by Gilbert B Norman
The Times has reported upon the "story" of compensation paid to the Amtrak C-Suite as bonuses. Other media sources, such as TRAINS Newswire have or will surely report on this story - if it can even be considered as one.
Amtrak’s top executives received six-figure incentive bonuses in 2021, their biggest payouts in years, despite the service’s lackluster financial performance and weak ridership caused by the pandemic, according to data obtained by The New York Times.I have learned that several discussion sites more oriented towards "advocacy" matters are "up in arms" from this disclosure.
The compensation data, obtained through the Freedom of Information Act, showed that annual incentive payouts made to Amtrak’s senior leaders have grown significantly in recent years. Nine top executives received bonuses exceeding $200,000 in the 2021 fiscal year, up from six executives in 2019. Far smaller bonuses were awarded in 2016, 2017 and 2018, and none were given in 2015 or 2020.