Money for nothing

In this day and age, it simply isn't possible for a single "celeb CEO" to take the helm of a complex organisation, making all the decisions and demanding sole control.

That's one of the points made by Robert Heller in a wide-ranging discussion about CEOs, pay and leadership for this week's Working Week podcast.

The complexity of modern corporations is such that they need to call on a variety of talent, Heller argues, and they require leaders who acknowledge that "many hands are better than one".

And, as he tells Wayne Turmel, if there is one thing that he could change about the modern workplace, it would be the "ridiculous, obscene and counter-productive" gap between the pay awarded to CEOs and the packages handed out to the rest of us.

"We used to have a saying when referring to managers that if you pay peanuts, you get monkeys. Now that's changed. If you pay gold bricks for doing nothing, you'll get people who just do nothing."

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Author: Brian Amble

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