WCCO Asks Big Names To Take 10% Pay Cut
November 26, 2008 at 5:24 AM (PT)
"The Good Neighbor" is asking its highest-priced talent to take a 10% pay cut for the good of team, reports MINNPOST.COM. CBS RADIO News/Talk WCCO-A afternoon host DON SHELBY confirms he was asked two weeks ago to accept a voluntary cut that would limit layoffs heading into a dreary 2009.
"I was given the option that I could take -- or refuse to forgo -- 10% of my salary for a year so the station could minimize the impact on staff and minimize potential layoffs. I agreed to it immediately."
Outgoing CBS RADIO/MINNEAPOLIS Market Manager MARY NIEMEYER says the offer was also presented to other top WCCO talent, but did not specify who or how many people had been asked or accepted. NIEMEYER, who will become a VP/Sales DECEMBER 1st when long-time local radio exec MICK ANSELMO takes over, praised those involved for their willingness to "minimize some of the shortfalls in the economy. It's grateful to know work with a dedicated staff who not only have a passion for what they do, but have the desire for long-time careers with WCCO Radio."