Do people really earn more in the public sector? - News Summed Up

Do people really earn more in the public sector?


Stats NZ said in the year to the March quarter, public sector pay increased 1.8 per cent while the private sector increased 1.6 per cent. ROBERT KITCHIN/Stuff Public Service Minister Chris Hipkins says public sector pay grew at a faster rate than other sectors pre-Covid. In 2019, the Taxpayer’s Union’s “public sector CEO rich list” put Matt Whineray, chief executive of the NZ Super Fund at the top of the public sector pay list. Roberts said pay levels for public sector chief executives were often set with assistance from external consultants, who benchmarked their pay against private sector roles. While private sector pay was sometimes designed to motivate decisions around risk and risk management, there were not the same risks attached to public sector roles.


Source: Stuff May 06, 2021 17:00 UTC



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