Grant Broadcasters executives take pay cuts in response to COVID-19 pandemic

March 30, 2020 12:31

The senior executive team at Grant Broadcasters have agreed to a reduction in base remuneration in a bid to help the business weather the coronavirus (COVID-19) pandemic.

The radio company, which operates 52 commercial broadcast stations, has also undergone a ‘small number of redundancies’ in relation to the economic struggles it is facing as the virus impacts the advertising market.

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Hannah Blackiston

Hannah Blackiston was the deputy editor of Mumbrella. She worked with the company from March 2019 to November 2020.

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2 COMMENTS

Spiderman 30 Mar 20

Not as many comments as Chris Savage’s article last week, but a much more sensible approach. Pay cuts for the executives who get paid for that responsibility. Great leadership. As Spiderman once said “With great power there must also come great responsibility”.

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Hack 31 Mar 20

How much is the “reduction in base remuneration”?

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