Written By: - Date published: 9:57 am, February 1st, 2012 - 6 comments
Embattled Christchurch City Council CEO Tony Marryatt was asked on Campbell Live last night if he is worth his $500K salary. He said it is the market rate (in fact, its 100K over the median) and he would do the job whether the pay “was 200K or a million”. Now, doesn’t that mean the market clearing price for his labour is $200K? The Council could do a lot with an extra $300K. When’s the pay cut coming?