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Geoff Plimmer: Victoria University Researcher on whether or not performance-based pay will help public servants

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Manage episode 446585948 series 2882353
Kandungan disediakan oleh NZME and Newstalk ZB. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh NZME and Newstalk ZB atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.player.fm/legal.

The return of performance pay for public service bosses could be a good thing - if done right.

The Minister-in-charge, Nicola Willis, confirms it will be back by the next financial year.

In 2018, then-State Services Minister Chris Hipkins cut performance pay, attempting to slow CEO salary growth.

Victoria University Researcher Geoff Plimmer says many studies show it can be disastrous - so it needs to be carefully implemented.

"I think you need to have really good measures, you need to audit them, make sure they're reliable - you need to update them occasionally as well, that seems to help."

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

7629 episod

Artwork
iconKongsi
 
Manage episode 446585948 series 2882353
Kandungan disediakan oleh NZME and Newstalk ZB. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh NZME and Newstalk ZB atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.player.fm/legal.

The return of performance pay for public service bosses could be a good thing - if done right.

The Minister-in-charge, Nicola Willis, confirms it will be back by the next financial year.

In 2018, then-State Services Minister Chris Hipkins cut performance pay, attempting to slow CEO salary growth.

Victoria University Researcher Geoff Plimmer says many studies show it can be disastrous - so it needs to be carefully implemented.

"I think you need to have really good measures, you need to audit them, make sure they're reliable - you need to update them occasionally as well, that seems to help."

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

7629 episod

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