Tag: remuneration

I aim to share short, informative posts on current developments and ideas in the HR space that are of practical use to employers and employees alike!

I want to make sure you always know what is happening in the world of human resources. Here I provide you with latest news and updates from Essential HR, as I identify them. This includes my own analyses, summaries of key legal developments month by month, and useful tips for your organisation.


No Work No Pay - can you do this?

It may be the weather; it may be unplanned absence, or it may simply be a lack of customers.  If you wish to be able to not pay staff for time when they aren't needed you need to get your Agreements and processes right.

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Wage Increases

Minimum Wage rates will increase by 3.2% on 1 April - going to $15.75 per hour.  December CPI shows overall CPI increases over the past year at 1.3%. It's time to plan!

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Genuine non-monetary rewards

I had a meeting with a client a few weeks ago. I am sure you will be able to identify with this client.

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Increase in Minimum Wage Rate 1 April

Minimum wage rates will increase to $15.25 from 1 April (and training rates from $11.80 to $12.20).  This is a 3.5% increase in times where inflation is down at 0.1%.

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Equal Pay - a measurement challenge

So, the College of Midwives has started legal action and the NZ Education Institute has said it will do likewise on behalf of education support workers.

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CPI Falls

The Consumer Price Index has fallen by 0. 3% in the last quarter, so that the annual rate of inflation is now only 0. 1%.

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Minimum Wage Increases

Please be aware that the minimum wage increases on 1 April to $14. 75 per hour (an increase of 3. 5%).

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BYOD!

No, I am not talking about bringing drinks to work. But this is a different idea relating to employing the technological generation: Bring Your Own Devices! Results.

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Latest CPI data

The CPI figures for the year to 30 June 2014 have just been released at 1. 6%, which is very consistent with inflationary pressures in the preceding 6 months.

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On-Call rates

We have had a few questions about ‘on-call’ rates.

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Need help managing staff?

Mike has a wealth of experience advising on every aspect of the employer-employee relationship. I can give you per-phone guidance or work along side you to make things happen.

Keeping You Posted

30 May 2024

Essential Update May 2024

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11 April 2024

Essential Update - 11th April 2024

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10 January 2024

Essential Update - First update of 2024

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