Now the ACC truth comes out

[Dangsta]

doesnt suprise me in the least, theiving scum bags. same happens in local councils. our local council here a cple of years ago had a situation where the staff were told no pay rises yet the ceo got a HUGE payrise. but no one will do anything about it because the people in a position to do somthing about are more than likely themselves be on huge salaries and dont need the hassle, someone may have to cut their pay aswell!

Dude, Whakatane recently restructured their entire management team and they have a new CEO. The guys on that management team have put in years of study and done their time in shitty middle management roles working their way into positions that still have them putting in 60+ hour weeks and getting shit on by conspiracy theorists who think they're on mega bucks and get their kicks fucking over the place they call home and the people that work for them. Council staff at any level are easy targets. I'd rather pick on some private sector business a bit more deserving like a fast food chain, supermarket or similar that really fuck over their staff.

[Brian d marge]

Dude, Whakatane recently restructured their entire management team and they have a new CEO. The guys on that management team have put in years of study and done their time in shitty middle management roles working their way into positions that still have them putting in 60+ hour weeks and getting shit on by conspiracy theorists who think they're on mega bucks and get their kicks fucking over the place they call home and the people that work for them. Council staff at any level are easy targets. I'd rather pick on some private sector business a bit more deserving like a fast food chain, supermarket or similar that really fuck over their staff.

and I haven’t put in the same amount of effort into my career? I’m not pushing sh up any hills anymore, but I’m not rolling in it , I charge a fair rate for a fair days work ,,,NOT 750 000 OR MORE in some cases. Then when ( as has happened ) , due to "market forces " the company SOE , what ever tanks , the CEO leaves with a golden hand shake

no an attractive salary , reflecting the responsibility , yes , obscene payouts No ..., AS it was back before the American model took over ,

Stephen

[That looks like fun]

Its a simple equation really
The guy at the top gets paid mega bucks Because he is the guy who has this simple piece of knowledge (please ignore this knowledge or you will end up at the top), if you pay the huy at the bottom the minimum wage and screw him every way you can
The company will make enough money to pay your wage
Economics made easy! No need to thank me, my job here is done

[Dangsta]

[QUOTE=Brian d marge;1130417039]and I haven’t put in the same amount of effort into my career?

Probably not, Stephen. With all due respect you probably work hard but the level of complexity, responsibility, political nous, the impact within and outside the organisation and academic credibility these people require to hold puts them in a different league.

[Brian d marge]

and I haven’t put in the same amount of effort into my career?

Probably not, Stephen. With all due respect you probably work hard but the level of complexity, responsibility, political nous, the impact within and outside the organization and academic credibility these people require to hold puts them in a different league.

O really , while that may indeed be true , ( and I know a few in the beehive , and a few who run/own v large businesses , you would be surprised who I meet over here )

750 k in NZ is obscene.

Stephen

[Murray]

ACC was a mess only a few years ago, now it is running at a profit

Pray tell me when it was in a mess???? ACC has never ever been short a dollar and never not been in proft!!

Now what they are trying to do is future proof their proft for about 7 years.

[mikeey01]

Another overpaid muppet promoted to his level of in-competence, with the balls to want an above inflation pay rise.
No worries though, the country keeps borrowing money each week and we can afford it.......

Meanwhile the rest of the country..................

[Usarka]

The pay is probably so high because of all teh bonuses paid to case managers for kicking claimants off the books last year.

[dipshit]

Government jobs sure pay shit compared to similar roles in the private sector. Those figures are not big money. I think some of you people need to expand your horizons a bit.

[IkieBikie]

Government jobs sure pay shit compared to similar roles in the private sector. Those figures are not big money. I think some of you people need to expand your horizons a bit.

Oh can you please tell me of a company in the private sector (apart from maybe Fonterra) that has 29 staff being paid between $200k - $400k

Please expand my horizons

[chasio]

Oh can you please tell me of a company in the private sector (apart from maybe Fonterra) that has 29 staff being paid between $200k - $400k

Please expand my horizons

Telecom's annual report would be a good place to start. See page 163. They have 82 people just earning $200k to $210k. I can't be bothered adding up the rest to answer your question accurately because it will make me feel a bit sick. There are certainly several hundred people in your query range.

They also list 6 executives (not board members) who were paid over $750k for 2012 (and that excludes share rights). Plus Dr. Paul Reynolds was not exactly eking out a living.

I don't like the size of his pay packet and I view the organisation and above all the Minister responsible with contempt. But I can't see the salary is that ridiculous considering the assets and size of the organisation.

EDIT: I copied it into Excel and calculate that Telecom has 456 employees in the range $200k to $400k. It didn't make me feel as sick as I had thought. Anyone want to do Vodafone, F&P, etc.?

[Subike]

Oh can you please tell me of a company in the private sector (apart from maybe Fonterra) that has 29 staff being paid between $200k - $400k

Please expand my horizons

MOFFAT Commercial kitchen appliance manufacturing in Christchurch, 6th largest commercial kitchen manufacturing business in the world, annual turnover in excess 100 bill world wide, 15 senior staff in CHCH alone paid around those numbers....
Moffats in Christchurch is only one of this global companies manufacturing plants.

Have a good look at several of the larger transport firms, these numbers are there ,

Simms Pacific Metals, scary remuneration for senior staff...

Place Makers.......Bunnings.....Each store has a senior Manager, How many large store are there?

Faulton Hogan, Some serious money being collected in that management arena.

New Zealand Breweries... you want old beer at the tap in the local? or fresh ? Who manages that? Some alcoholics? or a very skilled organized management system which handles far more cash flow than ACC.....


Then there are the Banks, Legal firms, construction companies,

[GDOBSSOR]

My thoughts exacary, I could fuck it up for a fraction of what they are being paid, easy as. $100'000 a year & a company V4 Tuono would do it.

Why not get three hundred monkeys in to fuck up the system for free? And we wouldn't even need to provide company vehicles!

[Brian d marge]

I repeat , the company earns 10 , you pay manager 2 that leaves 8 to run company , and adds to the cost of your products, its not rocket science , and you ain’t going to get there,, so stop living the American dream .....

This pay the bosses is just American rubbish , at Honda , everyone wears white , they all get paid roughly the same and Mr S Honda knew how to do your job , he IS held in high regard , because ,,,he was , one of us ,

Stephen

Ps I know moffats , didnt have a stellar rep as an employer

[rapid van cleef]

what i dissagree with is people at the top getting huge payrises and people at the bottom in the same organisation being told they cant have anything.