I see the board of Dairygold decided to take a 10% pay cut because of milk price cuts. Farmer directors will take the cut and so too will chief executive Jim Woulfe.
The cut will apply on future payments, until milk prices improve.
A travel allowance is also given, paid once per year
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The issue was being watched closely by milk suppliers.
Directors are paid for the time required to attend board meetings. It’s approximately €200 per meeting and claimed every month.
A travel allowance is also given, paid once per year.
Board meetings start at 10am and can run past 6pm. Because of the lockdown, board meetings are currently online.
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I see the board of Dairygold decided to take a 10% pay cut because of milk price cuts. Farmer directors will take the cut and so too will chief executive Jim Woulfe.
The cut will apply on future payments, until milk prices improve.
A travel allowance is also given, paid once per year
The issue was being watched closely by milk suppliers.
Directors are paid for the time required to attend board meetings. It’s approximately €200 per meeting and claimed every month.
A travel allowance is also given, paid once per year.
Board meetings start at 10am and can run past 6pm. Because of the lockdown, board meetings are currently online.
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