New Zealand market rate.The employment agreement provided states that you have been offered anannual salary of $43,000, this equates to an hourly rate of $20.67 per hourbased on a 40 hour of work per week.According to information available publicly on www.careers.govt.nz / MBIEOccupation O...
Originality/value – NZ has substantially increased minimum wages for teenagers and adults since 2000. For example, since the youth minimum was introduced in March 1994, it had increased by 52 per cent in real terms by 2004. Consequently, recent NZ experience offers a rare opportunity to ...