Date: 12 August 2022
Disclosure:
‘- The total amount of performance awards given to employees at the Bank of England for each of the last three years, with the year ending February 28 2022.
- The number of awards made in the year March 1 2021 to February 28 2022.’
Please see the table below showing the number of Bank of England (‘Bank’) staff who have received performance awards and the total amount of them, broken down by year for the last three years:
| Year | Number of staff who received awards |
Total amount |
|---|---|---|
| 2021/2022 |
4263 |
£23,325,265 |
| 2020/2021 |
3971 |
£22,080,732 |
| 2019/2020 |
3897 |
£21,393,110 |
‘- The number of awards made by amount for the latest year to February 28 2022, in bands of £5,000.’
The table below shows the number of performance awards given in each £5,000 band for the 2021/2022 year:
| Band |
Number of staff |
|---|---|
| £0-£5,000 |
2167 |
| £5,001- £10,000 |
1733 |
| £10,001-£15,000 |
329 |
| £15,001-£20,000 |
34 |