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PKF Bay of Islands

Accountants and business advisers

Articles

Minimum wage rise from 1 April 2020, 31 March 2020

06 Mar 2020

Adult Workers:

From 1 April 2020, the minimum hourly rate for an adult worker (ie someone who is neither a trainee nor a starting-out worker) is $18.90 per hour. The daily minimum is $151.20, the weekly minimum is $756 and the fortnightly rate (which applies to anyone whose basis of payment — as distinct from frequency of payment — exceeds a week, eg salaried workers) is $1,512. Hours worked in excess of the daily, weekly or fortnightly rates must be paid at $18.90 per hour.

Starting-out Workers & Trainees:

The same rates apply to starting-out workers as are applicable to trainees. The new hourly minimum is $15.12. The daily rate is $120.96, the weekly rate is $604.80 and the fortnightly rate is $1,209.60. Hours worked in addition to the daily, weekly or fortnightly rates must be paid at a minimum of $15.12 per hour.


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