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9 Aug 2020 16:47
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  •   Home > News > Business

    A better balance between being fair to public service bosses - and to the taxpayers, who pay their salary

    A better balance between being fair to public service bosses - and to the taxpayers, who pay their salary


    The average pay package for CEOs has decreased by 4.3 percent in the 2018/19 financial year.

    It's now 478-thousand dollars, compared to 500-thousand, the year before.

    State Services Commissioner Peter Hughes says the changes mostly come from removing performance pay.

    He says CEOs have been appointed at the lower end of the salary ranges, and he's taken a conservative approach to reviews.

    © 2020 Newstalk ZB, NZCity


     Other Business News
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     08 Aug: Government investment into kiwifruit industry is likely to extend into the summer season
     08 Aug: A University of Leeds report has revealed the global reduction in travel and industrial activity is doing little to stop global warming
     08 Aug: It's full steam ahead for Auckland rail upgrades
     07 Aug: A Kiwi designer hat company' has switched its production line to face masks
     07 Aug: Wairoa's receiving money to increase productivity of a kiwifruit business, renovate 19 marae, and build a roading and other services hub
     07 Aug: Some retail business owners want a tax cut to boost consumer spending
     Top Stories

    RUGBY RUGBY
    Meanwhile injured Crusader Scott Barrett says the team is facing the magnitude of today's match More...


    BUSINESS BUSINESS
    Labour's latest policy announcement is being welcomed by business -- but it's only a piece of a puzzle More...



     Today's News

    Entertainment:
    Katy Perry and Orlando Bloom have become stronger together since their brief split in 2017 16:44

    Netball:
    A siege mentality within the Mainland Tactix ahead of an important couple of days in their ANZ Premiership season 16:37

    Politics:
    Federal Government open to more JobKeeper tweaks if economy deteriorates further amid coronavirus downturn 16:37

    Sailing:
    Peter Burling and Blair Tuke are keeping well away from the politics of the America's Cup 16:17

    Law and Order:
    Septicaemic plague kills US man in his 20s, after Chinese man dies of bubonic plague 16:17

    Entertainment:
    Kim Kardashian West is “exhausted” with the drama surrounding her husband Kanye West 16:14

    Entertainment:
    Melissa Etheridge had considered the “possibility” of her “troubled” son Beckett overdosing before his death in May 15:44

    Golf:
    American Dustin Johnson's enjoyed a personal-best day with the putter during the third round of the PGA Championship in San Francisco 15:37

    Rugby:
    Meanwhile injured Crusader Scott Barrett says the team is facing the magnitude of today's match 15:27

    Environment:
    Weeks after it was hit by a severe storm, Northland is in for another big deluge 15:17


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