Book Reviews | Gordon Campbell | News Flashes | Scoop Features | Scoop Video | Strange & Bizarre | Search

 


TVNZ’s Top Earners

TVNZ’s Top Earners

A sharp rise in the number of high earners at TVNZ is revealed in the crown-owned television company’s 2011-12 annual report.

The number of employees in the $100,000-$120,000pa bracket has jumped from 73 to 87, an increase of just under 20% in a year.

Of the 87 employees in that salary range, 56 earned $100,000-$110,000 and 31 were on $110,001-$120,000. The comparable figures in 2010-2011 were 41 and 32, hinting at a big boost in numbers and pay for the broadcaster’s middle management.

At the top of the tree, TVNZ’s chief executive, Kevin Kenrick, starts out on $810,000-$820,000. Formerly with Telecom and House of Travel, Kenrick took over in May from Rick Ellis who got TVNZ’s top salary up to a record $910,000-$920,000 before crossing the Tasman to head Telstra’s digital media division.

Salaries at TVNZ rose steadily after Ellis began his second stint as chief executive in 2006 on a salary in the mid-$600,000s. The number of employees on $100,000-plus a rose 34% from 152 in 2006-2007 to 204 in 2011-12.

The latest annual report also reveals that TVNZ paid out $1.5 million in compensation to 34 employees whose employment was terminated in the 2011-12 year, down from the $2.1 million paid to 44 redundant staffers the previous financial year.

ends

© Scoop Media

 
 
 
 
 
Top Scoops Headlines

 

Gordon Campbell: On Donald Trump, And Dr Dre

For the past few months, you, me, and Rupert Murdoch have been waiting for the wheels to fall off the Trump campaign, and for some drab incarnation of business-as-usual (Jeb Bush, Scott Walker) to emerge as the real Republican standard bearer in next year’s presidential election... More>>

ALSO:

Hiroshima: 70 Years On, The Nuclear Threat Looms As Large As Ever

Rumours had been circulating in Hiroshima that the city was being saved for something special. It was. The burst of ionising radiation, blast, heat and subsequent firestorm that engulfed the city on August 6 killed 140,000 people by the end of 1945. More>>

ALSO:

#FutureOfNews: Challenge & Solution - A ''New Scoop''

The development of Scoop's new "Ethical Paywall" approach to licensing commercial use of its news content and addressing the current State of the NZ News Media and the challenges being faced news media everywhere. More>>

ALSO:

Lyndon Hood: God Defend The National Anthem

Recently Labour leader Andrew Little said – deliberately, I think – that he didn't like New Zealand's national anthem and many New Zealanders preferred to sing along to the Australian one. More>>

Keith Rankin: Centenary Of The Battle For Chunuk Bair

I don't agree with the view that our national identity was forged at Gallipoli, despite the rah-rah about this in the week leading up to Anzac Day... What concerns me now, however, is our lack of respect for our own history. Why have we switched off? More>>

ALSO:

Werewolf: Pitch Perfect

Among his other blessings, Pope Francis has been a gift to the world of marketing studies. There can be few other examples where a leader has transformed the perception of an enterprise so thoroughly, but without making any discernible change to its core principles. More>>

ALSO:

US Politics: The Democrats Try To Engage With America (Again)

Venues are being rebooked to accommodate the thousands of people coming to listen to Vermont Senator, avowed socialist, and presidential aspirant Bernie Sanders talk about the redistribution of wealth. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
Top Scoops
Search Scoop  
 
 
Powered by Vodafone
NZ independent news