The figures released on 23 May showed Crozier's basic
salary in 2007-8 remained unchanged at £633,000, but this was increased
to £843,000 because of an annual performance bonus and other benefits.
He
also got £1.99million for a long-term incentive plan covering three
years and a cash supplement in lieu of pension of £208,000, according
to the Royal Mail annual report.
Royal Mail chairman Allan
Leighton, whose pay and bonus remained at £200,000, said of Crozier's
salary: "The payment covers three years during which the group has
consistently exceeded expectations and met all the targets set by the
shareholder."
The annual report also revealed that Ian
Griffiths, who left his job as managing director of the letters
business last year, received £500,000 as compensation for loss of
office - after doing the job for only a year.
Roger Clarke, a columnist from Birmingham Mail characterised Mr Crozier. He wrote: "The guy seems to know just as much about postal services as he
did about football but he probably has some business studies
qualification which is all you need in Britain these days. You don't
need to know anything about the industry concerned, how to make
anything, provide a service or anything useful, just know all the right
buzzwords and cut lots of costs."