New City & Guilds owners tripled bosses’ pay amid £22m cost-cutting drive
by Simon Goodley from World news | The Guardian on (#72YXC)
Total pay of the qualification body's top six executives has risen by 240% to 6.2m since charity sold it
The new owners of the vocational training body City & Guilds appear to have more than tripled the pay of its top six executives right at the moment the company is cutting 22m of costs and shrinking its UK workforce.
The large increases to salary and bonuses have emerged during a scandal over the sale of the qualification awards business by its former owner, the UK charity City & Guilds London Institute (CGLI), to the international certification company PeopleCert.
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