Thu. Dec 19th, 2024

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Workplace Relations and Safety Minister Iain Lees-Galloway on Wednesday announced, “The Government is making sure we share the prosperity of our strong economy fairly with those on the minimum wage by lifting it to $18.90 per hour on 1 April 2020 – the next step in the Government’s plan for a $20 minimum wage by 2021. An estimated 242,000 workers will benefit by a lift in their income, which includes people working on $17.70 and between $17.70 and $18.90 an hour. The new $18.90 rate will mean an extra $48 per week before tax for Kiwis who work for 40 hours on the current minimum wage.” The Minister has called it “the biggest equal lift ever”.

“Last year, we signalled minimum wages of $18.90 for 2020 and $20 in 2021. By re-confirming these rates we offer certainty the businesses need for planning and forecasting. The starting out and training wages will also see a boost, with a rise to $15.12 per hour from 1 April 2020, remaining at 80% of the adult minimum wage,” he added.

– content courtesy www.beehive.govt.nz

Editor The Indian News

By Editor The Indian News

Yugal Parashar, Editor, The Indian News

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