Follow the Union money, Ctd

Yesterday the Owl revealed that the top 7 CTU Affiliated unions collected $78M in subscriptions within one calendar year as per their filed audited accounts.

Today the Owl can reveal that 60% of these subscriptions were paid in wages, salaries and benefits or in real terms to Union employees – $46,746,428.

Now I have been doing some calculations and tried to work out how many Union officials this has paid for. The PSA are very good at providing their staff numbers (131) – so on average that means an average Salary/Wage (including benefits) is approximately $80,000.00 per paid union official.

Now this is an average so I took a conservative view and said $70,000.00 average salary/wage for a Union official.

Owl’s Observation

The Owl does not care how Unions spend their money but $46,746,428 divided by $70,000 is 668 Union staff benefits from the rank and file fees.

What I do care about analyzing financial information for Union members as the Owl as they too need advocates. I just do this for free.

P.S. Helen Kelly your NZCTU Together Incorporated Accounts need to be filed (Balance date 31st March 2012) – thanks. (This was the fund set up from the Union Change Implementation Fund $90,000.00. 2011 Accounts are already filed.)

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As much at home writing editorials as being the subject of them, Cam has won awards, including the Canon Media Award for his work on the Len Brown/Bevan Chuang story.  And when he’s not creating the news, he tends to be in it, with protagonists using the courts, media and social media to deliver financial as well as death threats.

They say that news is something that someone, somewhere, wants kept quiet.   Cam Slater doesn’t do quiet, and as a result he is a polarising, controversial but highly effective journalist that takes no prisoners.

He is fearless in his pursuit of a story.

Love him or loathe him.  But you can’t ignore him.