RT exceeds commitment to reduce presenter earnings

RT exceeds commitment to reduce presenter earnings RT has confirmed a 40% reduction in Top Ten presenter earnings. In accordance with a previous commitment made by the Director-General of RT to the Oireachtas Joint Committee on Communications, Energy and Natural Resources to publish information on top talent earnings, RT today confirmed delivery of a 40% reduction in the fees earned by the top ten paid presenters at Ireland's national public service media organisation for 2014, as compared to 2008. The reduction exceeds the publicly stated commitment given by RT to reduce fees paid to on-air presenters by at least 30% compared to 2008 levels.

Fees for the highest-paid presenters have been reduced by RT in each successive year since 2008, with delivery of 40% savings in 2014 following a delivery of a 30% reduction in these fees in 2013, as compared to 2008.

RT Director-General, Noel Curran, said: With our commitment to reducing top talent presenter fees by over 30% we acknowledged that fees were too high in the past and needed to be reduced. The audited figures released today for 2012, 2013 and 2014 see RT exceed our public commitment to significantly reduce the fees paid to our on-air talent, while continuing to value the contribution they make to our public service. The reductions come as part of a comprehensive programme of reform which has taken place across the organisation in recent years and which has helped RT deliver a break-even financial result in each of the last two years.

The total Top 10 presenter earnings for 2014 represents less than 1% of RT 's total operating costs in 2014 and less than 2% of total personnel related operating costs. RT has reduced its 2014 operating costs by almost 130 million compared to 2008 levels, which represents a reduction of 29%.

Attached Table: 10 Highest Paid Presenters 2008, 2012, 2013, 2014 on an Earnings Basis.

ENDS

March 15th 2015

Neil O'Gorman, Corporate Communications Manager (Acting), RT , neil.o'gorman@rte.ie, 087 2077192

Joseph Hoban, Head of Communications & Brand Development, RT , joseph.hoban@rte.ie, 086 8128662

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LINK:	http://www.rte.ie/about/en/press-office/press-releases/2016/0315/77508...
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