What Is The Minimum Wage Nz 2019, Why The Living Wage Isn T All It S Cracked Up To Be Infometrics

The government also set indicative rates of 1890 from 1 april 2020 and to 20 from 1 april 2021.

What is the minimum wage us. 60480 before tax for a 40 hour week. Different types of minimum wage rates. Minimum wages in new zealand with effect from 01 04.

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 review 2019 proposal 1. These rates will be subject to each years annual review.

Are 20 years or older. 1512 an hour before tax. Minimum wage rate of 1770 to 1820 represents a 28 per cent increase which is less than the forecast 32 per cent increase in the average wage in 2020.

The minimum wage rate for training workers is. Increase the starting out and training minimum wages from 1416 to 1512 per hour from 1 april 2020 the minimum wage act 1983 requires that these rates are. Minimum wage with effect from 4119 till 33120.

The 2019 minimum wage is 1770 per hour. 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. Adult 1770 an hour.

1 april 2019 what. Minimum wage and labour law. Under their employment agreement have to do at least 60 credits a year of industry training.

Minimum wage 2020 regulatory impact statement pdf 55 mb 2019 minimum wage. The new minimum wage rates before tax are. Current minimum wage rates.

Increase the adult minimum wage from 1770 to 1890 per hour from 1 april 2020. 8 this is a high level estimate based on the additional costs to the ministries of health social development and education oranga tamariki accident compensation corporation and new. The minimum wage applies to all hours worked.

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. This proposal seeks to increase the adult minimum wage to 1770 from 1 april 2019 in order to make progress on the coalition agreement commitment to increase the minimum wage to 20 by 1 april 2021. The current minimum wage rates before tax are as at 1 april 2020 and apply to employees aged 16 years or over.

Type of minimum wage per hour 8 hour day 40 hour week 80 hour fortnight. Get the info about minimum wage here on employmentgovtnz. For example an employee who works only 2 hours at a time must still get the minimum wage for each of these hours unless the employee and employer have agreed to a higher rate in the employment agreement.

There is no minimum hours requirement.