Is there such a thing as too much for a CEO? With top execs like Xero’s chief earning over $30 million — despite a review saying she was underpaid — the debate rages on. Some push for hard pay caps, but experts argue it’s messy for governments to set limits. Instead, pay ratios — comparing CEO pay to the lowest-paid worker — are gaining traction. Cooperatives like Mondragon and even Ben & Jerry’s have used ratios as low as 5:1 or 8:1 to align top and bottom earners. But critics say boards and shareholders should decide compensation, warning that paying too little risks losing talent, while paying too much hurts dividends. Globally, CEO pay has soared while worker wages have fallen — a trend mirrored in New Zealand — sparking urgent questions about fairness and inequality.
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