| Last Updated Friday 24th October 2008 |
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TIE WORKERS IN LINE FOR BONUSES IF TRAM IS COMPLETED ON TIME If the Trams for Edinburgh project is completed on time and on budget staff at tie could share £3 million in bonuses. The 13 top executives at tie are in line for a bonus off up to 50% of their salaries with £500,000 in total a year available. The remaining 71 staff could get a 25% bonus with £600,000 a year in the pot for this.
Finance Leader Gordon Mackenzie, said: “Any bonuses paid will reflect the performance and work done over that time. Obviously, there will be further reviews, which will assess current and future performance against the dates or other milestones set in the contract."
However, Deputy Council leader, Cllr Steve Cardownie, was not exactly impressed with the news: “It sounds like nice work if you can get it. I think a lot of people will look at this and see that these people are already on nice salaries and the bonuses are for effectively doing their job. I would be interested to know if they get money taken off their salaries when there are mistakes, like the gridlocked city centre we had on October 1. We really do hope this project is being managed responsibly and will take no pleasure in this project coming in over budget. Bonuses will be a part of that."
Source: The Scotsman
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