Transport Bosses Average £1 Million Pay
Submitted by Admin on 27 June, 2012 - 13:42Deepest in the trough was National Express boss Ray O’Toole, whose 110 per cent pay hike took him to £1.3 million.
The bosses of the ‘big five’ private transport operators have pocketed an average £1 million each in pay, bagging an aggregate pay rise worth a shade shy of 20 per cent, according to their most recent company accounts, a study by transport union RMT reveals today.
As bus and rail passengers face fares hikes of a minimum of six per cent and service cuts, the news that transport bosses have followed the city trend to give themselves bumper pay packages will be greeted with anger and dismay, the union says.

At the same time as the RMT calls for London Underground to return to ACAS regarding the recent dispute over the union's interpretation of the 'Olympic agreement', South West Train members are heading toward Industrial action as bosses there renege on Olympic agreements.