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  "documentTitle": "Rail industry cost and revenue sharing (2011)",
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  "authorName": "L.E.K.",
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      "text": "Calculation of company pot -> Split into functions -> Distribution to individuals",
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      "text": "Company pot is calculated in a similar way to the Executive Grade bonuses; the base salary percentage decreases with seniority of Band; each 'mechanistic' measure is weighted twice that of 'judgemental' measures; All Bands have an annual incentive component; Only Bands 1 and 2 have a long term incentive component",
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      "text": "Performance Pay Leaders allocate bonus awards from the function bonus pot to individuals based on individual performance",
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      "text": "The total company pot is split between functions to create a function bonus pot; Functional Directors can split this at their discretion and distribute to Performance Pay Leaders",
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      "kind": "source-note",
      "text": "Source: NR Management Incentive Plans 2009/10 ORR/ATOC/Network Rail. Rail industry cost and revenue sharing.",
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      "text": "The Management Incentive Plan for Bands below Executive Grades has a different format",
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