Living Wage to increase in September
The Living Wage Movement Aotearoa New Zealand has announced the Living Wage will increase from $20.55 to $21.15.
The new rate will come into effect September 1 2019.
The Living Wage is defined as the income necessary to provide workers and their families with the basic necessities of life.
A Living Wage will enable workers to live with dignity and to participate as active citizens in society.
“This is a major event in the calendar of the Living Wage Movement and for ethical employers, from large to corporates like Westpac, to many small employers who want to do the right thing,” says National Living Wage accreditation coordinator Felicia Scherrer.
“The Living Wage makes good business sense. Not only does Living Wage accreditation support a business reputation as an ethical employers, it also means better staff culture, a lift in productivity, and minimising the costs associated with poverty wages.”
The New Zealand Living Wage rate is identified each year by Charles Waldegrave of the Family Centre’s Social Policy Research Unit and Dr Peter King.
This year’s increase of 60 cents is in line with the movement of the minimum wage.