Minimum pay rate nz
Starting-out minimum wage. The starting-out minimum wage applies to workers who are: 16- and 17-year-old employees who haven’t done six months of continuous employment service with their current employer. After six months with one employer they are not starting-out workers and must be paid the adult minimum wage. Minimum wage rates from previous years. Notes: From 1 May 2013 the minimum starting-out wage replaced the minimum wage for new entrants and the training minimum wage for trainees under 20 years of age.; The training minimum wage was introduced in June 2003.; The youth minimum wage applied to employees aged 16 and 17 years. The minimum wage will take a step closer to $20 an hour. New Zealand workers on the minimum wage are set for a significant pay rise. The Government has announced it will increase the minimum wage to $17.70 an hour on April 1, with further increases to take it to $20 by 2021. The minimum wage applies to all paid employees aged 16 and older, although there are different rates if your employee is 16 or 17 and is new to the workforce or if they are completing training. From 1 April 2020, minimum wages rates will go up. Minimum wage rates (external link) — Employment New Zealand. Minimum wage exemptions for people with disabilities (external link) — Employment New Zealand. Agricultural industry (external link) — Employment New Zealand. If you’re unsure how much you should be paying your employees, or think you might be paying too little, contact What: The new minimum wage rates, before tax, are: Adult — $17.70 an hour; Starting-out — $14.16 an hour (up from $13.20) Training — $14.16 an hour (up from $13.20) Read our page on minimum pay rules for a summary of who can earn the different rates. Why: Government must by law review the minimum wage rates every year.
19 Dec 2018 “These indicative rates are subject to each year's annual review, in accordance Asked by interest.co.nz how he'd like to see minimum wages
1 Apr 2019 The starting-out and training hourly minimum wages rates increase from $13.20 to $14.16 per hour – remaining at 80 per cent of the adult 18 Dec 2019 "New Zealand's economy currently has a solid footing. Our unemployment rate is low at 4.2 per cent, our economy is predicted to add 43,600 jobs 18 Dec 2019 This rate remains at 80% of the adult minimum wage. The increase to $18.90 in 2020 offers a balanced approach toward reaching the The Government has announced that the adult minimum wage will rise on 1 April 2020 to $18.90 per hour - from the current rate of $17.70 per hour. This means 11 Mar 2019 What: The new minimum wage rates, before tax, are: Adult — $17.70 an hour; Starting-out — $14.16 an hour (up from $13.20); Training — $14.16 View pay ranges for jobs and find out how qualifications can affect what you earn. Find pay rates and pay ranges for over 400 jobs in our job profiles. Job profiles Employment New Zealand website - information about minimum wage rates
Today the adult minimum wage becomes $17.70 per hour, up $1.20 from $16.50. This adds up to $708 for a 40-hour week. The starting-out and training hourly minimum wages rates increase from $13.20 to $14.16 per hour – remaining at 80 per cent of the adult minimum wage.
Current and historical minimum wage rates (external link) can be found on our Employment New Zealand website. The website also has more information about the minimum wage (external link) (including the starting-out wage and training minimum wage). Minimum Wages in New Zealand averaged 13.80 NZD/Hour from 2006 until 2019, reaching an all time high of 17.70 NZD/Hour in 2019 and a record low of 10.25 NZD/Hour in 2006. This page provides - New Zealand Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news. The Government has announced that the adult minimum wage will rise on 1 April 2020 to $18.90 per hour - from the current rate of $17.70 per hour. This means that if you have adult employees earning less than $18.90 an hour, you are legally required to increase their wage rates. Calculating Minimum Wage. The Minimum Wage can be calculated on an hourly, weekly or fortnightly minimum wage rate. From 1 April 2019, salaried workers are entitled to the minimum weekly wage of $708 per week for a 40 hour week, plus the minimum hourly wage of $17.70 for each hour thereafter. Do you know what the minimum wage currently is? Or what rates you should pay a 16-year-old who hasn’t done six months of continuous employment at your business? EmployerLine by Employsure can help put you on the path to a fuller understanding of New Zealand’s minimum wage rules, so that you may feel at ease. Call us today. Salaries and Wages in New Zealand We’ll begin our look at salaries by considering hourly wages excluding overtime. Salaries data from Statistics NZ show that in the second quarter of 2018 people were earning the wage levels shown below.
Minimum wage rates are stipulated by a single statute. The adult minimum wage applies to all employees aged 16 and over who are not starting-out workers or
18 Dec 2019 The government has confirmed the minimum wage will be going up by $1.20 next year. $18.90 rate will mean an extra $48 a week for those minimum wage should take that would also make work better in New Zealand. 6 Aug 2019 6 (Xinhua) -- The minimum wage rise helped lift labor cost index (LCI) salary and wage rates by 0.7 percent in the June 2019 quarter, New 18 Dec 2019 The new hourly rate is a significant and meaningful increase to the minimum wage, said Richard Wagstaff, New Zealand Council of Trade 1 Apr 2019 In 2018 the NZ Government announced the minimum wage will The already low pay rates in ECE are a complicated issue that delve deep The lowest-paid were cafe, bar and kitchen staff at an average annual pay of $32,000. Minimum wage rates must be paid to all employees whether full-time,
8 Jan 2020 The care and support workers pay equity settlement covers 55000 and home and community support services around New Zealand. Employees began receiving their new wage rates from 1 July 2017. The minimum rates and progression for care and support workers employed after 1 July 2017 are:
View pay ranges for jobs and find out how qualifications can affect what you earn. Find pay rates and pay ranges for over 400 jobs in our job profiles. Job profiles Employment New Zealand website - information about minimum wage rates See how different employers pay, how satisfied their employees are and what it's really like to work there. Datacom. Median Hourly Rate. NZ$49423.73 - NZ 19 Dec 2018 It's the biggest boost to the minimum wage in its history. The Government has proposed a minimum wage rate of $18.90 by April 1 2020 and $20 including Business New Zealand and the CTU, and "listened to the need for
3 Jan 2019 As Business NZ have previously commented, the use of further tax cuts, rather than increases to the minimum wage rates, is a more effective Discuss any changes (or the lack of) with your employee. Monitor legislation - If you pay your employees close to the minimum wage, adjust their pay rate