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Home / Business / Companies / Media and marketing

Mike Hosking: Revealing salaries is petty and futile

Newstalk ZB
16 Oct, 2017 06:15 PM3 mins to read

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Publishing people's salaries is petty and futile says Mike Hosking. Photo / Michael Craig

Publishing people's salaries is petty and futile says Mike Hosking. Photo / Michael Craig

Opinion

If you think Winston Peters and this shambles around waiting for a government is bad, they have their own version across the Tasman in the form of One Nation, the brain child of Pauline Hanson.

She has a similar sort of hold over certain proceedings. Their system is infinitely more
complex than ours given they have an upper house. But her latest policy win involves the government directing the state-run broadcaster, the ABC, to publish the names and salaries of everyone who earns more than A$200,000 ($219,000) a year.

This is a petty little exercise, petty and futile. What possible good can come from it?

It is, of course, driven out of the BBC decision to do the same thing, which led to nothing but the predictable outrage from the angstys on social media - the sort of person desperate to start their day with a good moan.

There is no doubt that if you're paid by taxpayers or ratepayers, that a level of public accountability exists that doesn't in the private sector, and that in general terms is probably no bad thing.

There was some justifiable upset, for example, the other day over the number of people at the Auckland City Council who earn more than $100,000. They seemed vast numbers. But the critical part of it, and this is applicable to all disclosures of public organisations, indeed all listed companies as well: the people themselves aren't named. And this is where accountability turns into a side show.

Publishing salary bands is a world away from knowing that Bob the chief financial officer earns $260,000. What Bob earns isn't the business of anyone other than the person who writes the cheques, no matter where the money for those cheques comes from.

The general exception of course is chief executives and board members.

But here is the simple truth behind the sport that is outing well-known names and their incomes. It's for little more than gossip and spite. Little more than envy and bitching.

It serves no purpose, and hampers the organisation to compete in a very competitive market place. Let me assure you, the same would apply here as it does in Britain, that the state broadcasters don't as a rule pay well.

As outraged, upset or infuriated as you might be about any numbers that make the public domain, they are not a patch on the serious coin that's floating around the private sector.

And it's that private sector with which the state so often has to compete.

Discover more

Opinion

Hosking: Forget uni - just work hard

28 Sep 08:31 PM
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Hosking: Sick of dullards and whingers - we don't need ad watchdog

10 Oct 06:24 PM
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Even Mike Hosking has the right to complain

11 Oct 06:46 AM
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Hosking: This is just the way Winston wanted it

15 Oct 06:58 PM
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