BBC directors waive bonuses
EmptyLONDON -- BBC director general Mark Thompson and other senior directors are waiving their bonuses for the year in the wake of the BBC's lower-than-expected license fee settlement, it was announced Tuesday.
The amount being waived by directors will total £350,000 ($699,737), said Thompson, who waived his bonus for the second year running.
"Bonuses and the principle that a proportion of total remuneration should be dependent on performance are standard practice for senior managers throughout the public as well as the private sector," Thompson said. "I have told my fellow directors that I would expect them to resume their participation in the BBC executive bonus plan, as long as performance objectives are met, in the usual way in future years."
Thompson pointed out that the decision to drop bonuses was unrelated to the BBC's creative and managerial successes, which he said have been "strong."