This is from 2010-2011
https://www.whatdotheyknow.com/request/ ... 010512.pdf" onclick="window.open(this.href);return false;
For the financial year 2010-11, 14,923 managers were paid a total of £24,986,626 performance-related bonuses. This figure should be seen against Royal Mail Group’s £5,242 million pay and pension costs in the 2010-11 financial year and it amounts to 0.5% of this overall total. The average bonus paid to managers was £1,674 in the 2010-11 financial year. Royal Mail Group’s approach to management remuneration is to avoid any situation where managers are rewarded irrespective of performance. Instead, bonuses have to be earned. In 2010-11, Group operating profit fell compared to the previous year and as a result, across the management population, around two thirds of the potential bonus payments available were not paid.
SO I guess the bonuses if paid
will be larger than this example.