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Speaker 1: Hey, listen. On principle, I really like Nichola Willis's idea

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Speaker 1: of performance pay for the chief executives in the public sector.

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Speaker 1: I don't know if you realize it's actually not a

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Speaker 1: new idea. I mean, we were actually doing this until

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Speaker 1: Jasinda's lot gotten and then Chris Hipkins, who was the

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Speaker 1: relevant minister, canceled it because you know, extra pay for people.

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Speaker 1: You know, I don't like that idea. And actually the

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Speaker 1: extra pay was pretty generous. It was about fifteen percent

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Speaker 1: on top of base pay. Now, some of those guys

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Speaker 1: in the public sector get paid close to seven hundred

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Speaker 1: thousand dollars a year, so that's another one hundred thousand

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Speaker 1: dollars if they strike their targets, which is pretty good. Now.

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Speaker 1: As to whether it works or not, we'll have to see,

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Speaker 1: But a cursory look at performance would say it might

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Speaker 1: have an impact because the public sector was running a

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Speaker 1: lot better before Jacinder when they had the public the

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Speaker 1: performance pay than they were running under just Cinder when

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Speaker 1: they had no performance pay. But generally, I would say

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Speaker 1: the reason that I like it is because it's a

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Speaker 1: smart idea. I think, just in general, to try to

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Speaker 1: get the public sector to run a little bit more

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Speaker 1: like the public sector. Like the private sector. Sorry, and

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Speaker 1: this is pretty standard stuff for a private sector CEO.

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Speaker 1: And the reason I say that is because the private

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Speaker 1: sector is just simply better at doing what it does

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Speaker 1: than the public sector is. I mean, take, for example,

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Speaker 1: a business that makes widgets, right. The business's job is

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Speaker 1: to make the best widgets at the best price in

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Speaker 1: order to make the most money. The widget business knows

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Speaker 1: that's its job in anything else's noise, and they ignore it.

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Speaker 1: The public sector, though, gets distracted by everything all of

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Speaker 1: the time because I don't think they really know what

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Speaker 1: their job is all the time or care enough. I mean,

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Speaker 1: take the Reserve Bank, right, The primary job of the

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Speaker 1: Reserve Bank is to keep the inflation rate between one

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Speaker 1: and three percent. What did they do? They got distracted

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Speaker 1: by identifying as a tree and hiring diversity advisors. What

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Speaker 1: has that got to do with the financial systems and

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Speaker 1: the economics of the country. They were hiring diversity advisors,

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Speaker 1: just going off on any kind of fashionable issue that

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Speaker 1: took their fancy inflation above seven percent. Ministry for Education,

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Speaker 1: the primary job is to teach our kids, right, get

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Speaker 1: as many of them to achieve as higher grade as possible.

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Speaker 1: What did they end up doing getting distracted by weirdo

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Speaker 1: experiments like barn style open classrooms and letting chick children

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Speaker 1: decide for themselves what they want to learn, And what happened?

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Speaker 1: Our kids' grades comparative to others in the world completely

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Speaker 1: fell through the floor. So yeah, how about we focus

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Speaker 1: those public sector bosses back onto what they're actually employed

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Speaker 1: to do. And I'll tell you what, nothing focuses the

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Speaker 1: mind like some extra money. For more from Heather Duplicy

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Speaker 1: Allen Drive, listen live to news talks 'd B from

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Speaker 1: four pm weekdays, or follow the podcast on iHeartRadio.