NZ Prime Minister’s Salary: How Chris Hipkins’ salaries compare to overseas politicians
On one side the whole world is struggling with the cost of living crisis while on the other hand, the Kiwi politicians won’t be feeling the pinch. The prime minister of New Zealand often has been cited as one of the highest-paid politicians or leaders in the world. Recently, it was stated that the politicians of New Zealand and backbench MPs earn three times the median salary of the people of the country. Amid the crisis of the cost of living, the salary of New Zealand’s Prime Minister has become the center of attention. Although, in five years the remunerations of the NZ politicians and leaders have not been increased. If you are also keen to learn how much the Prime Minister of New Zealand earns, this article is for you. You are asked to stick with this page and go through it till the end.
NZ Prime Minister’s Salary
The salary of the MPs in New Zealand varies depending on what their office holds such as the position of Speaker, Prime Minister, member of cabinet, and leader of the opposition. The basic salary of an MP in New Zealand is $163,961 while the member of the cabinet gets $296,007. What is the NZ Prime Minister’s salary? Jacinda Ardern is the prime minister of New Zealand. Her name comes among the top leaders in the world. Scroll down the page and read what is her salary.
Jacinda Ardern earns $471,049 annually. Do you know Jacinda Ardern is just behind the six people? The highest-paid leader in the world is Lee Hsien Loong who is the prime minister of Singapore and earns SGD$ 2.2 million, the second on the list is John Lee who is the chief executive of Hong Kong and he earns HK$5,426,400, Ignazio Cassis, the president of Swiss confederation is in the third position and his salary is CHF 456, 854, The President of the United States Joe Biden earns USD $400,000, Anthony Albanese, the prime minister of Australia gets a remuneration of A$564,364, and Olaf Scholz the chancellor of Germany is in the sixth position just ahead of NZ Prime Minister with a salary of €362,268 per year.
The chairman of the Remuneration Authority named Geoff Summers said the politician serves the public and looks at the public sector wages to see how they are working. Summers said the cost of living is not taken into account because general inflation and wage inflation have very little correlation. Stay tuned to this website for more details and further updates.
