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TEN embarks on cost reductions as employee pay deal stalls

NewsKevin Perry

Employees at TEN have again been left demoralised this week after management confirmed the network was embarking on yet another round of ‘cost reductions’ while negotiations over an enterprise bargaining agreement continue to stagnate.

Negotiations for a new pay deal have been progressing slowly over the last 12 months.

DeciderTV understands TEN recently offered staff a 2% pay increase with $500 pre-tax backpay to January 2017.

Staff voted against accepting a similar 2% deal in mid 2016 and it’s likely this latest offer will also be rejected as they continue to seek a 3% increase.

In 2014 the network axed 150 jobs, mostly from the news and production divisions, at the time staff agreed wages would remain frozen to assist the company with its recovery, however there is now a growing feeling amongst employees that there loyalty is being taken for granted. One worker telling this website;

"We work very hard for TEN every single day. We just want a fair deal."

If TEN continues to fail to match the demands of staff its possible that industrial action will soon be considered.

The negotiations with staff come at a time as TEN is issuing warnings to investors that the network is facing a full-year earnings loss of $20 million to $30 million.

The network is also preparing to spend an estimated $300 Million to retain Big Bash cricket broadcast rights for the next five years.

TEN chief executive Paul Anderson

TEN chief executive Paul Anderson

TEN chief executive Paul Anderson yesterday stated that the network was commencing another ‘rigorous cost reduction project’ as it continues to deal with a weak ad market and rising costs.

Anderson has again called for licence fee relief from the Federal Government to assist commercial broadcasters manage costs in the changing media marketplace.

“This industry is obviously under severe duress and yet commercial free-to-air television broadcasters continue to be penalised by the world’s most expensive broadcast licence fees,” he said.
“Without the investment of the commercial free-to-air broadcasters, local production will dry up, jobs will be lost and local news will be a thing of the past.”

The author of this article would like to talk with any Ten Network employee's affected by these issues. All communication is strictly confidential.