Search: Network Rail bonuses
Network Rail's top bosses are to get bonuses totalling £2.25 million despite Government calls for restraint.
Network Rail (NR) chief executive Iain Coucher will get a 2009/10 annual bonus of more than £348,000, plus £293,000 from a three-year rolling management incentive scheme.
Annual and management incentive bonuses for other top NR directors all run to six-figure sums.
The total annual bonuses for the six top directors amount to more than £1.34 million, while the management incentive bonuses add up to more than £906,000, making a total of more than £2.25 million.
Last month Transport Secretary Philip Hammond wrote to NR calling on the company to be aware that the company's top directors were "already handsomely rewarded in terms of annual salary".
He also questioned whether top directors should accept their bonuses and said the company would "need to bear in mind the potential for damage to the company's reputation if senior management remuneration is widely perceived to be excessive in relation to performance".
Office of Rail Regulation (ORR) chief executive Bill Emery also wrote to NR, having said that he considered the company's 2009/10 performance to be "mixed".
