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14 Jul 2024 7:52
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  •   Home > News > Business

    Performance-based pay is on the horizon for Chief Executives of public sector agencies

    Performance-based pay is on the horizon for Chief Executives of public sector agencies


    Departments are moving to another phase of cost-savings - after the Budget confirmed spending reductions.

    Finance and Public Service Minister Nicola Willis has confirmed pay boosts will be tied to progress - but she's not expecting any bonuses to be paid out for at least a year.

    Infometrics Principal Economist Brad Olsen says this has the potential to incentivise change.

    He says it's reflective of the directive to give results that stack up.

    © 2024 Newstalk ZB, NZCity

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    Two wins in tight circumstances for the All Blacks in consecutive weeks to start coach Scott Robertson's All Blacks tenure More...


    BUSINESS BUSINESS
    ew electric passenger trains have arrived in Auckland - with more due over the next few weeks More...



     Today's News

    Rugby:
    Two wins in tight circumstances for the All Blacks in consecutive weeks to start coach Scott Robertson's All Blacks tenure 7:47

    Tennis:
    Barbora Krejcikova is the ladies singles Wimbledon tennis champion 7:37

    Entertainment:
    Perrie Edwards won't get married until her son is old enough to play a part in her big day 7:34

    International:
    More than 5,000 people made a home on Port Moresby's fringe. Now they're all being evicted 7:27

    Rugby:
    England skipper Jamie George believes the officials got it wrong in not allowing his side the ball back at the end of the 24-17 second test loss to the All Blacks 7:27

    Motoring:
    Motorists are being warned of a four night road closure through the Kaimai Range starting tonight 7:17

    Rugby League:
    The Dragons are back in the NRL's top eight after a 30-26 win over the Broncos in Brisbane 7:07

    Entertainment:
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    Entertainment:
    Jack Quaid has admitted he is "immensely privileged" as a nepo baby 6:34

    Health & Safety:
    The Health Research Council's dished out 12-million dollars, to fund a swathe of Otago studies 6:27


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