Wednesday, June 29, 2011

Deal or no deal ?

The Telegraph claims to have some of the figures in the BBC's forthcoming Annual Report. It says Deputy DG Mark Byford got a pay-off of nearly £950k, and Director of Marketing & Communications, Sharon Baylay, £390k.  It seems to me the Baylay deal is the one that's odd.   Here's part of the BBC's rules on redundancy - found via FOI.












Byford's final salary was £475k.  Thus £950k seems about right, given that he joined in 1979.  Baylay's final salary was £310k, but she'd only been in the job two years.  By my calculations, that would produce a redundancy payment of just under £52k.   Did the BBC really add another year's salary for "notice" - if so, why ?

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