Management pay rises outpace workers

The gap between the pay of top chief executives and the staff they manage appears to be growing. In the latest Fairfax annual survey of pay rates at listed companies, the average pay of CEOs in 2012 was 26.4 times that of the average employee in the same companies. That's up from a multiple of 22.5 times in 2011. The survey covered 39 companies on the NZX50, of which 23 had consistent data available for the last three years. Investment [...]

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It Pays to Look Good at Work

Studies have shown that attractive people are usually hired sooner, get promotions more quickly, and are paid more than their less attractive co-workers. Attractive people earn an average of 3 or 4 per cent more than people with below-average looks, according to Daniel Hamermesh, professor of economics at the University of Texas at Austin and author of the book Beauty Pays: Why Attractive People Are More Successful. Researchers have studied the concept of beauty as a factor in a person's success [...]

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