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25 Oct 2024 7:19
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      Home > News > Politics

    The return of performance pay for public service bosses could be a good thing -- if done right

    The return of performance pay for public service bosses could be a good thing -- if done right


    Minister-in-charge, Nicola Willis confirms it will be back by the next financial year.

    In 2018, then State Services Minister Chris Hipkins cut performance pay, attempting to slow CEO salary growth.

    Victoria University Researcher, Geoff Plimmer, says many studies show it can be disastrous -- so it needs to carefully implemented.

    He believes there needs to be strong protective measures, that are regularly reviewed, updated, and audited.

    © 2024 Newstalk ZB, NZCity

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     23 Oct: The Chair of Parliament's Finance Committee - says questions remain for the big banks
     23 Oct: Foodstuffs says it will look closely at the Commerce Commission's decision against its proposed north and south island merger
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     Today's News

    		 Business:
    Economists are feeling upbeat, with signs the worst could be behind us 7:17

     Law and Order:
    Relief in Auckland's Onehunga after the suspect of a fatal attack handed himself in 7:07

     Entertainment:
    JoJo found releasing her memoir to be a "really liberating" experience 7:05

     Entertainment:
    Kristin Cavallari hopes Jay Cutler "gets the help that he needs" 6:35

     Business:
    A brighter way forward's looking likely for the economy - but the labour market's still trailing behind 6:27

     Entertainment:
    Amy Adams felt "so vulnerable and so exposed" during her early years in Hollywood 6:05

     Law and Order:
    A man sought in connection with a woman dying after being stabbed on a bus in Onehunga yesterday - has been taken into custody 21:57

     Entertainment:
    Former Abercrombie and Fitch chief ex ecutive Mike Jeffries has been arrested on sex trafficking charges 21:35

     Living & Travel:
    Wild winds in Wellington have disrupted multiple Air New Zealand flights this evening 21:17

     International:
    Photos of Beirut air strike capture rare glimpse of what appears to be an Israeli smart bomb mid-air 21:07

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