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Crozier's £1m pay revealed as postal strike talks resume
Ross Lydall and Dick Murray2 Nov 2009
The chief executive of the strike-hit Royal Mail has been paid almost £1 million in the past year.
Details of Adam Crozier's pay packet emerged today as talks resumed with a view to ending the bitter dispute between Royal Mail and the Communication Workers Union.
Five days of action have been held already, with two all-out strikes planned for Friday and Monday.
Mr Crozier was paid £995,000 in 2008/9 - £633,000 in salary, £139,000 in bonuses, £17,000 in further benefits and £206,000 as a cash supplement in place of a pension payment.
He has banked £2.4million in performance bonuses and £ 3.6million in pay since taking over as chief executive in 2003.
Royal Mail management and the CWU were today considering proposals from TUC general secretary Brendan Barber to end the strike.
Leaders of the CWU and bosses from Royal Mail spent the weekend considering the proposals. Fresh stoppages are threatened unless there is a breakthrough in the next few days.
Up to 60million items are thought to be stuck in the post after three days of action last week.
Royal Mail hopes to clear this by mid-week but there could be more strikes in the run-up to Christmas if no agreement is struck.
Reader views (6)
I hear a rumor Adam Crozier has been moonlighting in USA
if its true we should get a rebate for the time he has not been on the job
- Jack At Sea, Gosport UK, 02/11/2009 15:45
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Is it any wonder that the Royal Mail wokers are disgruntled and on strike. How about Crozier and his management team taking a substantial wage cut as a gesture of goodwill and union leaders should do the same. If he gets performance bonuses , I cant understand why.. the service has been rubbish for many years.
- Strongbow Sullivan, Paris,France., 02/11/2009 14:45
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I'm not surprised that he earns this much I just wish he would employ postmen in my area who can put our post in theRIGHT letter box.
- Mike M, Bedford England, 02/11/2009 13:05
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Did you say "performance" bonuses?
- Bloke, Lambeth, 02/11/2009 11:04
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and there lays the problem 1 million pound a year pay and what does the average postie earn?
I'm sure there are people just as good out there who would work for £100,000 a year.
- Terence Harrington, Canterbury, UK, 02/11/2009 10:44
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That's pretty average for a running a company of that size and complexity. I'm sure Mr. Crozier is a smart guy that has worked hard to get where he has, unlike many union leaders on £400k a year (go look it up).
Unfortunately, from a career perspective, I'm sure the captain of the Titanic was paid well also.
- Hansel, London, 02/11/2009 09:51
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