BSkyB rewards top staff with big payouts

BSkyB has awarded its top staff full bonuses and big pay rises after a recession-busting performance last year.

Salary figures released by the broadcaster showed chief executive Jeremy Darroch took home a pay packet of over £2.6m last year, including a £1.7m bonus for hitting the maximum performance expected of him. The year before Darroch took home £2.33m.

However Darroch is being paid less than his predecessor, James Murdoch. Rupert’s son took home over £1m a year as chief executive.

The company’s only other executive director, Andrew Griffith, also saw a rise in his wage slip, taking home £1.24m – a 17 per cent top up from the year before.

BSkyB also reported an 11 per cent increase in revenues to £5.9bn for the year to 30 June.

Sky recently signed up its three millionth subscriber to its high definition services, and with a reported 9.86 million customers, is just shy of reaching its target of 10 million subscribers by the end of the year.

This article appears in issue 251 of Media Digest.

(Source: MediaGuardian)

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