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Radio station workers reveal cash problems
Staff members at radio station Power 102 are complaining that they have not been paid salaries for the past two months. They also claimed that day to day expenses of running the station were also outstanding for some time. Members of staff, who refused to be identified, said they were given cheques for their salaries in August but were not able to cash them when they went to the bank.
In an interview late last week, a member of staff said: “Yes, some staff have not been paid since August 10 or 11. We operate on a cash-collection basis and we have been having problems since the beginning of the year. We had payment issues and were told collections were slow.” He said things improved up to the month of May but things slowed again in August when they received their monthly cheques.
He said several staff members at 94.1, the sister station of Power 102, claimed they received cheques for their salaries but many were unable to get cash. “Some of the staff at 94.1 received cheques but they couldn’t change it when they went to the bank. There was no money in the account,” he said. He also said a computer-leasing company from Belmont also reclaimed computers and phone equipment at the radio station in August.
“We now use a make up system with the computers and phone lines and we are only being told that there is a cash liquidity problem,” he said. He said members of the staff claimed they had no union representation and were only now trying to join a union. Despite these complications, the company’s Web site remained updated. When contacted, acting CEO Peter Pena refused to comment. On June 2, 1997, Power102.1 FM became a pioneer in local broadcasting as the first talk radio station in T&T.
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