Is performance-related pay just pie in the sky?
A survey of NZX company performance over the last five years finds little connection to the pay of their CEOs.
The days of the rock star CEO are arguably gone.
You know the saying – you pay peanuts, you get monkeys. It’s the simple logic underpinning how we typically think about the relationship between pay and performance at work.
The higher the rewards, the higher-quality person you can attract.
At chief executive level, the principle goes further.
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