Private vs public sector: How does pay compare for our top bosses?

Kiwi CEOs are paid 30 to 50 times more than the average wage.  
 
Questions have long been asked about whether those levels of remuneration are justified, particularly when the performance of an organisation doesn’t always live up to expectations.
 
This, of course, applies to private companies, but the salaries of some public sector CEOs have also led to sharp criticism.  
 
As the country heads into a recessionary period, is there any likelihood of top bosses taking pay cuts? And in the high-flying world of executive salaries, does it pay more to work in the private or public sector? 
 
On The Front Page today, Damien talks to NZME managing editor of business Duncan Bridgeman run through the big numbers behind our top bosses.     

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