The Workplace Relations and Safety Minister has announced that the adult minimum wage will be rising to $23.15 per hour from 1 April 2024. This is an increase of 45 cents per hour from the current hourly rate of $22.70.
The training and starting-out minimum wages will also both increase to $18.52 per hour, remaining at 80% of the adult minimum wage. This is a rise from the current minimum rate of $18.16 per hour.
For an employee who works 40 hours a week, the minimum wage increase to $23.15 per hour means they’ll earn an extra $18 each week before tax.
Between 80,000 and 145,000 New Zealand workers who are currently paid between the current and new minimum wage rates will get an increase in their pay packets as a result of the change in the minimum wage.
Read the Beehive Press Release here:
Minimum wage set for cautious increase(external link) — Beehive.govt.nz
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