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RTÉ Release List of Top Earners 07 & 08
12 Oct 2009 :
Pat Kenny
RTÉ has released information on the earnings of its ten most highly paid broadcasters. In 2007 and 2008, Pat Kenny tops the list of earners with a salary of €922,949 and €950,976 respectively for each year.

In previous years the national broadcaster released the salary information, on a voluntary basis, that were two years in arrears. However, the figures for both 2007 and 2008 have been released at this time. A statement said:

“The broader spread of information is being released in recognition of public interest that, at time of economic difficulty and pressure on costs, RTÉ should be managing these costs downward just as it is taking a strong lead in the commercial state sector in reducing other costs.

“The data for 2007 and 2008 is historical data and reflects a period of buoyant trading when RTÉ was experiencing exceptional growth in revenues and when presenter talent fronting the most competitive and revenue-productive programming was in a position to negotiate strong agreements.

“Since that time the economic environment has dramatically changed. RTÉ, like all other media organisations depending on commercial revenues, is facing severe financial challenges and has had to make significant cost savings across the organisation. “

During the summer all RTÉ staff agreed to implement a cut in basic pay and further cost reduction schemes providing for early retirement and career breaks are currently being progressed.

RTÉ anticipates that through the combination of cost reduction measures introduced in 2009 that approximately €56 million of cost savings will be implemented by year end. This represents a reduction in RTÉ’s cost base of approximately 12.5% when compared to 2008.

A review of contracts, including the contracts of the station’s most highly remunerated on-air broadcasters, has also been made.

“RTÉ believes that our audience expects us to retain the services of the most talented broadcasters…As a severe trading environment compels RTÉ to sharply reduce its costs, it is appropriate that the most highly remunerated broadcasters should also reduce their fees,” the statement added.

The total paid by RTÉ to the top ten earners for 2009 will be 11.5% lower than in 2008.


Please note that broadcasters who may appear on RTÉ screens but who do not have a direct contractual relationship with RTÉ, either as an employee or as an independent contractor of one form or another, are not included in the attached lists.

10 HIGHEST REMUNERATED PRESENTERS FOR THE YEAR 2008 ON AN EARNINGS BASIS

RANK

INDIVIDUAL

STATUS

EARNINGS  -  €

1

Pat Kenny Media Services Ltd.
(for the services of Pat Kenny)

Contractor

950,976

2

Balcom Management Ltd.                   
(for the services of Gerry Ryan)

Contractor

629,865

3

Montrose Services Ltd.
(for the services of Marian Finucane)

Contractor

570,000

4

Tuttle Productions Ltd
(for the services Ryan Tubridy)

Contractor

533,333

5

CladdaghgreenLtd.                                            
(for the services of Joe Duffy)

Contractor

408,889

6

Mac Consultants Ltd.                               
(for the services of Eamonn Dunphy)

Contractor

328,051

7

Baby Blue Productions Ltd.                        
(for the services of Miriam O'Callaghan)

Contractor

301,667

8

Derek Mooney

Employee

286,809

9

George Hamilton

Contractor

219,833

10

Sean O'Rourke

Employee

218,656

       
10 HIGHEST REMUNERATED PRESENTERS FOR THE YEAR 2007 ON AN EARNINGS BASIS

RANK

INDIVIDUAL

STATUS

EARNINGS - €

1

Pat Kenny Media Services Ltd.                   
(for the services of Pat Kenny)

Contractor

922,949

2

Balcom Management Ltd.                           
(for the services of Gerry Ryan)

Contractor

676,354

3

Montrose Services Ltd.                                
(for the services of Marian Finucane)

Contractor

470,013

4

Claddaghgreen Ltd.                                     
(for the services of Joe Duffy)

Contractor

377,648

5

Trocity Productions Ltd.                               
(for the services of Ryan Tubridy)

Contractor

366,867

6

Baby Blue Productions Ltd.                         
(for the services of Miriam O'Callaghan)

Contractor

290,767

7

Derek Mooney

Employee

288,833

8

Mac Consultants Ltd.                                  
(for the services of Eamonn Dunphy)

Contractor

285,915

9

Sean O'Rourke

Employee

232,820

10

John Kelly

Contractor

215,636

 

NOTE 1: DEFINITION OF EARNINGS BASIS

EMPLOYEES: The Earnings shown represent all amounts payable by RTÉ to the employee, including pension contributions and other benefits, irrespective of the timing of their payment, for his / her services during the years in question and encompassing both amounts earned under contract and in relation to any additional services provided over and above their contractual commitment. This treatment of the disclosure of Employee Earnings is analogous to the requirements set out in the Companies Acts in respect of the disclosure of Directors Remuneration.

CONTRACTORS: The Earnings  shown represent the amounts payable by RTÉ to the contractor, excluding value added tax, irrespective of the timing of their payment, for presenter services during the period, and encompassing both amounts earned under contract and in relation to any additional services provided over and above those contractually committed.

NOTE 2: TREATMENT OF EMPLOYER'S PRSI & IRRECOVERABLE CONTRACTOR'S VAT

As with the computation of disclosable Directors' Remuneration under the Companies Acts, the amounts set out above for the earnings of employees exclude employer's PRSI which is viewed as being a charge on the company rather than an element of an employee's remuneration. RTÉ is responsible for employer's PRSI on the income of each of its employees at rates of 2.35% or 10.75%, depending on the time of the employee's recruitment. Correspondingly the amounts set out above for the Earnings of Contractors exclude VAT. It should be noted that due to its VAT status, RTÉ is not entitled to recover approximately half of the VAT charge billed to it by suppliers including the named contractors.





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