No one at RTÉ will be paid more than the CEO’s salary under the maximum pay cap set under a new strategic vision for the broadcaster, a staff meeting has heard, reports RTE.
The agency’s new strategic vision says pay will be cut “as contracts expire… and by reviewing and reducing allowances”.
The plan, announced by Director General Kevin Bakhurst, also sees the broadcaster cut the salaries of RTÉ’s highest-paid presenters.
Mr Buckhurst said RTÉ would become a smaller organization over the next five years but the role it played in Irish life would not diminish.
The agency’s new strategic vision, published this afternoon, outlines that staffing at the station will be cut by 20%, or 400 people, over the period.
Forty posts funded by the sale of land at the Donnybrook campus in 2017 will soon be made redundant.
Staff reductions will be made through normal attrition and retirement processes, as well as through a voluntary redundancy program, specifically aimed at reducing the number of employees with salaries above EUR 100,000, reports RTE.
However, the strategy assumes that targeted recruitment will continue at the company.
The plan also includes spending cuts of at least €10 million next year to help close public funding ceilings caused by falling license fees.
As a result, Bakhurst says 2024 will be a challenging year and one where the cost base will need to be carefully managed.
“Hard choices will be made,” he says, reports RTE.
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