Chief executive Miles Hurrell has emailed staff to say those earning more than a hundred thousand dollars won't get annual pay increases in the year ahead.

According to the 2018 financial report, more than six thousand of Fonterra's 22-thousand staff earn a hundred grand or more.

>> More Rural News

Other Rural News

23 Jan: Dairy farmers could be in an earlier-than-expected pay day

22 Jan: Fonterra's taking its growing organic business south for the first time

15 Jan: Potential for a dairy price recovery

15 Jan: Fonterra's boss says farmers are used to volatility in prices and payouts

26 Dec: Some good news on the horizon for cattle and sheep farmers

19 Dec: The Reserve Bank's weighing in on the Fonterra deal

12 Dec: Dairy farmers are being warned they'll be taking a cut in earnings, due to falling global dairy prices

Top Stories

RUGBY
New Zealand Rugby interim CEO Steve Lancaster says their All Blacks coaching policy change, to only accept candidates with test experience, isn't admitting they got it wrong with Scott Robertson More...

BUSINESS
US copied Iran's Shahed drones — now they are deployed in the Middle East More...

Today's News

Cricket:
New Zealand batter Mark Chapman is in awe of India's ability to swing the willow in their T20 cricket series, which doubles as their World Cup build-up 17:07

Entertainment:
Rebecca Loos is pleased Brooklyn Peltz Beckham is "standing up for himself" 17:01

Cricket:
The Auckland Hearts have qualified for the women's elimination final of cricket's Super Smash 16:57

Entertainment:
Claire Foy has likened starring in The Crown to being in a "blockbuster film" 16:31

Politics:
The Minister for Children's slamming a new policy position released by Te Pati Maori - to abolish prisons by 2040, and replace them with community-led solutions 16:27

Environment:
No certainty New Zealand's summer will improve in coming months 16:17

Rugby:
New Zealand Rugby interim CEO Steve Lancaster says their All Blacks coaching policy change, to only accept candidates with test experience, isn't admitting they got it wrong with Scott Robertson 16:07

Entertainment:
Timothy Busfield has been edited out of the movie You Deserve Each Other in the wake of his child sex abuse charges 16:01

Politics:
The Prime Minister's echoing our Foreign Minister's concerns about the World Health Organisation 15:57

Entertainment:
Jodie Foster still has scars after being "mauled by a lion" as a child 15:31

News Search

Power Search