What Is Minimum Wage Nz 2019, Labour Market Statistics June 2019 Quarter Stats Nz
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New minimum wage and living wage for 2019 may 27 2019 this week saw new zealands minimum wage increase and a new living wagerate announcedthe new minimum wage rose from 1650 to 1770 in a step towards thecoalition governments commitment of a 2000 minimum wage by 2021.
What is minimum wage for a 16 year old. The starting out and training hourly minimum wages rates increase from 1320 to 1416 per hour remaining at 80 per cent of the adult minimum wage. The minimum wage applies to all hours worked. The government also set indicative rates of 1890 from 1 april 2020 and to 20 from 1 april 2021.
The youth minimum wage applied to employees aged 16 and 17 years. 60480 before tax for a 40 hour week. 1512 an hour before tax.
The current minimum wage rates before tax are as at 1 april 2020 and apply to employees aged 16 years or over. 1 april 2019 what. The new minimum wage rates before tax are.
Current minimum wage rates. Minimum wage with effect from 4119 till 33120. The 2018 minimum wage was 1650 per hour.
Minimum wage review november 2018 pdf 12 mb minimum wage 2019 cabinet paper pdf 456 kb minimum wage 2019 regulatory impact statement pdf 512 kb 2018 minimum wage. Minimum wage 2020 regulatory impact statement pdf 55 mb 2019 minimum wage. The minimum wage rate for training workers is.
The adult minimum wage rate at 1650 per hour the starting out minimum wage rate at 1320 per hour the training minimum wage rate at 1320 per hour the adult minimum wage is paid to an estimated 71500 employees. Are 20 years or older. Starting out 1416 an hour up from 1320 training 1416 an hour up from 1320 read our page on minimum pay rules for a summary of who can earn the different rates.
Under their employment agreement have to do at least 60 credits a year of industry training. Some sectors and demographics are more likely than others to be paid the minimum wage. Get the info about minimum wage here on employmentgovtnz.
The training minimum wage was introduced in june 2003. Current minimum wage rates. From 1 april 2008 the youth minimum wage was replaced with a minimum wage for new entrants which applies to.
The 2019 minimum wage is 1770 per hour. Different types of minimum wage rates. 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.
Minimum wage and labour law. Minimum wages in new zealand with effect from 01 04. Type of minimum wage per hour 8 hour day 40 hour week 80 hour fortnight.
There is no minimum hours requirement.
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