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hiding bad news - Olympic mandarins get paid a fortune at end of contract

10 replies

specialsubject · 22/07/2013 12:33

www.bbc.co.uk/news/uk-england-london-23395764

the thing was 3 times over budget, BTW. So clearly the 'best talent' wasn't that good.

OP posts:
mrsdinklage · 22/07/2013 12:46

special - your link didn't work -but I'm expecting a pile of bad news will come out in the next few days as the media are too busy covering Crown

VonNeurosis · 22/07/2013 13:01

They delivered a fantastic games, they've earned the money.

Reality · 22/07/2013 13:02

What are mandarins, in this context?

Was that a typo, or has my brain finally melted?

specialsubject · 22/07/2013 13:15

sorry - lazy speak on my part for middle managers with no real ability.

it was an excellent games. With infinite money anything is possible.My point is that they are being rewarded for not meeting targets. In the real world you get sacked for that.

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CogitoErgoSometimes · 22/07/2013 13:17

If it was an excellent games and well-managed, surely those responsible for managing it successfully deserve rewarding?

Xales · 22/07/2013 14:05

I don't get why they weren't on a fixed length contract. The Olympics wasn't a permanent thing.

Xales · 22/07/2013 14:06

Sorry I read/heard they were getting redundancy not bonus.

edam · 22/07/2013 20:50

"The financial reports of the Olympic Delivery Authority (ODA) show 144 officials were paid a share of more than £2m ahead of the authority winding down in 2014.

Exit payments, to staff on permanent contracts, cost £2.8m in 2012-13, the Annual Report and Accounts said.

Chief executive Dennis Hone was paid £80,000 with £373,000 for his pension.

An ODA spokesman said hiring the best people required many to give up secure long-term jobs elsewhere."

Jeez. If most people were hired on fixed-term contracts, they wouldn't get a penny at the end. As per ruddy usual in modern British business, it's one law for the rich...

specialsubject · 23/07/2013 16:58

no, it was not well managed. It was three times over budget.

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Solopower1 · 27/07/2013 14:54

One of the most important things, imo, is that having put up with the incredible disruption for several years, the local people should at least be able to benefit from the facilities for years to come (as promised). Are they, does anyone know?

I hope they were rewarded by more than the warm glow that comes from doing a public service.

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