Comments on: Oz Post and Medibank the cream of the public sector earners http://www.crikey.com.au/2009/08/25/oz-post-and-medibank-the-cream-of-the-public-sector-earners/ now with extra source Sun, 12 Feb 2012 09:16:19 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: John Bennetts http://www.crikey.com.au/2009/08/25/oz-post-and-medibank-the-cream-of-the-public-sector-earners/#comment-35428 John Bennetts Tue, 25 Aug 2009 04:59:19 +0000 http://www.crikey.com.au/2009/08/25/oz-post-and-medibank-the-cream-of-the-public-sector-earners/#comment-35428 . .

]]> By: John Bennetts http://www.crikey.com.au/2009/08/25/oz-post-and-medibank-the-cream-of-the-public-sector-earners/#comment-35427 John Bennetts Tue, 25 Aug 2009 04:58:58 +0000 http://www.crikey.com.au/2009/08/25/oz-post-and-medibank-the-cream-of-the-public-sector-earners/#comment-35427 I am surprised to note that no ATO staff made the list. Yet. I am surprised to note that no ATO staff made the list. Yet.

]]> By: Nick Hudson http://www.crikey.com.au/2009/08/25/oz-post-and-medibank-the-cream-of-the-public-sector-earners/#comment-35413 Nick Hudson Tue, 25 Aug 2009 04:13:38 +0000 http://www.crikey.com.au/2009/08/25/oz-post-and-medibank-the-cream-of-the-public-sector-earners/#comment-35413 It might be fine if more peanuts meant fewer monkeys. The problem is that there seems to be no correlation between alary and competence. Try this test: A good actor is appointed to four jobs: Chief Scientific Officer, CEO, receptionist, Marketing Director, Accountant. In which job would he last longest without being detected as a plant? The answer HAS to be CEO. And the bigger the firm, the longer he would last, simply because he has more supporters and advisers. What are the talents needed for a good CEO: Common sense, networking skills, ability to assess advice and advisers, moral leadership, financial stewardship, capacity to make decisions, personal integrity. These talents are not rare, They are more common than those of a Chief Scientific Officer, receptionist, Marketing Director or Accountant. Any person who believes that a CEO is worth more than a Prime Minister is deluded (even is he is a Prime Minister). Any person who believes that the required talents could not be bought at a cheaper price hasn't tried. Ant person who believe that he himself is worth more than a Prime Minister is not likely to have the talents required of a CEO. And person who believes that he himself should be paid more than a Prime Minister has delusions of It might be fine if more peanuts meant fewer monkeys. The problem is that there seems to be no correlation between alary and competence.
Try this test: A good actor is appointed to four jobs: Chief Scientific Officer, CEO, receptionist, Marketing Director, Accountant. In which job would he last longest without being detected as a plant?
The answer HAS to be CEO. And the bigger the firm, the longer he would last, simply because he has more supporters and advisers.
What are the talents needed for a good CEO: Common sense, networking skills, ability to assess advice and advisers, moral leadership, financial stewardship, capacity to make decisions, personal integrity.
These talents are not rare, They are more common than those of a Chief Scientific Officer, receptionist, Marketing Director or Accountant.
Any person who believes that a CEO is worth more than a Prime Minister is deluded (even is he is a Prime Minister).
Any person who believes that the required talents could not be bought at a cheaper price hasn’t tried.
Ant person who believe that he himself is worth more than a Prime Minister is not likely to have the talents required of a CEO.

And person who believes that he himself should be paid more than a Prime Minister has delusions of

]]> By: robbi64 http://www.crikey.com.au/2009/08/25/oz-post-and-medibank-the-cream-of-the-public-sector-earners/#comment-35410 robbi64 Tue, 25 Aug 2009 04:06:28 +0000 http://www.crikey.com.au/2009/08/25/oz-post-and-medibank-the-cream-of-the-public-sector-earners/#comment-35410 Does anyone know whether Mr KRudd's salary there includes an estimate for his board? He doesn't pay rent on The Lodge or Kirribilli, does he? If not, the value of that rent ought to be included in the "remuneration" column. (I wonder if the Fed Govt pays FBT on that?) How about the parliamentary dining room - do they still subsidise the ala carte menu? Wot about the Comcars, the bodyguards, and the private jet? My point is only that we may be paying our PM fairly, once those things are taken into account. He looks a bit lonely there on only $330K, but he does get a lot of expenses covered that most salary earners never enjoy. If someone can answer my questions, I'd love to have a chat about it (I'm a girl). ;) Does anyone know whether Mr KRudd’s salary there includes an estimate for his board? He doesn’t pay rent on The Lodge or Kirribilli, does he? If not, the value of that rent ought to be included in the “remuneration” column. (I wonder if the Fed Govt pays FBT on that?) How about the parliamentary dining room - do they still subsidise the ala carte menu? Wot about the Comcars, the bodyguards, and the private jet?

My point is only that we may be paying our PM fairly, once those things are taken into account. He looks a bit lonely there on only $330K, but he does get a lot of expenses covered that most salary earners never enjoy.

If someone can answer my questions, I’d love to have a chat about it (I’m a girl). ;)

]]> By: michael crook http://www.crikey.com.au/2009/08/25/oz-post-and-medibank-the-cream-of-the-public-sector-earners/#comment-35401 michael crook Tue, 25 Aug 2009 03:54:36 +0000 http://www.crikey.com.au/2009/08/25/oz-post-and-medibank-the-cream-of-the-public-sector-earners/#comment-35401 Venezuela have had major salary reviews this year , especially in the state owned oil company where a couple of levels of senior management have been completely dispensed with and where executive salaries in the future will be no more than 4 times that of the lowest wage earner. Sound fair to me. Venezuela have had major salary reviews this year , especially in the state owned oil company where a couple of levels of senior management have been completely dispensed with and where executive salaries in the future will be no more than 4 times that of the lowest wage earner. Sound fair to me.

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