Parliament

Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 

Is this really necessary?

David
PARKER

Acting Labour Leader


3 October 2014 MEDIA STATEMENT

Is this really necessary?

No one denies chief executives should be well paid for their skills and experience, but it is the efforts of all employees which contribute to company profits, Labour’s Acting Leader David Parker says.


“Salaries paid to chief executives come at the expense of other working Kiwis and consumers.

“A new survey released today found New Zealand’s top executives now earn an average of $1.4 million a year or 25 times more than the $55,000 the average Kiwi earns.

“It comes at a time when 43 per cent of all Kiwis did not get a rise in their pay rate in the prior year.


“The Prime Minister of New Zealand is well paid and rightly so. He earns around half a million dollars a year. Is it really necessary to pay CEOs many times more than John Key is paid? I find that hard to justify and I believe most New Zealanders do too.

“The CEO of the Warehouse Mark Powell said earlier this year that his $1.7 million salary troubled him when his frontline staff deserved better pay.

“I agree with him – something is out of kilter,” David Parker says.

ENDS


© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Veronika Meduna: The Kaikoura Rebuild

A Scoop Foundation Investigation

Friday will be a big day for people north of Kaikōura – and for hundreds of construction workers who are racing to reopen State Highway 1 in time for the holiday season.

By the afternoon, the South Island’s main transport corridor will be open to traffic again, more than a year after a magnitude 7.8 earthquake mangled bridges and tunnels, twisted rail tracks and buried sections of the road under massive landslides. More>>

 

BPS HYEFU WYSIWYG: Labour's Budget Plans, Families Package

“Today we are announcing the full details of the Government’s Families Package. This is paid for by rejecting National’s tax cuts and instead targeting spending at those who need it most. It will lift 88,000 children out of poverty by 2021." More>>

ALSO:

Gordon Campbell: On Defence Spending, Alabama, And Dolly Parton

The spending lavished on Defence projects to meet the risks that could maybe, possibly, theoretically face New Zealand in future is breath-taking, given how successive governments have been reluctant to spend even a fraction of those amounts on the nation’s actual social needs. More>>

ALSO:

Members' Bills: End Of Life Choice Bill Passes First Reading

The End of Life Choice Bill in the name of David Seymour has been sent to a select committee for consideration by 76 votes to 44. It is the third time Parliament has voted on the issue in recent decades and the first time such a Bill has made it over the first hurdle. More>>

ALSO:

State Sector: MPI Survives Defrag Of Portfolios

The Ministry for Primary Industries will not be split under the new government, but will instead serve as an overarching body for four portfolio-based entities focused on fisheries, forestry, biosecurity and food safety. More>>

ALSO:

Gordon Campbell: On Vulnerable Kids, RNZ Funding, And Poppy

The decision to remove the word ‘vulnerable’ from the Ministry for Vulnerable Children could well mark a whole shift in approach to the care of children in need... More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages