Tuesday 1 May 2012

UK Energy Regulator #Ofgem staff bonus payouts revealed

The energy watchdog has paid more than £1 million in bonuses to staff in the past two years.
Ofgem gave hundreds of employees the rewards in 2010 and 2011 - some in excess of £20,000.

Consumer group the TaxPayers' Alliance criticised the payouts, saying it was "outrageous" that staff at the watchdog have been rewarded, considering it has "overseen devastating rises" in bills.

The official figures reveal a total of £602,969 was dished out to 266 staff in 2010, at an average of £2,267 per person, while last year 346 employees shared a bonus pot of £515,047, at an average of £1,489.

Two members of staff received more than £20,000 in 2010, 14 got more than £10,000 across 2010 and 2011, and 38 pocketed more than £5,000 over the two years.

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