I see in the paper the other day that Teresa Gattung has left Telecom with a $3.9m payout! Nice! This on top of her rather disappointing $1.25m per year. In fact according to the NZ Herald all up she leaves with a $5.125m payout plus 12 weeks annual leave ( http://www.nzherald.co.nz/category/story.cfm?c_id=93&objectid=10461941 )! I say disappointing; especially when her successor Paul Reynolds will receive $1.75m/anum! Joking aside, this is disgusting; a disgrace to our nation. Telecom are oppressing New Zealanders with exorbidant prices for cell phones and phone lines etc; and they are doing this! This is an example of the gap between rich and poor which is growing in our nation. I feel guilty though. A while ago I was taken by the option of switching from Vodafone to Telecom in one of those deals, and I took it. Of course I can't jump back because I signed one of those 12 month deals. But then, what is the problem, I am sure Vodafone are no different. I can hear the voice of ...
The blog of Mark Keown, New Testament lecturer at Laidlaw College, Auckland, New Zealand. It involves comments on theology, life, sport and whatever comes into Mark's random mind.