November 01, 2019

Executive Salaries Out of Control

I liked the following opinion piece, about the ridiculously high rates of pay for senior executives that seem to be the norm these days.

https://www.stuff.co.nz/business/opinion-analysis/117019238/executive-pay-is-out-of-control--here-are-six-steps-to-fix-it

Fonterra is the worst offender in New Zealand. Especially considering they don't actually do that good a job. I do think that recruitment firms are partly behind the steep rise; they're paid a share of the salary and so will find reasons their candidates need to be paid more. I mean, c'mon, self interest, what would you expect?

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