Royal Mail boss Adam Crozier claims £1.3m package - Business - Evening Standard
       

Royal Mail boss Adam Crozier claims £1.3m package

It was hair-shirt time at the Royal Mail, although chief executive Adam Crozier still managed a pay packet for the year of £1.3 million.

Crozier caused a storm a year ago when he pocketed more than £3 million and was snapped soon after enjoying a Caribbean holiday at the exclusive Sandy Lane hideaway on Barbados.

Royal Mail claimed Crozier's pay this year has been trimmed by more than two thirds to less than £1 million.

On top of a £633,000-a-year salary, he received £206,000 to put in his pension, £17,000 of other perks and what appears to be a performance bonus apparently pegged back to £139,000.

However, closer inspection shows that Crozier has deferred a further £314,000 bonus. The average Royal Mail worker is paid £23,000.

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