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20 Oct 2019 11:26
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  •   Home > News > Rural

    Fonterra has slapped a pay freeze on its top-earning executives

    Fonterra has slapped a pay freeze on its top-earning executives


    Fonterra
    Fonterra
    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.

    © 2019 Newstalk ZB, NZCity


     Other Rural News
     18 Oct: Trouble at Fonterra, but not of the financial kind this time
     17 Oct: Emergency services are trying to establish what caused a chemical explosion at a Fonterra plant north of Whangarei
     16 Oct: Despite public perception - a dairy farmer says most farmers... are doing they best job they can
     16 Oct: Global dairy prices have edged up point-five-percent at Fonterra's latest overnight auction
     09 Oct: The Agriculture Minister says improving the performance of Fonterra is in everyone's interests
     08 Oct: Mercury's CEO is off to Fonterra
     08 Oct: A threat to meat and dairy farmers - and the national economy.
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     Today's News

    International:
    North America correspondent Conor Duffy reflects on three years of reporting in the US 11:16

    Accident and Emergency:
    A member of a hunting party has died in the Kaweka Forest Park last night 11:06

    Politics:
    Brexit delay request sent to EU, along with letter arguing against it 10:56

    Soccer:
    Racism has once again marred a football game in Europe 10:46

    Rugby:
    Australian coach Michael Cheika has deflected a question about his position with the Wallabies after the were bundled out of the Rugby World Cup 10:26

    Rugby:
    All Blacks first five Richie Mo'unga is lauding the man who played one spot inside him during the 46-14 Rugby World Cup quarter-final win over Ireland in Tokyo 10:26

    Soccer:
    Two one-all draws in football's A League 10:26

    Basketball:
    The Adelaide 36ers have beaten the Brisbane Bullets 104-98 in the Australian basketball league 10:06

    Auckland:
    A person's critically injured in hospital after a fall in an Auckland suburban town square 9:56

    International:
    How did Indonesia's Jokowi and Prabowo go from enemies to best mates? 9:06


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