The CTU today is welcoming the decision to increase the Minimum Wage to $21.20 an hour from April 1st, 2022. This increase ensures that Minimum Wage workers do not fall further behind other workers and means that their incomes are protected in real terms, said CTU President Richard Wagstaff. “For a full time Minimum Wage worker this… Read more »
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Today’s inflation data shows that increases in the minimum wage are both necessary and desirable, says CTU Chief Economist Craig Renney. “Statistics New Zealand data released today showed that Inflation was 5.9% annually, its highest rate since June 1990. Inflation is being driven by the price of building materials, rents, fuel, and the price if… Read more »
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As the New Zealand economy stares down the barrel of a potential omicron outbreak, workers are already feeling squeezed from low wages and high levels of stress and burnout, a new survey reveals. “The annual Council of Trade Unions “Mood of the Workforce” survey covers over 1500 New Zealand workers and asks questions about workers’… Read more »
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Higher costs of rent and food for New Zealanders are strengthening the call for the Minimum Wage to be lifted to the Living Wage says CTU Economist Craig Renney. “Statistics New Zealand today has released figures showing a 6% annual increase in rents across the country, and a 4% annual increase in food prices. Both… Read more »
Read more... CTU back Fair Pay Agreements to set minimum standards for pay and conditions The New Zealand Council of Trade Unions continue to support the delivery and implementation of the Fair Pay Agreements (FPA’s) legislation that the government has been working on for several years, and which has been included in their past two manifestos, says… Read more »
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Essential workers deserve a pay rise for their work during the COVID-19 pandemic, says the Council of Trade Unions as they launch a call on the Government to raise the Minimum Wage to $22.75 an hour – the Living Wage rate. “Our essential workers are heroes who worked so hard to get us through the… Read more »
Read more... The New Zealand Council of Trade Unions is welcoming today’s announcement that workers in the core public service will be paid a minimum of the New Zealand Living Wage rate of $22.75 when their department’s service contracts come up for renewal. This is important recognition of both the essential role that these workers play in… Read more »
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Hope you all enjoyed Labour Day this week – brought to you by the union movement. This month’s Economic Bulletin – a discussion of the minimum wage based on the recent CTU submission to the Government. It also includes some updated gender and ethnic wage gap graphs and finds the reduction in female employment, I… Read more »
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In July, the Centre for Labour, Employment and Work (CLEW) at Victoria University released their annual analysis of collective employment agreements (CEAs). It shows again that people who are part of a collective get better pay rises: the union pay premium.
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In June, Statistics New Zealand published data from its annual Annual Enterprise Survey (AES) which shows company profits, wages and salaries paid, and many other details of companies in the commercial economy. It shows a falling share of income going to wage and salary earners, along with increasing company profits which are even stronger when… Read more »
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