How much more does the big boss earn compared to their average employees?
Our chief executives are earning multiples much lower than their overseas counterparts, a Kiwi survey on executive pay suggests.
While the bosses of big British companies are earning up to 129 times the annual salary of their employees, their New Zealand counterparts are earning three to seven times the average wages of their company’s staff.
The data comes from remuneration consultancy Strategic Pay’s annual CEO pay survey, which last year covered nearly 200 private, public and not-for-profit organisations…
To read John McGill’s article on NZ’s biggest news website stuff.co.nz, please click HERE >