Ratepayers sizing up the cost of CEOs | |
Adelaide Advertiser, Adelaide by Miles Kemp | 31 May 2014 |
RESIDENTS in small council areas are paying up to 19 times as much for their council chief executives' salaries, the Land Taxes Reform Association has revealed. |
I have represented the Ward in 1995-7 and again from 2006 to the present time. I find being your representative on Council to be very rewarding. Please find out more about current items that I think are of interest as well as my achievements for the Ward and plans for the future.
03 June 2014
How much is a CEO worth?
After reading the article in Saturday's paper this should be a question that people ask and debate. According to the article Walkerville's CEO is costing each ratepayer nearly $30 ($ 219,601) and Prospect's $11.54 ($241,995). The highest paid CEO is Adelaide with a salary of nearly $400,000. Their task is quite complex but I always have trouble when calculating how much we should pay our own CEO. As I sit on the CEO's Performance Committee this matter is one I need to discuss and inevitably comparisons are made. We often use Campbelltown as a comparison as it is most similar in size and rate revenue. I can still remember sitting on the same committee when we discussed paying the then CEO, Ron Green, a salary in excess of $100,000 (nearly 20 years ago), we thought this amount was outrageous and yet we paid it as this is what the market place demanded at the time.
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