Comments on: Public Sector CEOs earning more than private CEOs

By: Cal

Cal — Sun, 01 Apr 2007 06:03:24 +0000

The figures provided by Sheffield in their commentary to the media are rather misleading, as these are averages which do not accurately refelect the true job size of CEO positions. The actual survey provides a comprehensive analysis of CEO remuneration levels by a number of metrics, including employee numbers (total for the organisation), revenue, industry and job size. When comparing public sector CEO remuneration to private sector CEO positions equivalent in terms of job and organisational size, there is a significant difference, with private sector CEO remuneration far above that of the public sector.

Whilst I believe that the top tier or public sector CEO’s, such as the IRD Commissioner, and Peter Hughes at MSD, are on a level of remuneration in excess of their relative worth, this article is certainly misleading and is not adding value to public debate.

By: gd

gd — Fri, 30 Mar 2007 04:12:35 +0000

Many of the State CEOs run what are essentially monopolies or near monopolies Their hardest task is keeping the Minister and the govt appointed director lackys happy.
Put them into a competitive industry in the private sector and see how they perform Not

By: Sam Dixon

Sam Dixon — Thu, 29 Mar 2007 23:47:46 +0000

“It really makes me sick to see how much IRD is being pumped up by Labour to be more and more intrusive in peoples lives and take more and more of their hard earned income for the State.”

- Tax rates have not gone up in 7 years, so I assume you are tlaking about more active enforcemnt of tax law by the IRD. If the IRD is closing tax loopholes and excercising more rigorious enforcment so that jokers aren’t dodging tax, that’s a good thing – its equal and fair enforcement of the law and means the rest of us don’t carry the cost of tax cheats.

By: Chris White

Chris White — Thu, 29 Mar 2007 20:11:11 +0000

In IRD’s defence, they really wanted to stay in Henderson House, but were unable to because Dave Henderson terminated their lease as a form of revenge. While I did enjoy the concept of buying the building IRD was in and kicking them out, as a taxpayer I guess I get to wear the cost of that now.

Cheers, Chris W.

By: Mike Readman

Mike Readman — Thu, 29 Mar 2007 18:13:07 +0000

And at the one in Cashel St. with 1,000 employees (!), they will be paying the highest rent per square metre in Christchurch!

By: Seamonkey Madness

Seamonkey Madness — Thu, 29 Mar 2007 04:10:48 +0000

Shocked but overly, especially considering the %age of GDP we spend on public service.

Do you have the figures or a link to them available?

Also I would be interested in the historical figures for the last 15-20 years – number of public CEOs and wage comparison to their private counterparts.

And even of more interest would be to see which ministries the CEOs were hired to, i.e. new pork-barrel ones or existing ones where growth was actually necessary.