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SALARY PAYMENT IN New Zealand Dollar (NZD, $)
CONTRACT LANGUAGES English
PAYROLL TAX 4%
PAYROLL CYCLE Monthly
TIME TO HIRE 24 hours
Hire and pay talents
with Horizons in
180+ countries
There are three different minimum wage rates in New Zealand that encompass training, starting-out, and adult.
As of April 2022, the current minimum wage rates per hour in New Zealand were:
The minimum wage rates apply to individuals over 16 years of age but the classification depends on the employee’s circumstances.
Training minimum wage applies to:
Starting-out minimum wage applies to:
No. New Zealand’s central government sets the minimum wage rates and rates apply to the whole country.
In the period between April 2017 and April 2022 New Zealand’s minimum wage has increased by 35%.
The increase in New Zealand’s minimum wage between April 2017 and April 2022 represents a considerable increase in real wages.
Date | Min. wage, hourly rate (NZD) |
---|---|
2022 | 21.20 |
2021 | 20.00 |
2020 | 18.90 |
2019 | 17.70 |
2018 | 16.50 |
2017 | 15.75 |
2016 | 15.25 |
From an employer’s perspective, the minimum wage in New Zealand compares favorably to the minimum wage in its nearest neighbor, Australia.
In USD terms, New Zealand’s minimum wage is roughly $1.50 per hour less than in Australia. This equates to savings of USD$240 over a month or USD$2,880.
No. Provided they are eligible to work in New Zealand, migrant workers have the same minimum employment rights as native workers. These minimum employment rights include being paid the minimum wage.
Your business can easily hire employees in New Zealand without opening a local entity. We handle local employment law, complex tax regulations, and international payroll in 180+ countries worldwide. All you need to do is focus on your business.
Median salaries vary across industry sectors and job roles. In 2022, median income from wages and salaries was NZD$29.66 per hour. When compared to New Zealand’s adult minimum wage of NZD$21.20 per hour, this equates to a difference of just under NZD$8.50.
The minimum wage changes annually in New Zealand. The next increase in New Zealand’s minimum wage is due on March 31st 2023.
New Zealand does have a living wage. For 2022/23 the living wage on NZD is $23.65 per hour.
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Headquarters – Singapore
71 Robinson Road #13-153
Singapore 068895
+65 3105 1170
Skalitzer Str. 85/86
10997, Berlin
+49 30 3119 9653
1700 S. Lamar Blvd Suite 338
Austin, Texas 78704
+1 (737) 265-6065
See more locations
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