.
Wolstenholme was paid a performance related bonus of £160,000 on top of his base salary of £476,772.
He was also paid “compensation for loss of employment” of £97,734.
Wolstenholme left in March to take up a new role as as group managing director at the Maritime and Land division of BAE Systems.
Programme Director Simon Wright – who took over Wolstenholme’s role – was given a £105,568 bonus on top of his base salary of £328,873.
from Construction Enquirer http://www.constructionenquirer.com/2018/07/25/crossrail-chiefs-share-800000-bonus-pot/
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