Tag Archives: Companies

What NZ CEOs are paid

It’s difficult to be positive about the obscene salaries these people receive. Especially in light of Rogernomics & the Neo-lib disaster that destroyed so many people. And continues to do so. Great idea for those at the top, not so for those at the bottom. Of course it was a scam & in my opinion never intended to benefit everybody. We can see who it is benefiting right in plain sight here.

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From the NZ Herald

Chief executives at New Zealand’s biggest companies got a 2.2 per cent pay rise last year, taking their average earnings to $1,755,352 in the 2017 financial year.

It was the second-smallest increase in the 13-year history of the Business Herald’s CEO pay survey.

The survey covers the top 50 companies listed on the sharemarket, with the exception of some property firms whose management structure makes it difficult to calculate CEO pay, and the addition of Fonterra because of its size, and Herald publisher NZME, included in the interests of transparency.

Fifteen executives experienced earnings declines last year, compared with nine recorded in the previous year’s survey. The 2.2 per cent average increase was the lowest on record, apart from 2011, when average CEO pay fell by 0.4 per cent.

While CEO earnings increases were modest compared to some previous years, 38 of the 50 chief executives in the survey still received more than $1 million in remuneration, and their average was 55 times the median annual income Kiwis received in that year, recorded at $31,928, according to Statistics NZ.

The average CEO increase was in line with the 2.3 per cent rise Kiwis received last year.

Former Fonterra boss Theo Spierings was the highest-paid executive last year. Spierings, who stepped down last month, received $8.3m for the 2017 financial year, up from $4.66m he received a year earlier.

READ MORE at the link (graphs & figures included)

https://www.nzherald.co.nz/personal-finance/news/article.cfm?c_id=12&objectid=12134854

 

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Did you know that your country is a corporation Kiwis? And your Councils are companies?

The New Zealand Government: A United States SEC Registered Corporation

Learn about why a corporation cannot legally govern, the corporatized governments of other countries and an investigation into the Reserve Bank of NZ ‘Corporation’.

Download the pdf file at the link provided at wakeupkiwi and see directions for how you can verify NZ’s listing at the SEC (Security and Exchange Commission) website in Washington DC for yourself. Your country is listed as being owned by Her Majesty the Queen.

You will find also most of our ‘government’ departments listed there as well. For obvious reasons this creates an anomaly regarding democracy when companies & corporations owe their first allegiance to their shareholders, not you the public.

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If you visit Dun and Bradstreet’s website you will also find your own local District Councils listed there. They are companies also.

Check out our following pages for further relevant information:

  • Local Govt Watch (for the current corruption & loss of democratic rights in Councils) … don’t forget the sub pages with individual regions
  • Corporations (to learn how corporations operate … particularly you should watch The Corporation movie, a real eye opener)
  • Banking (& Money Trail) for info on who has corporatized everything and who is benefiting from all the loans you are in bondage to (again don’t forget the sub pages)
  • Agenda 21/2030 for the UN plan that connects all of the above dots. Particularly read Naomi Jacobs’ ebook downloadable from the Agenda 21 in NZ pages.

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The Corporation: History & Revolution

From Geopolitics.co 

“This documentary will bring you to the backdoor of your favorite brand names – those that make some of us shopaholics.

Nation-State is just an illusion. We don’t belong to a race. We are all subservient to Corporations. If the slave yesterday was housed and fed, a more complex arrangement is implemented today wherein the slave can house and fed himself creating a perception of independence. Yet the control mechanism is still there by the amount of take-home pay he is receiving which is barely enough to stay alive to work for another day. He can’t afford to set long term goals…”

Source: The Corporation: History & Revolution

For further understanding do watch ‘The Corporation’ movie.

EnvirowatchRangitikei