Minimum wage to rise

Minister of Labour and Tauranga MP Simon Bridges today announced the adult minimum wage is to rise to $14.25 an hour.

The current adult minimum wage rate is $13.75 an hour.

Labour Minister Simon Bridges has announced the minimum wage will rise.

The starting-out and training minimum wages will increase from $11 an hour to $11.40 an hour, which is 80 per cent of the adult minimum wage.

'Setting these wage rates represents a careful balance between protecting low paid workers and ensuring jobs are not lost,” says Simon.

'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.”

Simon says 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.”

1 comment

Price increases

Posted on 24-02-2014 16:39 | By YOGI BEAR

Or employ experienced adults who know what they are doing so avoiding the huge cost and guess of employing newbees ...


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