“…TVNZ staff lose credit card perk…”

“…TVNZ workers’ days of splurging on company plastic have ended …

… as the state broadcaster cuts up hundreds of credit cards to avoid “misleading” publicity.

Nearly everyone from celebrity presenters to senior executives will be affected.

Chief executive Rick Ellis has told staff that following a review of company practices, they will have their cards taken away.

TVNZ has hit the headlines in recent years for credit card spending.

More than 470 of its 900 or so staff have had cards, and in the six months to January this year – a time of cost cutting –

- they spent $3.18 million.

Almost 100 of the cards had a monthly cap of at least $10,000.

Mr Ellis racked up more than $140,000 on his own company plastic in two years – including $32,000 entertaining.

He and senior executives will be among those losing their cards … and soon there will be as few as 50 left at TVNZ…”

go to source/story>>>TVNZ staff lose credit card perk – National – NZ Herald News

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