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New Zealand Minister of Labour annouces minimum wage increase as per April 1

24 February 2014 Labour Minister Simon Bridges today announced the adult minimum wage is to rise to NZ$ 14.25 an hour. The current adult minimum wage rate is NZ$ 13.75 an hour.

“Setting these wage rates represents a careful balance between protecting low paid workers and ensuring jobs are not lost,” says Mr Bridges. “The increase announced today balances the needs of both businesses and workers and will have minimal impact on the wider labour market and inflationary pressures.” “This increase will keep the minimum wage at around 50 per cent of the average hourly rate, which is the highest rate in the OECD.”

“The Government is firmly focussed on growing the economy and boosting incomes. Through our Business Growth Agenda we are creating opportunities to help grow more jobs in New Zealand, for New Zealanders.”

The new minimum wage rates will come into effect on 1 April 2014.

Now is the time to start thinking about your working holiday or evening classes and work during the day programme in New Zealand. Contact us through info@studynewzealand.eu

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