Highways Agency Annual Report and Accounts 2011-2012

Remuneration report for the year ended 31 March 2012: SECTION 7
Salary and Pension entitlements (audited)
The following sections provide details of the remuneration and pension interests of the Agency’s
executive directors.
2011-12 2010-11
Salary Bonus Benefits Salary Bonus Benefits
Payments in kind Payments in kind
£000 £000 (to nearest £100) £000 £000 (to nearest £100)
Graham Dalton 145-150 0-0 - 145-150 5-10 -
Peter Adams 1 25-30 0-0 - - - -
FYE 115-120
Ginny Clarke 105-110 0-0 - 105-110 5-10 -
Stephen Dauncey 115-120 5-10 - 115-120 5-10 -
Simon Sheldon-Wilson 90-95 5-10 - 90-95 5-10 -
Derek Turner 140-145 10-15 - 140-145 20-25 -
Nirmal Kotecha 80-85 35-40 - 150-155 65-70 -
FYE 150-155
Steve Williams 10-15 0-0 - 105-110 5-10 -
FYE 105-110
1
Peter Adams joined the Board on 9 January 2012.
Full-year equivalent salaries are included for those directors joining or leaving the Agency part way through the year (FYE).
Salary
‘Salary’ includes gross salary, overtime, London weighting or London allowances, recruitment and
retention allowances, private office allowances and any other allowance to the extent that it is subject to
UK taxation. The payment of legitimate expenses is not part of salary.
Bonus Payments
Bonus payments relate to performance in the preceding year and are in line with contractual conditions.
Benefits in kind
The monetary value of benefits in kind covers any benefits provided by the employer and treated by
HM Revenue and Customs as a taxable emolument. During the year there were no benefits in kind, no
compensation was payable to former senior managers and no payments were payable to third parties
for the services of a senior manager.
No directors in either 2010-11 or 2011-12 were in receipt of any benefits in kind.
Median remuneration of staff (audited)
2011-12 2010-11
Midpoint of salary range and bonus of highest paid director (£) 155,000 220,000
Number of staff 3,512 3,653
Median point 1,756 1,827
Median Remuneration (£) 25,420 24,097
Ratio 6.10 9.14
• Midpoint of salary range and bonus of highest paid director is calculated by summing the midpoint of
the relevant £5k salary range with the midpoint of the relevant £5k bonus range.
• Median remuneration is the full time equivalent salary, and includes temporary responsibility allowances,
bonus payments and shift allowance where appropriate. ERNIC, and superannuation contributions
payments are not included.
Highways Agency Annual Report and Accounts 2011-12