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

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Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.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."

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See omnystudio.com/listener for privacy information.

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7629 episoade

Artwork
iconDistribuie
 
Manage episode 446585948 series 2882353
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.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 episoade

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