Fonterra – creaming it?
Put aside the massive amount of water they take, put aside the environmental damage they cause the remaining water they don’t take, put aside the animal cruelty of intensive farming, put aside the outrageous global price NZers have to pay domestically, put aside the clean green propaganda they run, put aside the fact that dairy is a sunset industry with synthetic milk and meat around the corner, put aside the methane gas that creates climate change, put aside the political power these arseholes wield – isn’t it weird that Fonterra has 6000 people on $100 000 when only 5% of NZers earn $100 000…
What loss? 200 Fonterra staff fly to California beach resort for meeting
Europe-based Fonterra staff would have travelled at least 9000km to attend a sales and marketing meeting at a Southern California beach resort town, a venue the dairy company says was chosen because of its proximity to LAX airport.The company is refusing to give details of the meeting at tourist and surf mecca Huntington Beach, which NBR has reported was attended by up to 200 staff from the co-op’s New Zealand milk product division at the time Fonterra was announcing a historic annual loss of $196 million last week.
Fonterra responded to questions about the meeting with this statement:
“NZMP is an international business, with the majority of staff and customers based offshore, including a significant number in Europe, the US and South America. Every two years, select members of this team come together for a sales and marketing meeting to review performance and develop strategic plans for the following 12 months.
“The location of the global meeting varies but is always organised near a major airport hub. The venue for this year’s meeting was selected due to its proximity to LAX. Books for the event were made several months ago to ensure cost efficiencies.”
Huntington Beach is at least an hour’s drive from LAX.
It’s not unusual for large international businesses like Fonterra to hold conferences overseas, but the farmer-owned cooperative is in the public spotlight for its financial performance, number of managers, and staff salaries. Its annual report last week showed nearly 6000 staff were on $100,000 and up.
Cabinet minister Shane Jones told the Herald last week that Fonterra’s new chief executive Miles Hurrell needed to “get out the hedge clippers and start pruning people” and urged the company to drop its “flashy” front.
…someone is getting rich, and it ain’t the poor hard working farmer.
I don’t begrudge the 6000 Fonterra workers on $100,000 but I do have real issues with the 8 million dollar type salary especially after the appalling damage to the company and disastrous business moves like investing in offshore partnerships that continually don’t work out, (but still they keep blowing money in that direction).
$100,000 is not that large a salary when Kiwibuild offer those ‘affordable’ houses on income levels above $100,000 because you now need that to afford a government PPP built ‘affordable’ home. So that is not an extreme salary anymore.
Also making units up to $700 a week rent in Wellington is also being hailed as ‘affordable’ but not much interest in raising wages to match the new affordable housing???
https://www.stuff.co.nz/dominion-post/news/107073873/Council-partners-with-developers-to-ease-Wellingtons-rental-crisis
Farming does not have to be environmentally damaging. It is also important way to keep open spaces. More people is the most environmentally damaging thing to the environment in most cases… work out the costs of building the shitty and environmentally bereft ways we do things in NZ with pavement runoff going into our seas.
They are now predicting potential food shortages and increases in the cost of food as in Auckland our productive land is being converted into spec housing which the whole world can invest in.
Long before 2050 there will be no farming, and chances are no people repeat for those asleep no people.
No one talks about Agenda 21 and it’s a shame because every business downturn and demise is by design, along with every case of cancer and every autistic child. Nothing is a mistake. Nope, when your country and its politicians and CEOs are owned by Rothschild nothing is ever a mistake.