http://news.bbc.co.uk/1/hi/education/8163246.stm
Quote:
A severance payment of £4m was made to the firm which failed to deliver educational maintenance allowances to thousands of 16-18 year olds last year.
The Learning and Skills Council (LSC) also waived its right to £3m in penalty payments from contractor Liberata, the LSC's annual report says.
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Why?
What is it with the present system of always rewarding failure?I understand paying a bonus to a organisation for services above and beyond..but if they fail at the initial task they should get zilch.
It's a crazy way to run big business or local government let alone apply it in our education system..which needs all the funding it can get.Why waste it in this manner?
