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Posted on 05/16/2010 2:36:02 PM PDT by bruinbirdman
David Cameron has vowed to crack down on "crazy" bonuses paid to civil servants as the new Government seeks to reduce the costs of the bloated public sector.
Out of control hand-outs, which this year will be paid to three-quarters of senior civil servants, are to be restricted to high performers.
Under the terms of Whitehall contracts signed by Labour ministers at the height of the recession, bonus payments can not be cancelled by the incoming Government.
In future, however, windfalls across the public sector will be restricted to employees who have performed “exceptionally well,” with only the top 25 per cent eligible for the payments.
A separate commission will limit pay for the heads of state bodies to no more than 20 times that of staff on the lowest salaries.
And a taskforce, to be launched on Monday, will begin examining all Government expenditure to seek ways to cut back on “irrational” spending.
It will identify “poison pills” - spending commitments entered into during the “dying days” of the last government.
George Osborne, the Chancellor, will within days set out the broad areas where he anticipates he will be able to find £6 billion in efficiency savings.
Fuller plans are due to be set out in an emergency budget next month, which will be followed by a comprehensive spending review .
The Prime Minister said that since taking up their new posts, his ministers had been horrified at the spending decisions taken by their predecessors.
"From the large to the small, we are going to take action to stop the very bad decisions that were taken in the dying days of the last Labour government,” he told on the BBC’s Andrew Marr show.
"What we have seen so far are just individual examples of very bad procedures
(Excerpt) Read more at telegraph.co.uk ...
and meanwhile spend billions on “green initiatives”.
yitbos
Cameron promised Hope & Change for the UK.
As we already know here in the US, this is what it looks like.
The largest employer in the UK is the NHS.
Cut.
What the heck can a government worker do to earn a bonus? I don’t even want to know if the US government pays bonuses to its its workers. It never occured to me that this was even possible. I think my head is going to explode.
A touch of libertarian principles in Great Britain. Who’d hav guessed?
Yes, the Post Office, Fannie Mae and Freddie Mac are only quasi-public and they pay bonuses.
The bureaucrats will respond by rating everyone’s performance as “exceptional”.
Socialist Pirates.
Corzine did exactly the same thing in NJ, just before he was kicked out of office.
Anyone have anyone doubts that 0bozo will do exactly the same thing (and screw us up for the last time), just before he gets kicked out of office in 2012? I don't.
These are not the ordinary schlubs in the bureaucracy. The term “rich fatcat buddies” comes to mind.
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