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Finance expert suggests redistribution of public sector CEO salaries

A Robin Hood -style policy, redistributing the big salaries of public service chief executives to lower paid workers, would be more effective than the government-ordered pay freeze, according to a leading business academic.
The directive, which essentially means those in the public sector earning more than $60,000 will only get a pay rise in exceptional circumstances for the next three years, has infuriated some workers.
It has prompted crisis meetings between the government and unions, and a commitment to review the directive next year.
The government denies it is a freeze , saying people can still move between pay bands and it is about equity, raising the wages of workers making $50,000 or less – that is 25 percent of public servants. ....

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Pay freeze: Redistribution of public sector CEO salaries better, finance expert suggests

Pay freeze: Redistribution of public sector CEO salaries better, finance expert suggests
14 May, 2021 08:08 PM
7 minutes to read
A finance expert says we need to talk more about pay redistribution, not freezes. Photo / Getty Images
A finance expert says we need to talk more about pay redistribution, not freezes. Photo / Getty Images
RNZ
A Robin Hood -style policy, redistributing the big salaries of public service chief executives to lower-paid workers, would be more effective than the Government-ordered pay freeze, according to a leading business academic.
The directive, which essentially means those in the public sector earning more than $60,000 will only get a pay rise in exceptional circumstances for the next three years, has infuriated some workers. ....

New Zealand , Tim Fowler , Sid Miller , Jane Doe , Peter Boshier , Ka Robin Hood , Scott Pickering , Matt Whineray , Peter Hughes , Rob Everett , Helen Roberts , Ailsa Claire , John Ryan , Earthquake Commission , Tertiary Education Commission , Ceo Nz Super Fund , Vc University Of Canterbury , University Of Otago Department Accountancy , Public Service , Financial Services Authority , Auditor General , Public Service Commissioner , Services Authority , Cherly De La Rey , Education Commission , Judge Peter Boshier ,

Expert calls for top-paid bureaucrats' pay to be cut and given to the working poor

Some public sector leadership salaries:
Matt Whineray, CEO NZ Super Fund: $929,000 (after COVID-19 reduction)
Scott Pickering, CEO ACC: $826,000
Ailsa Claire, CEO ADHB: $677,000
John Ryan, Auditor General: $670,000
Peter Hughes, Public Service Commissioner: $630,000
Rob Everett, CEO Financial Services Authority (just resigned): $623,000
Cherly de la Rey, VC University of Canterbury: $594,000
Tim Fowler, CEO Tertiary Education Commission: $560,000
Judge Peter Boshier, Chief Ombudsman: $456,000
Sid Miller, CEO Earthquake Commission: $437,000
A lower public sector staff salary:
Jane Doe, administrator Dept of Corrections: $45,000
Helen Roberts is an Associate Professor in Otago University Department of Accountancy and Finance. She put those remuneration packages into perspective.
I just looked at the data that s out on the public sector websites, you can go and look yourself. I looked at the top five paid individuals in the sta ....

New Zealand , Tim Fowler , Sid Miller , Jane Doe , Peter Boshier , Scott Pickering , Matt Whineray , Peter Hughes , Rob Everett , Helen Roberts , Ailsa Claire , John Ryan , Earthquake Commission , Tertiary Education Commission , Professor In Otago University Department Of Accountancy , Ceo Nz Super Fund , Vc University Of Canterbury , Public Service , Financial Services Authority , Robin Hood Style , Auditor General , Public Service Commissioner , Services Authority , Education Commission , Chief Ombudsman , Associate Professor ,