Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Status Quo On Existing Senior Remuneration


Status Quo On Existing Senior Remuneration Packages


Given the recent media focus on executive remuneration packages, an astounding 76.2% of New Zealand employers have indicated that they are currently satisfied with their existing packages, and only 9.2% of employers indicating that they have changed theirs, according to results in the latest TMP Job Index Survey released today (November 27).

Those that have changed are all seeking to increase packages, according to the results.

TMP Worldwide, New Zealand and Australia’s largest Human Resources company conducts the Job Index Survey on a six monthly basis. The survey combines the expectations of key employment decision-makers, from all major industries, across the spectrum of different organisation sizes.

TMP Worldwide, General Manager – New Zealand, Mr Denis Horner said that Wholesale/Distribution employers (87.5%) were the most likely to be satisfied with their existing senior executive remuneration packages, with Engineering employers (33.3%) the most likely to indicate that they have changed theirs.

“In addition to those employers who had changed their company’s senior remuneration packages, some 5.8% of respondents indicated they were considering reviewing them, with 8.8% indicating they are actively doing so,” Mr Horner said.

There was some variation in responses across the regions with Upper North Island employers (83.2%)more likely than those from the Lower North (74.3%) and South (69.6%) to be currently satisfied with their executive remuneration packages.

South Island employers are more likely to be reviewing their senior management remuneration given the focus on executive remuneration packages.


Ends


© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Onetai Station: Overseas Investment Office Puts Ceol & Muir On Notice

The Overseas Investment Office (OIO) has issued a formal warning to Ceol & Muir and its owners, Argentinian brothers Rafael and Federico Grozovsky, for failing to provide complete and accurate information when they applied to buy Onetai Station in 2013. More>>

ALSO:

Tomorrow, The UN: Feds President Takes Reins At World Farming Body

Federated Farmers president Dr William Rolleston has been appointed acting president of the World Farmers’ Organisation (WFO) at a meeting in Geneva overnight. More>>

ALSO:

I Sing The Highway Electric: Charge Net NZ To Connect New Zealand

BMW is turning Middle Earth electric after today announcing a substantial contribution to the charging network Charge Net NZ. This landmark partnership will enable Kiwis to drive their electric vehicles (EVs) right across New Zealand through the installation of a fast charging highway stretching from Kaitaia to Invercargill. More>>

ALSO:

Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>

Earlier:

Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>

ALSO:

Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news