[ad_1]
According to the minutes, at the meeting, Council President Liudvikas Gadeikis reminded its members that the Strategic Planning and Audit Working Group has repeatedly raised the issue that the salary of LRT Director General Monika Garbačiauskaitė-Budrienė , has been offline for a long time with the market trends.
“Currently, the salary of the CEO is 61.7 percent. Market median, and the deputy – only 56.4 percent. Market median. At that time, the salaries of employees in the lower chains fit into largely or even above the market median, ”L. Gadeikis explained at the meeting.
Salary will increase by almost a third
The median is the average size of a sequence of numbers. For example, if it consists of the numbers 2, 3, 4, 5 or 6 thousand. EUR, this would be the median here 4 thousand. euros. The median differs from the average salary or its average, which is calculated by dividing the total amount of salaries by the number of employees.
“Since 2018. January 1 The average official salary in LRT increased by 39.4%. Taking this into account, the objective of the LRT Council should be to bring the salaries of the management of the administration closer to 80%. Market median”, argued the president.
The Board last examined the issue of the remuneration of the LRT Director General in 2017. and since 2018. January 1 increased according to the variation of the average salary in Lithuania.
Based on data from the Department of Statistics and Sodra, L. Gadeikis considered: “It is possible to share the assumption that during 2018-2020, the average salary in Lithuania will have increased by approximately 26%. Raising the CEO’s salary to € 6,950 would increase 77.9%. market median “.
These arguments seem to have convinced all the members of the Council. They decided unanimously that this will be M. Garbačiauskaitė-Budrienė’s official salary. In addition, the City Council has decided that the substitute salary of its substitute Gytis Oganauskas will be 90% next year. director’s salary.
As announced in 2019. In LRT’s financial statements, last year the base salary of the CEO was 64.6 thousand. EUR, and its deputy – 56 thousand. before taxes.
After the approval of the new salary by the City Council, throughout 2021. the director will receive 83.4 thousand. Official salary in euros, which is 29%, or 18.8 thousand. more than you get now, and will be indexed annually to changes in average wages. The annual salary of the Assistant Director will be greater than 75 thousand. EUR – 33 percent, or 19 thousand. higher than today.
Bonuses were also paid
However, this is only an official salary. According to the aforementioned report, during the last year, M. Garbačiauskaitė-Budrienė received an additional payment of 5.7 thousand. EUR, and his alternate – 4.9 thousand. euros. For the results achieved last year, both they and the LRT department heads received a bonus of 1 salary each.
Even if the salaries of the director and deputy director are increased, they are likely to earn less per year than Ričardas Baltaduonis, head of the Internet department (121.6 thousand euros in 2019) or Tomas Rytel, head of the administration and operational development department ( 99 thousand euros).
According to Sodra, in October the average salary of all LRT employees amounted to 2,093 euros before taxes (approximately 1,290 euros). In the year since October last year, this amount has increased by 168 euros or 8.7 percent.
In total, LRT has 598 employees working under contract. 337 people work under a copyright, sports, or artist contract. These workers are paid an average of € 531.
LRT’s budget next year should reach almost 54 million. This is around 16%, or 7.5 million euros. more than this year.
Added at 15:50 pm
It was only after the publication of this post that the LRT sent comments on the question of how much staff salaries are planned to increase next year.
In his comment, LRT Council Chairman Liudvikas Gadeikis reiterated the arguments made in the meeting minutes that the current salaries of the CEO and his deputy do not reach the market median:
“Salaries for lower-level employees largely meet or even exceed the market median. Overall, the median official salary for LRT employees in 2018. January 1 increased by almost 40% when the CEO salary was increased. last revised in 2017. Since 2018 the average salary in the country increased by more than 26 percent. L. Gadeikis has also explained that after deducting taxes, the official salary of the director and his alternate will be 4204 and 3784 euros per month, respectively. At that time, Tomas Rytel, head of the LRT Activity Administration and Development Department, reported in a comment that the institution’s remuneration policy provides for a possible review of annual remuneration, evaluating compliance with all the LRT employee positions with the Lithuanian market median Salaries are reportedly reviewed on the basis of the international job evaluation methodology developed by Korn Ferry and research Lithuanian wage market investigation. “According to the compensation policy, LRT employees earn at least 80%. Median of the market. 2018 There was a fairly large discrepancy between the market and the salary of LRT employees, but during that time the situation was significantly corrected: the average official salary of LRT employees in 2018. January 1 increased by almost 40%, ”explained Rytel.
He also reiterated that the salary of executives is below the market average. And according to the institution’s compensation policy, the highest general manager, his deputy, department heads cannot be subject to the variable compensation system (according to this, around 30% of employees), bonuses cannot be awarded quarterly to other employees. The latest review of LRT employee compensation was conducted in October this year, adjusting the salaries of more than 200 employees to 25 percent. Salaries also increased for 2 department heads, from 10 to 15 percent.
[ad_2]
