Civil servants now taking away Winter Fuel Payments are enjoying bonuses of up to £14,
000, it can be revealed.
The rewards given to almost 100 top officials at the Department for Work and Pensions
would pay for more than 3,000 pensioners’ annual energy bill support.
In total the department handed out almost £12million of taxpayers’ money in bonuses to staff last year.
The perks have sparked fresh outrage over Labour’s decision to stop 10m elderly people receiving the allowance, worth £200 for most households, this year in order to save money.
Critics pointed out that the DWP oversees a benefits system that lost a staggering £13.9billion of public money
to fraud and error last year.
Last night Elliot Keck, head of campaigns at
the TaxPayer’ Alliance, told the Mail: ‘These bonuses for bumbling bureaucrats
are wildly unjustified given the catastrophic levels of fraud and error on DWP’s watch.
‘While taxpayers face a budget of horrors, civil servants can sit
comfortable knowing they have the pay, pensions
and perks that the rest of the country can only dream of.‘
Labour should put a stop on these rewards for failure and ensure
that any future bonuses are based on a genuine improvement in results.
The rewards given to almost 100 top officials at the Department
for Work and Pensions would pay for more than 3,000 pensioners’ annual energy
bill support (file image)
In total the department handed out almost £12million of taxpayers’ money in bonuses to staff last year (file image)
Elliot Keck (pictured), head of campaigns at the TaxPayer’ Alliance said that bonuses for civil servants are ‘unjustified’
‘Figures obtained by the Mail under the Freedom of Information Act reveal that the DWP paid out £645,
685 in end of year bonuses to Senior Civil Servants in 2023-24,
enough to cover more than 3,000 pensioners’ winter fuel payments.
The jackpot was shared by 91 of the top-ranking officials with the median payment £7,
250 and the largest £14,000.
Accounts show that Permanent Secretary Sir Peter Schofield received
performance related pay of between £10,000 and £15,000 last year on top of his salary
of between £195,000 and £200,000.
Three other executive directors also received bonuses in the same bracket, the annual report stated.
Another £11.2m in bonuses was handed to 82,526 more junior staff,
with the average award £150 and the biggest £214.
The total £11.9m given out in bonuses last year, which covered performance
in the previous financial year, would have paid for 59,623 pensioners’ Winter Fuel Payments.
In addition, most junior grades received a one-off £1,
500 cost of living payment last year, as did civil servants in other departments.
A DWP spokesman insisted: ‘It is important
the Civil Service is able to remunerate its staff
in line with the private sector, to attract and retain the best talent, as it
delivers on the government’s commitments to working
people.
Your browser does not support iframes.
The perks have sparked fresh outrage over Labour ‘s decision to stop 10m elderly people receiving the allowance (file image)
Read More
Voters may eventually thank Labour for axing pensioners’ winter
fuel cash, insists minister
‘We have had to make tough choices, but are committed to supporting pensioners – with millions set
to see their state pension rise by up to £1,700 this parliament through our commitment to the triple lock and over a million pensioners will
still receive the Winter Fuel Payment.’
The Mail revealed last year that the DWP had lost £13.9bn in fraud and
error, while axing winter fuel payments for 10million pensioners will save just £1.5bn.
One civil servant allegedly handed £600,000 in benefits
to his friends, prompting calls for ministers to tackle ‘crime and cock-ups’ in Whitehall.
Officials also mistakenly gave £200,000 to one person last year.
And they wasted £16million in rent on empty buildings used as temporary Jobcentres in the pandemic, a DWP
report into waste found.
Swiss vote to impose world’s strictest rules
on executive pay after public outcry over fat cat bonuses
People in Switzerland have voted for strict controls on executive pay
68 per cent backed plans to veto pay-outs to bosses
Move sparked by anger over the big bonuses blamed for fuelling risky investments
It comes after the EU announced plan to cap bankers’ bonuses at a year’s pay
By JANINE YAQOOB
Published: 16:43 GMT, 3 March 2013 | Updated: 17:12 GMT,
3 March 2013
e-mail
157
View
comments
Swiss citizens have voted to impose some of the world’s strictest controls on executive pay.
Early returns in a referendum revealed 68
per cent backed plans for shareholders to veto executive pay and for a ban on big rewards for new and departing managers.
The clear majority came as a surprise given fierce
opposition and intense campaigning by business lobby group Economiesuisse, which warned the proposals will damage the
country’s competitiveness and scare away international talent.
Support for the move was sparked by anger over the big bonuses blamed for fuelling risky investments that nearly felled Swiss bank UBS,
as well as outrage over a proposed $78 million payment to outgoing Novartis chairman Daniel Vasella.
Claude Longchamp, of pollsters Gfs.Bern, said the public outcry last month that forced Novartis to
cancel Vasella’s ‘golden goodbye’ helped drive the campaign.
The Swiss vote for stricter rules on execuitve pay was sparked by outrage over a proposed $78 million payment to outgoing chairman of drugs company Novartis Daniel Vasella (pictured)
‘It emotionalised and it mobilised,’ he said.
Thomas Minder, the businessman-turned-politician behind
the campaign, says his proposals are aimed at ending a culture of short-termism
and rewards for managers of badly-run companies rather than just capping salaries.
RELATED ARTICLES
Previous
1
Next
NHS surgeon who delivered Sam Cam’s daughter sued by sixty…
Share this article
Share
Despite threats from some executives, Switzerland is unlikely to see an exodus
of big companies who have previously been drawn to the country by low
taxes, stable politics and business-friendly laws.
And companies will seek ways around the new rules to reward executives, just as banks in Europe are
looking to soften the impact of a cap on bonuses for top staff agreed by
European politicians on Thursday.
The Swiss vote comes as the European Union tries to push through a proposal which will mean bankers bonuses will be capped at
a year’s pay and a perk of two years’ salary could only be paid if a majority of shareholders agreed
to it.
Downing Street said Prime Minister David Cameron had ‘real
concerns’ about the plans and warned it must
not be allowed to stifle Britain’s role as a global banking centre.
Chancellor George Osborne (left) is expected to argue against the European Union’s plans to cap bankers’ bonuses at a year’s pay.
Prime Minister David Cameron (right) said he had ‘real concerns’ about the plans
The deal must be signed off by EU governments before coming
into force next year but Chancellor George Osborne is expected to argue against it at a meeting of European finance ministers next year.
Boris Johnson joined the chorus of British opposition, branding
the plans ‘deluded’ and ‘self-defeating’.
The London Mayor warned it would simply play into the hands of the City
of London’s overseas.
Mr Osborne is expected to try to block the plans, claiming
it would prevent City firms hiring the best
staff, prompting an exodus of top talent to New York.
The deal must still be signed-off by EU governments before coming into force
in 2014 but the UK is struggling to convince other countries it is a bad idea.
If Britain loses its showdown with Brussels, it would mean the most draconian clampdown on fat cats’ perks since the
financial crisis of 2008.
Swiss companies accounted for five of the top 10 best-paid chairmen in Europe in 2011, but only the
heads of Novartis and Roche made it into the continent’s top 10 for
chief executives.
While anger at multi-million dollar payouts for executives has
spread around the globe since the financial crisis,
the Swiss system of direct democracy means populist proposals have a
greater chance of implementation.
Swiss citizens get to vote on a range of topics
in up to four national referendums each year.
A few other countries, including the United States and Germany, have introduced advisory ‘say on pay’
votes in response to anger over inequality and
corporate excess.
Britain is also planning to give shareholders a binding
vote on pay and ‘exit payments’ at least every three years.
The near collapse of flagship bank UBS in 2008 stoked anger among Swiss who
blamed its heavy losses on rewarding bankers to make risky bets
Thomas Minder’s initiative in Switzerland forces binding
votes on compensation every year as well as on board composition and would also ban bonus payments to
managers if their companies are taken over.
The plan also includes possible jail sentences and fines for
breaching the new rules.
While Switzerland has fared relatively well through the financial crisis,
the near collapse of flagship bank UBS in 2008
stoked anger among Swiss who blamed its heavy losses on rewarding bankers to make risky bets.
Last year, more than one third of UBS shareholders rejected the bank’s plans for
executive pay – including a 4 million franc signing-on fee for new German chairman Axel Weber – after a sub-par 2011 profit and a $2 billion rogue trading scandal.
The centre-left Social Democrats are already
pushing for another referendum on even tougher curbs on executive
pay – they want to limit the annual compensation of top managers to just 12
times that of their lowest-paid worker.
If you’re in Lacey and facing an injury case, I recommend reaching out to a local attorney who specializes in personal injury. They can really help navigate the legal process. Visit Lacey car accident attorney for tips on finding the right one
What are the most effective techniques for brushing senior animals? I intend to see to it my older pet is comfortable throughout the procedure hair of the dog groomer
Eagerly anticipating guidance provided surrounding preparations needed leading up towards appointments scheduled regarding tasks tackled associated directly linked back fat transfer breast augmentation results
Discover the best practices for minimizing Coolsculpting side effects post-treatment on coolscultping , where we share tips and tricks for a smooth recovery
15 Secretly Funny People In Upvc Window Handle Replacement double glazing window Handles
5 Killer Quora Answers To Upvc Door Lock Repair
Near Me upvc door lock repair near Me
semaglutide best price buy semaglutide or rybelsus semaglutide tablets
https://maps.google.com.sb/url?sa=t&rct=j&url=https://semapharm24.com semaglutide best price
[url=https://stjohns.harrow.sch.uk/brighton-hove/primary/westdene/arenas/schooloffice/calendar/CookiePolicy.action?backto=https://semapharm24.com]Sema Pharm 24[/url] SemaPharm24 and [url=https://investsocial.com/pl/members/450962-ewhpqwnflv]buy rybelsus online[/url] SemaPharm24
Civil servants now taking away Winter Fuel Payments are enjoying bonuses of up to £14,
000, it can be revealed.
The rewards given to almost 100 top officials at the Department for Work and Pensions
would pay for more than 3,000 pensioners’ annual energy bill support.
In total the department handed out almost £12million of taxpayers’ money in bonuses to staff last year.
The perks have sparked fresh outrage over Labour’s decision to stop 10m elderly people receiving the allowance, worth £200 for most households, this year in order to save money.
Critics pointed out that the DWP oversees a benefits system that lost a staggering £13.9billion of public money
to fraud and error last year.
Last night Elliot Keck, head of campaigns at
the TaxPayer’ Alliance, told the Mail: ‘These bonuses for bumbling bureaucrats
are wildly unjustified given the catastrophic levels of fraud and error on DWP’s watch.
‘While taxpayers face a budget of horrors, civil servants can sit
comfortable knowing they have the pay, pensions
and perks that the rest of the country can only dream of.‘
Labour should put a stop on these rewards for failure and ensure
that any future bonuses are based on a genuine improvement in results.
The rewards given to almost 100 top officials at the Department
for Work and Pensions would pay for more than 3,000 pensioners’ annual energy
bill support (file image)
In total the department handed out almost £12million of taxpayers’ money in bonuses to staff last year (file image)
Elliot Keck (pictured), head of campaigns at the TaxPayer’ Alliance said that bonuses for civil servants are ‘unjustified’
‘Figures obtained by the Mail under the Freedom of Information Act reveal that the DWP paid out £645,
685 in end of year bonuses to Senior Civil Servants in 2023-24,
enough to cover more than 3,000 pensioners’ winter fuel payments.
The jackpot was shared by 91 of the top-ranking officials with the median payment £7,
250 and the largest £14,000.
Accounts show that Permanent Secretary Sir Peter Schofield received
performance related pay of between £10,000 and £15,000 last year on top of his salary
of between £195,000 and £200,000.
Three other executive directors also received bonuses in the same bracket, the annual report stated.
Another £11.2m in bonuses was handed to 82,526 more junior staff,
with the average award £150 and the biggest £214.
The total £11.9m given out in bonuses last year, which covered performance
in the previous financial year, would have paid for 59,623 pensioners’ Winter Fuel Payments.
In addition, most junior grades received a one-off £1,
500 cost of living payment last year, as did civil servants in other departments.
A DWP spokesman insisted: ‘It is important
the Civil Service is able to remunerate its staff
in line with the private sector, to attract and retain the best talent, as it
delivers on the government’s commitments to working
people.
Your browser does not support iframes.
The perks have sparked fresh outrage over Labour ‘s decision to stop 10m elderly people receiving the allowance (file image)
Read More
Voters may eventually thank Labour for axing pensioners’ winter
fuel cash, insists minister
‘We have had to make tough choices, but are committed to supporting pensioners – with millions set
to see their state pension rise by up to £1,700 this parliament through our commitment to the triple lock and over a million pensioners will
still receive the Winter Fuel Payment.’
The Mail revealed last year that the DWP had lost £13.9bn in fraud and
error, while axing winter fuel payments for 10million pensioners will save just £1.5bn.
One civil servant allegedly handed £600,000 in benefits
to his friends, prompting calls for ministers to tackle ‘crime and cock-ups’ in Whitehall.
Officials also mistakenly gave £200,000 to one person last year.
And they wasted £16million in rent on empty buildings used as temporary Jobcentres in the pandemic, a DWP
report into waste found.
The Complete Guide To Vegan Leather Sofa Leather sofas living room
Thanks for the insightful write-up. More like this at بلفاروپلاستی چیست
La devoción hacia la Santa Muerte ha crecido en los últimos años santa muerte en deseos de fortuna
Cytotec 200mcg price buy cytotec pills or Cytotec 200mcg price
http://www.qualicore.de/redirect.php?link=https://cytpharm.com cytotec pills buy online
[url=http://www.torremarmores.com/en/gallery2/main.php?g2_view=core.UserAdmin&g2_subView=core.UserLogin&g2_return=https://cytpharm.com]buy cytotec in usa[/url] cytotec buy online usa and [url=https://www.support-groups.org/memberlist.php?mode=viewprofile&u=320269]cytotec online[/url] order cytotec online
Fast, reliable, and professional—that’s what you get with Damp Solving Flood Restoration Austin
“Wow fence contractors near me
Excellent breakdown of the fencing system! If an individual wants to see super examples, I counsel testing Look at more info
The Key Fob Repairs Awards: The Best, Worst, And The Most
Unlikely Things We’ve Seen emergency car key Repair
Asbestos Attorney Mesothelioma Explained In Fewer Than 140 Characters mesothelioma attorneys
Reenergized
4434 Pacific Coast Hwy,
ᒪong Beach, CA 90804, United States
562-689-9888
Wavi brain theraply review test (https://padlet.com/bailbonds500nsexo/bookmarks-lgui2g5l7u8gi6j3/wish/kxodWG4GeEGjagP7)
Upvc Door Locks Repair Tools To Ease Your
Daily Life Upvc Door Locks Repair Trick That Every Person Should Learn upvc door Locks repair
cytotec abortion pill buy cytotec online or purchase cytotec
https://image.google.ml/url?q=https://cytpharm.com buy cytotec online
[url=https://www.google.je/url?q=https://cytpharm.com]purchase cytotec[/url] purchase cytotec and [url=http://iapple.minfish.com/home.php?mod=space&uid=3844297]cytotec online[/url] buy cytotec over the counter
. Feeling grateful for such supportive staff at our hired ***moving company*** throughout our relocation!!! Moving Company
Thanks for the comprehensive read. Find more at plumbing service nearby
5 Reasons To Consider Being An Online Asbestos Poisoning Lawsuit Buyer And 5 Reasons Why
You Shouldn’t asbestos lawsuit (Delbert)
How To Beat Your Boss Asbestos Mesothelioma Mesothelioma Lawsuits
Buy Cocaine Australia buy cocaine australia
rybelsus semaglutide tablets: semaglutide tablets for weight loss – cheap semaglutide pills
semaglutide tablets price: cheap semaglutide pills – semaglutide best price
5 Laws Everybody In ADHD Medication Uk Should Know
who Can prescribe Adhd medication for adults [cameradb.review]
Swiss vote to impose world’s strictest rules
on executive pay after public outcry over fat cat bonuses
People in Switzerland have voted for strict controls on executive pay
68 per cent backed plans to veto pay-outs to bosses
Move sparked by anger over the big bonuses blamed for fuelling risky investments
It comes after the EU announced plan to cap bankers’ bonuses at a year’s pay
By JANINE YAQOOB
Published: 16:43 GMT, 3 March 2013 | Updated: 17:12 GMT,
3 March 2013
e-mail
157
View
comments
Swiss citizens have voted to impose some of the world’s strictest controls on executive pay.
Early returns in a referendum revealed 68
per cent backed plans for shareholders to veto executive pay and for a ban on big rewards for new and departing managers.
The clear majority came as a surprise given fierce
opposition and intense campaigning by business lobby group Economiesuisse, which warned the proposals will damage the
country’s competitiveness and scare away international talent.
Support for the move was sparked by anger over the big bonuses blamed for fuelling risky investments that nearly felled Swiss bank UBS,
as well as outrage over a proposed $78 million payment to outgoing Novartis chairman Daniel Vasella.
Claude Longchamp, of pollsters Gfs.Bern, said the public outcry last month that forced Novartis to
cancel Vasella’s ‘golden goodbye’ helped drive the campaign.
The Swiss vote for stricter rules on execuitve pay was sparked by outrage over a proposed $78 million payment to outgoing chairman of drugs company Novartis Daniel Vasella (pictured)
‘It emotionalised and it mobilised,’ he said.
Thomas Minder, the businessman-turned-politician behind
the campaign, says his proposals are aimed at ending a culture of short-termism
and rewards for managers of badly-run companies rather than just capping salaries.
RELATED ARTICLES
Previous
1
Next
NHS surgeon who delivered Sam Cam’s daughter sued by sixty…
Share this article
Share
Despite threats from some executives, Switzerland is unlikely to see an exodus
of big companies who have previously been drawn to the country by low
taxes, stable politics and business-friendly laws.
And companies will seek ways around the new rules to reward executives, just as banks in Europe are
looking to soften the impact of a cap on bonuses for top staff agreed by
European politicians on Thursday.
The Swiss vote comes as the European Union tries to push through a proposal which will mean bankers bonuses will be capped at
a year’s pay and a perk of two years’ salary could only be paid if a majority of shareholders agreed
to it.
Downing Street said Prime Minister David Cameron had ‘real
concerns’ about the plans and warned it must
not be allowed to stifle Britain’s role as a global banking centre.
Chancellor George Osborne (left) is expected to argue against the European Union’s plans to cap bankers’ bonuses at a year’s pay.
Prime Minister David Cameron (right) said he had ‘real concerns’ about the plans
The deal must be signed off by EU governments before coming
into force next year but Chancellor George Osborne is expected to argue against it at a meeting of European finance ministers next year.
Boris Johnson joined the chorus of British opposition, branding
the plans ‘deluded’ and ‘self-defeating’.
The London Mayor warned it would simply play into the hands of the City
of London’s overseas.
Mr Osborne is expected to try to block the plans, claiming
it would prevent City firms hiring the best
staff, prompting an exodus of top talent to New York.
The deal must still be signed-off by EU governments before coming into force
in 2014 but the UK is struggling to convince other countries it is a bad idea.
If Britain loses its showdown with Brussels, it would mean the most draconian clampdown on fat cats’ perks since the
financial crisis of 2008.
Swiss companies accounted for five of the top 10 best-paid chairmen in Europe in 2011, but only the
heads of Novartis and Roche made it into the continent’s top 10 for
chief executives.
While anger at multi-million dollar payouts for executives has
spread around the globe since the financial crisis,
the Swiss system of direct democracy means populist proposals have a
greater chance of implementation.
Swiss citizens get to vote on a range of topics
in up to four national referendums each year.
A few other countries, including the United States and Germany, have introduced advisory ‘say on pay’
votes in response to anger over inequality and
corporate excess.
Britain is also planning to give shareholders a binding
vote on pay and ‘exit payments’ at least every three years.
The near collapse of flagship bank UBS in 2008 stoked anger among Swiss who
blamed its heavy losses on rewarding bankers to make risky bets
Thomas Minder’s initiative in Switzerland forces binding
votes on compensation every year as well as on board composition and would also ban bonus payments to
managers if their companies are taken over.
The plan also includes possible jail sentences and fines for
breaching the new rules.
While Switzerland has fared relatively well through the financial crisis,
the near collapse of flagship bank UBS in 2008
stoked anger among Swiss who blamed its heavy losses on rewarding bankers to make risky bets.
Last year, more than one third of UBS shareholders rejected the bank’s plans for
executive pay – including a 4 million franc signing-on fee for new German chairman Axel Weber – after a sub-par 2011 profit and a $2 billion rogue trading scandal.
The centre-left Social Democrats are already
pushing for another referendum on even tougher curbs on executive
pay – they want to limit the annual compensation of top managers to just 12
times that of their lowest-paid worker.
The consultation with a personal injury attorney is often free; it’s worth it to explore your options if you’ve been injured Birth Injury Lawyers
This was a wonderful post. Check out متن روز پدر برای استوری for more
Peoria has some great personal injury attorneys who truly care about their clients’ well-being Car Accident Lawyers
If you’re in Lacey and facing an injury case, I recommend reaching out to a local attorney who specializes in personal injury. They can really help navigate the legal process. Visit Lacey car accident attorney for tips on finding the right one
Radiated Tortoise For Sale radiated tortoise for sale
Hi, all is going well here and ofcourse every one is sharing data, that’s genuinely excellent, keep up writing.
Three Reasons To Identify Why Your ADHD Test For Women Isn’t Working
(And The Best Ways To Fix It) best adhd medication for adult Women
10 Things We Hate About Accident Injury Lawyers best Injury lawyer near me
Many thanks for sharing the benefits of routine grooming! It really aids maintain my pet dog happy and healthy the pet salon
What are the best techniques for grooming elderly animals? I wish to ensure my older dog is comfortable during the process in home dog grooming
I enjoyed this article. Check out هزینه عمل لیزیک چشم با بیمه تامین اجتماعی for more
What are the most effective techniques for brushing senior animals? I intend to see to it my older pet is comfortable throughout the procedure hair of the dog groomer
10 Myths Your Boss Is Spreading About Shower Screen Replacement Seal rear window seal replacement near me
PredPharm: buy prednisone 40 mg – buy prednisone online no prescription
http://dappharm.com/# buy priligy
sildenafil oral jelly 100mg kamagra
Thanks for the useful suggestions. Discover more at استخدام نیروی نمایشگاهی
Kamagra Oral Jelly super kamagra or buy kamagra online usa
https://www.google.co.cr/url?q=https://kamapharm.com п»їkamagra
[url=http://www.qqfuzhi.com/portal/play.php?url=http://kamapharm.com]Kamagra tablets[/url] cheap kamagra and [url=https://www.sdsdsoft.com/upload/home.php?mod=space&uid=3524401]Kamagra 100mg price[/url] buy Kamagra
Eagerly anticipating guidance provided surrounding preparations needed leading up towards appointments scheduled regarding tasks tackled associated directly linked back fat transfer breast augmentation results
https://predpharm.com/# PredPharm
prednisone buying
This was highly educational. More at shower remodeling
Your blog has opened my eyes to the importance of ventilation in roofs Roofing company
Appreciate the great suggestions. For more, visit اینستا
Had such a smooth buying experience from my local dealer—found them through RV trailers for sale
10 Places To Find Small Two Seater Fabric Sofa Fabric 2 Seater Sofa
Discover the best practices for minimizing Coolsculpting side effects post-treatment on coolscultping , where we share tips and tricks for a smooth recovery