The BBC has announced that it has exceeded its target of a 25% reduction to the senior management pay bill and 20% reduction to headcount.
In October 2009 the BBC Trust accepted the Executive’s recommendations for reducing the senior management pay bill by 25% and headcount by 20% by July 2013. These targets were subsequently brought forward to the end of 2011.
Figures released today show that by 31 December 2011 the reductions achieved are as follows:
Lucy Adams, Director Business Operations, said: “Keeping salary costs under control is hugely important to us. The reductions we have achieved in this area reflect our commitment to ensuring we are delivering value for money in difficult economic times. We will continue to keep a close eye on these costs reducing them still further where we can.”
The BBC Chairman Lord Patten has since recommended a further reduction to senior management numbers to a total of 1% of the total workforce by 2015 at the latest.
The BBC has also published the latest set of pay and expenses disclosures for April to June 2011 here.
(Source: BBC Press Office)
Figures released today show that by 31 December 2011 the reductions achieved are as follows:
| August 2009 | December 2011 | Reduction | |||||
| Headcount | 640 | 484 | 156 (24.38%) | ||||
| Pay Bill | £78.53m | £57.49m | £21.03m (26.78%) |
Lucy Adams, Director Business Operations, said: “Keeping salary costs under control is hugely important to us. The reductions we have achieved in this area reflect our commitment to ensuring we are delivering value for money in difficult economic times. We will continue to keep a close eye on these costs reducing them still further where we can.”
The BBC Chairman Lord Patten has since recommended a further reduction to senior management numbers to a total of 1% of the total workforce by 2015 at the latest.
The BBC has also published the latest set of pay and expenses disclosures for April to June 2011 here.
(Source: BBC Press Office)
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