![Pay and rent rise for defence staff](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Pay and rent rise for defence staff
New Zealand Defence Force staff are in line for a $45 million pay rise - but rents for those living in defence accommodation will also be increasing.
New Zealand Defence Force staff are in line for a $45 million pay rise - but rents for those living in defence accommodation will also be increasing.
The salary of Auckland Council chief executive Doug McKay has jumped from $675,000 to $768,750 in one year after an incentive bonus was rolled into his fixed pay.
Auckland Council chief executive Doug McKay pocketed $840,000 in the past year, making him one of the best paid public sector bosses in the country.
Former Telecom boss Paul Reynolds pocketed more than $12 million in cash and shares during his final year with the company.
Base pay for top executives has risen nearly 10 per cent in the past year but bonuses and incentives have come down dramatically.
Wellingtonians are earning tens of thousands of dollars more than Aucklanders in most professions - but highly paid Queen City bankers are skewing the trend.