From http://www.bbc.co.uk/news/uk-england-london-33070276

The number of staff working for Transport for London (TfL) and earning more
than £100,000 has reached more than 400 for the first time.

Figures show staff receiving such packages rose from 326 in 2013-14 to 413
in 2014-15.

Transport union TSSA said London Mayor Boris Johnson was creating a "first
class gravy train" for senior managers.
But TfL said remuneration consultants had found its pay was "significantly
below the market level".
It said in many cases it was severance payments and overtime, which pushed
the amount into six figures.

Commissioner 'earns £348k'

It said: "The overtime was worked by specialist engineers and highly
skilled project staff, 91 of whom earn a base salary of less than £100,000.
"However, the overtime earned took their total remuneration above this."

TSSA leader Manuel Cortes said: "While those earning over £100,000 a year
goes through the 400 barrier for the first time, our members at London
Underground have been offered less than RPI (inflation) - 0.75% for this
year."

TfL also announced the base pay of London's Transport Commissioner Sir
Peter Hendy, who was on around £348,000 in 2010, had been frozen for a
sixth year in a row.

London Assembly Green Party member Darren Johnson said he welcomed the cap
on Sir Peter's pay but added that TfL "needs to do more to hold the line on
pay costs at the top end of their organisation".

On 10/06/2015 02:44, Recliner wrote:

But TfL said remuneration consultants
Presumably also highly compensated?

had found its pay was "significantly
below the market level".
What is the "market" here for people working on Transport for London
services? How easy is it to do a like for like comparison with e.g. New
York or Paris? Don't most businesses base their pay levels on what is
needed to recruit and retain staff?

On Wed, Jun 10, 2015 at 01:44:57AM +0000, Recliner wrote:

TSSA leader Manuel Cortes said: "While those earning over ??100,000 a year
goes through the 400 barrier for the first time, our members at London
Underground have been offered less than RPI (inflation) - 0.75% for this
year."

I expect that quite a few of the people he's moaning about are TSSA
members themselves.

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