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There are three different minimum wage rates in New Zealand that encompass training, starting-out, and adult.
As of April 2024, 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.
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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.
As the findings above suggests, for most professional jobs, you are unlikely to attract skilled candidates by offering salaries close to the minimum wage. Furthermore, data from the OECD indicates that unemployment in New Zealand is at its lowest level since 2007 and that employers continue to report positive hiring intentions. The continued tightening of New Zealand’s labor market is driving wage increases.
New Zealand does have a living wage. For 2022/23 the living wage on NZD is $23.65 per hour.