Home > Social Issues, The Body Politic > Lies, Boards, and Aucklandports (#Toru)

Lies, Boards, and Aucklandports (#Toru)

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"Collective contract? You'll take what you're given, sonny-jim, or I'll plug ya full'o'neoliberal lead!"

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With the recent propagandising undertaken by Ports of Auckland Ltd (POAL) , using ratepayer’s money, I thought it might be timely to actually put some earnings into perspective.

The following figures are all taken  from various sources, and collated for your perusal and consideration.

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Incomes for Various

(All figures gross)

WHO?

HOW MUCH PER YEAR

HOW MUCH PER HOUR

NOTES
Graeme Hart, NZ’s richest man

?

?

Current worth: NZ$7 billion
Paul Reynolds, Telecom CEO

$1,750,000

$841.35

* To year ending June 2009* Not including $5,303,000 in bonuses, allowances, & perks
Prime Minister John Key

$411,510

$197.84

Not including perks & allowances
Cabinet Ministers

$257,800

$123.94

Not including perks & allowances
Members of Parliament

$141,800

$68.17

Not including perks & allowances
POAL CEO Tony Gibson

$750,000

$360.58

Not including perks & allowances
POAL Board Directors

$70,833 (ea.)

$34.05

Total fees; $425,000 p.a. divided by 6 Directors. (Part time positions)
POAL Stevedores

$56,700

$27.26

* Not including allowances
Australian Stevedores

Grade1: NZ$40,414 (A$31,429)

Grade6: NZ$60,528 (A$47,070)

Grade1: NZ$19.43 (A$15.11)

Grade6: NZ$29.10 (A$22.63)

* Figures in NZ dollars (Australian dollars) Oanda Currency Converter Rate A1:NZ1.286

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All figures based on sources below.

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Sources

NZ Herald:  NZ’s richest man rises up Forbes Rich List

NBR:  How Paul Reynolds’ pay stacks up against the competition

NZ Herald:  Two men and a port in a storm

Members of Parliament Salaries payable under section 16 of Civil List Act 1979

Ports of Auckland Ltd (POAL) 2010-2011 Financial Report (p18)

Ports of Auckland Ltd (POAL) The Facts

Australian Stevedoring Industry Award 2010

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Previous Blogposts

Workers lose their jobs – Day of Shame!

A media release I would love to see from Len Brown

Lies, Boards, and Aucklandports

Lies, Boards, and Aucklandports (#Rua)

10 March – Today was a True Labour Day!

Ratbags, Rightwingers, and other assorted Rogues!

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= fs =

  1. rraj
    14 March 2012 at 3:42 pm

    You are just re-posting what you have seen published elsewhere, I thought you were going to give some conclusive proof/calculation that POAL Stevedores are not earning $91k on avarage per anum. So I still belive the EY audited numbers.

  2. 14 March 2012 at 4:04 pm

    rraj :

    You are just re-posting what you have seen published elsewhere, I thought you were going to give some conclusive proof/calculation that POAL Stevedores are not earning $91k on avarage per anum. So I still belive the EY audited numbers.

    Welcome to my Blog, Rraj.

    Regarding the port workers earnings; please cast you eyes to the table above. That table contains an HOURLY RATE – $27.26 per hour – from POAL’s (Ports of Auckland Ltd) own website,

    $27.26 x 40 hours = $1,090.40 p/w (gross).

    $1,090.40 x 52 = $56,700.80 (gross).

    The figure $27.26 is from Ports of Auckland Ltd, and can be found here, on their website; http://needforchange.poal.co.nz/the-facts/default.htm

    So the figures I’m using are Port of Auckland Ltd figures. Are you suggesting Ports of Auckland Ltd have presented us with incorrect information?

    As for the Ernst & Young report you’ve referred to, I have requested a full, unedited version of it. So far I’ve had no reply.

  3. clive @ large
    14 March 2012 at 5:54 pm

    Frank you’ve branded the Port management as telling lies. Can you back that up?

  4. 14 March 2012 at 6:26 pm

    Sure, Clive.

    1. POAL claim that full time stevedores salary is $91,000.

    Yet their own website provides an hourly rate of $27.26 per hour, which translates to $56,700.80 (gross).

    Source: Ports of Auckland website; http://needforchange.poal.co.nz/the-facts/default.htm

    2. The POAL website states, “It is likely that stevedores who work as Port employees will be offered redundancy from their existing positions”.

    Port employees were not “offered redundancy from their existing positions” – redundancy was forced upon them one week ago, on 7 March (the same date on the webpage).

    More here: https://fmacskasy.wordpress.com/2012/03/07/workers-lose-their-jobs-day-of-shame/

    Those two will do for starters.

  5. clive @ large
    14 March 2012 at 7:57 pm

    Point taken. I was a fence sitter on this issue but you’ve made a good case for the striking wharfies. I usually don’t have much sympthy for unions but in this instance I think they’ve been shafted no doubts.

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