The 5-7 million dollar man

The Engineering Printing and Manufacturing Union have described the record $5 million payment to Telecom’s CEO Paul Reynolds as  “driven by shameless greed and a complete disregard for the network they’ve been entrusted with”.
EPMU national secretary Andrew Little says the news of Reynolds’ payment could not be more insulting to the hundreds of highly skilled lines engineers whose lives are currently being turned upside down by Telecom’s attempt to force a vicious contract on them.
“Right now our members are being made redundant and Telecom is trying to force them into a situation which would see them lose all employment protections and have no guarantee of work or income.”
The NBR reports that Reynolds’ total pay package is more around the $7 million mark.


0 Responses to “The 5-7 million dollar man”

  1. Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

You can contact us at:

0800 FINSEC (0800 346 732)

Creative Commons License
Join Now 0800 FINSEC

RSS LabourStart – act now to help other workers

  • An error has occurred; the feed is probably down. Try again later.

Finsec Photos



%d bloggers like this: