Severance and wider benefits for senior BBC managers: Report by the Comptroller and Auditor General presented to the BBC Trust Finance Committee, 20 June 2013

Title
Severance and wider benefits for senior BBC managers: Report by the Comptroller and Auditor General presented to the BBC Trust Finance Committee, 20 June 2013
Date
1 Jul 2013
Link
http://www.nao.org.uk/report/severance-and-wider-benefits-for-senior-bbc-managers/
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Publisher
BBC Trust; National Audit Office
Subject
BBC
Inactive
No
Description
The report finds that the savings the BBC has made from senior manager redundancies exceed the cost of the severance payments. However, the report also finds that the BBC has breached its own policies on severance too often and without good reason, exceeded contractual entitlements and put public trust at risk. The report concludes that the severance payments for BBC managers have therefore provided poor value for money.

Among the NAO’s recommendations are that the BBC should include within its remuneration strategy the principles that will guide decisions on severance entitlements, and ensure that its revised severance polices are communicated clearly and consistently applied. The BBC should increase scrutiny of severance payments that differ from standard entitlements. The BBC Trust accepts these recommendations and will ensure they are implemented in full.

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