§ Mr. StevensTo ask the Secretary of State for Transport if he will make a statement about the bonuses to be paid to British Rail board members in relation to the passengers charter performance standards.
§ Mr. FreemanFor 1990–91 BR board members could have earned a maximum 25 per cent. bonus on salary for meeting a series of targets, including up to 7 per cent. for quality of service. Members actually received a maximum of 4 per cent. which included 1 per cent. for quality of service.
Details of a revised BR board bonus scheme for 1992–93, including quality of service targets based on the passengers charter, are currently being developed. On the basis of a possible maximum 10 per cent. bonus for quality, the actual bonus in 1991 would have been less than 2 per cent. of salary if the charter standards had applied, equivalent to around £4,000 for the chairman.