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29/06/2010

BBC Boss To Cut Top Staff's Pay

A top media conference has heard that the national broadcaster, the BBC is set to pay senior managers less than commercial rivals.
Chief Operating Officer Caroline Thompson said on Monday that the measures would be introduced for new executives being recruited as part of wider plans to make pay more transparent after the corporation announced a pay freeze for all staff earning more than £38,000.
By next year, she said existing senior managers would effectively have taken a real-terms pay cut of 14%.
She was speaking at a 'future of broadcasting' conference, titled 'Delivering the digital ideal: a future path for the broadcasting industry' on 28th-29th June at London's Waldorf Hilton, London.
The Institute of Economic Affairs (IEA) event aimed to debate the ongoing development of digital services that will provide opportunities as well as serious challenges for broadcasters.
The BBC currently pays 382 of its senior staff over £100,000 a year and BBC Trust Chair Sir Michael Lyons has asked it to cut its senior pay bill by a quarter over the next three years with 18% fewer staff.
(BMcC/GK)
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