RTE redundancies

ford fiesta

I wonder who of the on-air presenters will avail of redundancy across all RTE Radio channels and be gone by the end of this year ?

elperello

https://www.boards.ie/discussion/2058417362/rte-redundancies

It's interesting to speculate but I have no idea who might go.

I hope we don't lose any of my favourites but maybe that's a bit selfish.

GSF

if you are 4 or 5 years away from retirement and been working there for 20 years it makes perfect sense- you can probably guess based on that criteria

ford fiesta

https://www.boards.ie/discussion/comment/123566846#Comment_123566846

without naming names, a good few ex-2FM on air staffers between the ages of mid 50s to mid 60s are still knocking around and most are on-air in some capacity, or producing.

horgan_p

I'm sure John Creedon could take the money and run to another station.

And at 67 he'd fit the criteria nicely.

Dublin Calling

https://www.boards.ie/discussion/2058417362/rte-redundancies

Have RTE approved this with the WRC and Revenue? You can only make the Post redundant, not the person.

OK, Ok. I know this is RTE and normal rules of the land do not apply.

GSF

https://www.boards.ie/discussion/comment/123566956#Comment_123566956

it’s a voluntary scheme. Capped at 300k - if you were there 20 years you’d get 120 weeks of your current salary so 2 and a half year’s salary basically to leave

Dublin Calling

https://www.boards.ie/discussion/comment/123566978#Comment_123566978

Yes, but if the post is not being made redundant the payment is not tax free.

RTE already ran into this issue when the CFO was made took redundancy, but a new CFO was hired. RTE ended up paying (Kevin said so) the former CFO's Income Tax on their redundancy. This in turn is taxable as a BIK which is subjective to Income Tax, USC, PRSI Employee and PRSI Employer. So to pay say 100k in Income Tax for an employee costs employer the guts of 200k +.

Peter Dragon

it would be amusing but not entirely surprising if one of the self-employed contracting superstars applied for the redundancy packages. Joe Duffy memorably complained about a lack of sick pay when he broke his leg demonstrating his knowledge of the differences between being an employee and a contractor.

ford fiesta

Take for example RTE Gold - you'd wonder if the "big staffer names" (including the station head) were to avail of the redundancy scheme - where would that leave the station ?

most of the presenter schedule would be wiped out (apart from fanning, collins and weekenders such as mcnamara, moore, dunne).

my guess is, if this happened you would hope RTE would fill the holes in the Gold schedule with staffer presenters who have chosen to stay in RTE and are not being utilised very much apart from wandering the corridors - and that RTE would not recruit from the independent sector for Gold presenters adding more cost to RTE overall.

GSF

https://www.boards.ie/discussion/comment/123567055#Comment_123567055

they’d get something like 40k tax free - and 2 years salary - I suppose it depends on whether they could find gainful income elsewhere after Rte 🤔

Dublin Calling

https://www.boards.ie/discussion/comment/123567058#Comment_123567058

According to reports Des Cahill and another high earner are working to getting their Bogus Self Employment reclassified for PRSI purposes. This is the first stage in the getting their pensions back funded and/or a redundancy payment.

https://businessplus.ie/news/des-cahill-psri-case/

ZaK23-54

I’d be very surprised if that would be transparent from a Revenue prospective and am sure RTÉ Investigate will follow the story..

For Petes Sake

I’ve heard Mary Wilson might take redundancy.

She’d be a massive loss if that’s the case.

elperello

https://www.boards.ie/discussion/comment/123566941#Comment_123566941

https://www.boards.ie/discussion/comment/123567119#Comment_123567119

That's two of my favourites put in the frame.

I'm starting to get nervous.

squonk

The organisation had gonna say on who actual gets redundancy though. If you apply but are actual fended too valuable to the organisation, it can be refused. At least that’s how it works in the real world anyway

Peter Dragon

https://www.boards.ie/discussion/comment/123567260#Comment_123567260

Never thought I’d see “RTÉ” and “the real world” in the same post. 🤣

Peter Dragon

https://www.boards.ie/discussion/comment/123567077#Comment_123567077

That case may have inspired my question……

I was told who the other person is by someone who would know these things last week, but as it’s not in the public domain I won’t say their name. It will likely come out soon enough though and all I’ll say is you won’t be in the least surprised as to who it is.