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 The Myopia Of The Business News

Listening to the business news is a bit like eavesdropping on the radio transmissions from space aliens. There is no discernible connection between the concerns of the captains of these space ships – the bank economists and the finance house spokesmen – and the concerns of ordinary listeners back on Planet Earth. More>>

ALSO:

Gordon Campbell: On Clinton, Sanders, Trump And Cruz

Come November, the world will have a new US president-elect and the least unlikely winner still looks to be Hillary Clinton. Right now though, the polls are showing a rocky stretch ahead for her in the immediate future. More>>

ALSO:

Binoy Kampmark: Sean Penn And El Chapo - Vanity, Hollywood And Reportage

Leaving aside Sean Penn’s personal history with drug use, let alone alleged efforts to get a slice of celebrity in portraying a drug lord, the furore surrounding his interview with El Chapo is instructive in a few respects. One is worth noting: the blind rage it has provoked with some US political figures and advocates who show how utterly lacking in understanding they are of their own liberal market system... More>>

ALSO:

Gordon Campbell: On Podemos, And Spain’s Election Stalemate

By hard grassroots effort, it convincingly rejected the fragmented, individualising forces that had shaped political life for the past few decades – instead, it organized its supporters on the basis of their common, communal experience via collective decision-making aimed at rolling back (a) the austerity-driven cutbacks in public services and (b) the home evictions of those unable to meet their mortgage payments. More>>

Binoy Kampmark: Merkel, Refugees And The Cologne Attacks

Huge pressure was already on Angela Merkel’s shoulders prior to the New Year celebrations. When it came in its waves of chaos on the eve, the security services in Cologne were found wanting. The police document from Cologne, leaked to Der Spiegel, speaks of chaos and lack of control. More>>

NZ Media In 2015: ‘Digital First’ Strategies Put Journalists Last

Journalism in New Zealand is threatened by the constant culling of editorial jobs and current affairs programmes… Additionally, journalists investigating issues which are in public interest have become under scrutiny as seen most clearly in the cases of Nicky Hager and Heather Du-Plessis Allen. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
Top Scoops
Search Scoop  
 
 
Powered by Vodafone
NZ independent news