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Bonuses

Volume 447: debated on Friday 16 June 2006

To ask the Secretary of State for Trade and Industry how many non-pensionable bonuses were awarded to members of his staff in each of the last three years; and at what total cost. (73029)

Department of Trade and Industry awards non-pensionable bonuses in two formats:

1. Special bonuses, for exceptional performance in particularly demanding tasks or situations. Staff in receipt of a special bonus may also receive an annual performance award.

2. Annual performance awards, paid to highly successful performers as part of the annual pay award.

The number of staff receiving awards, their financial value and their value as a proportion of the total paybill can be seen in the following table.

2003-04

2004-05

2005-06

Special bonuses

Number of staff awarded special bonuses

1,458

1,261

1,237

Value (£)

521,149

498,592

572,902

Performance awards

Number of staff awarded performance awards

1,251

1,263

1,200

Value (£)

1,473,180

1,543,180

1,808,130

Total value (£)

1,994,329

2,041,772

2,381,032

Percentage of paybill

1.16

1.17

1.39