London, Aug 24 (SocialNews.XYZ) Despite job cuts within the organisation due to Covid-19, the top executives of the England and Wales Cricket Board (ECB), including chief executive officer Tom Harrison and managing director of The Hundred competition Sanjay Patel, are expected to share a projected ?2.1m bonus amount.
There were 62 job cuts last year in the ECB.
The Guardian newspaper has reported that CEO Harrison, who was paid ?5,12,000 last year despite voluntary pay cut, and Patel are among the recipients of the bonus money.
ECB has said that the bonus is a "retention tool for key senior leaders" to "reward and encourage the long-term performance and growth of the organisation/game".
The ECB is looking to improve its financial position after a disappointing Covid-affected 2020. It has looked upto The Hundred to improve its financial position.
Harrison has looked optimistic and has said that the current year has seen improvement.
"[The losses last year were] punishing for the game. There's an impact on our ability to do all of the things we wanted to do... including infrastructure funds, and plans for increasing the [ECB] reserves have suffered a setback," he was quoted as saying in the paper.
"This year has so far been a good recovery. Given limited crowds for the Blast and early season audiences there will still be a significant impact on the county game. But it feels like we are emerging from the Covid crisis."
Source: IANS
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