Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Wage settlements below 5% the norm

Media statement Monday, May 23rd, 2005

Wage settlements below 5% the norm

Unions are settling many wage claims for less than five per cent per annum, with no benchmark figure in sight this year, says the Manager of Employment Services for EMA, David Lowe.

The ‘one size fits all’ wage increase of five per cent is dead in the water, he said.

“Unions may still be saying five per cent is the going rate but many employers are now finding this is not the case,” Mr Lowe said.

“Old style stand over tactics have failed; settlements are regularly being reached at substantially less than the five per cent.

“Some small businesses targeted by the union who succumbed to bullying tactics are now contacting EMA asking for help.

“Wages need to be agreed on the basis of the specific circumstances of the employees and the business involved.

“Some unions have been forced to back down when their own members have ignored union advice and accepted their employer’s offer.

“Employers and employees want to work together.

“Unions promoting their value to members by creating divisions between workers and management are from a by-gone era, and their own members are telling them that.”

ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Media Mega Merger: StuffMe Hearing Argues Over Moveable Feast

New Zealand's two largest news publishers are appealing against the Commerce Commission's rejection of the proposal to merge their operations. More>>

Elsewhere:


Approval: Northern Corridor Decision Released

The approval gives the green light to construction of the last link of Auckland’s Western Ring Route, providing an alternative route from South Auckland to the North Shore. More>>

ALSO:


Crown Accounts: $4.1 Billion Surplus

The New Zealand Government has achieved its third fiscal surplus in a row with the Crown accounts for the year ended 30 June 2017 showing an OBEGAL surplus of $4.1 billion, $2.2 billion stronger than last year, Finance Minister Steven Joyce says. More>>

ALSO:

Mycoplasma Bovis: One New Property Tests Positive

The newly identified property... was already under a Restricted Place notice under the Biosecurity Act. More>>

Accounting Scandal: Suspension Of Fuji Xerox From All-Of-Government Contract

General Manager of New Zealand Government Procurement John Ivil says, “FXNZ has been formally suspended from the Print Technology and Associated Services (PTAS) contract and terminated from the Office Supplies contract.” More>>