Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 

“Fake News” re pay and performance bonuses for top managers

16th October 2019

“Fake News” from Panuku and other Auckland City Council CCOs Board Chairs re pay and performance bonuses for top managers

Despite comments from Auckland City Council CCOs Board Chairs re pay and performance bonuses for top managers—Herald Newspaper Tuesday Oct 15th--there is very little evidence that says high pay and bonuses improve the performance of a company. Most evidence in this field says they do not. So these statements are simply fake news to encourage senior managers and Boards to “scratch each other’s backs” and so “jack up” their remuneration.

The argument that high pay is necessary to attract top people is also very fraught. Again the research does not support this. Also this argument implies that no one in the company is right for the top job and this speaks volumes for the professional development programmes for that company and earlier employment activity. Try the recent history of Fontera and Fletchers.

Phil Goff is right to criticize the actions of Boards of the Auckland City Council’s CCO’s Boards to increase pay and bonuses to their top managers particularly when many of them are not even paying the “living wage” or insisting that their contractors pay at least the “living wage”. This certainly smacks of greed at the top and a lack of concern for staff at the bottom of these organizations.


ends

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Hope For Nature: A New Deal For The Commons

Joseph Cederwall on The Dig: The disruption and destruction of the interconnected biodiversity of Earth is the most serious challenge humanity has ever faced. It is devastating non-human life everywhere and disrupting vital “ecosystem services” like the food, water, and climate regulation systems humanity depends on.

It is increasingly clear that the primary underlying driver of this crisis is the limiting and infectious worldview around land and resource use central to the global capitalist system. To fully understand the biodiversity crisis and explore what comes next, it is necessary to address this mind-virus at the heart of our modern civilisation – the dominion worldview. More>>

 
 

SOP For Gun Bill: New Measures For Modified Pistols

The new controls will • Prohibit short-barrelled semi-automatic rifles which currently are defined as pistols because they are shorter than 762 millimetres. • Introduce tighter controls over pistol carbine conversion kits… • Prohibit firearms which contain a part known as a centrefire lower receiver… More>>

'Culturally Arranged Visitors Visa': Fix For Marriage Visa Issue

Earlier this year Immigration New Zealand issued guidance to front line Immigration staff that made it significantly harder for people to get visas to visit their partner. That guidance no longer applies with today’s announcement. More>>

ALSO:

Conflict Of Interest For Key Member: Budget Data Breach Investigation Shut Down

State Services Commissioner Peter Hughes has today terminated the investigation into how Budget-sensitive material was accessed at the Treasury and appointed a new inquirer. More>>

RNZ Report: Mysterious Foundation Loaning NZ First Money

A mysterious foundation that loans money to New Zealand First is under scrutiny, with a university law professor saying although it's lawful, it fails to provide the transparency voters need in a democracy. More>>

Justice: Criminal Cases Review Commission Established

“We’ve seen how our justice system can very occasionally get things spectacularly wrong, even with rights of appeals, and there needs to be a chance for the innocent on the right grounds to seek a final review of their case...” More>>

ALSO:

Gordon Campbell: On Why Sustainable NZ Isn't Self-Sustaining

Asking whether this new, environmentally focussed party can make the 5% MMP threshold may be the wrong question, though. It's more achievable goal would be to knock the Greens below the 5% threshold ... More>>

ALSO:

Report On Consultation: Future Of Tomorrow's Schools

“The 1989 Tomorrow’s Schools reform introduced one of world’s most devolved schooling systems where each school operates largely in isolation of each other... It empowered local communities and modernised an overly bureaucratic system but also led over time to uneven outcomes between schools.” More>>

ALSO:

National Education Doc:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels