Minimum wages increase from 1 April 2025
Wage rates are going up---From 1 April 2025:
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***the adult minimum wage will go up from $23.15 to $23.50 per hour
***the starting-out and training minimum wage will go up from $18.52 to $18.80 per hour
***all rates are before tax and any lawful deductions, for example, PAYE tax, student loan repayment, child support.
What to do now
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Take this opportunity to review your business processes, employment records and systems.
***Check that your payroll system is ready and updated for the 1 April changes, whether you have a manual or computer-based system.
***Re-calculate and update your budgets and cashflow as the increase may have an impact, including on items such as ACC levies, KiwiSaver contributions and holiday pay.
***Review the pay rates for skilled employees from 1 April.
***Consider reviewing your pricing strategy.
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Time to Tickle Your Thinker 🧠
If a zookeeper had 100 pairs of animals in her zoo, and two pairs of babies are born for each one of the original animals, then (sadly) 23 animals don’t survive, how many animals do you have left in total?
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Poll: As a customer, what do you think about automation?
The Press investigates the growing reliance on your unpaid labour.
Automation (or the “unpaid shift”) is often described as efficient ... but it tends to benefit employers more than consumers.
We want to know: What do you think about automation?
Are you for, or against?
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9.6% For. Self-service is less frustrating and convenient.
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43.2% I want to be able to choose.
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47.2% Against. I want to deal with people.
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