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


Five weeks holidays just a dream for most

Thursday, June 22nd, 2006

Five weeks holidays just a dream for most

One employer is offering free air tickets to Australia to staff instead of an extra week's holiday entitlement next year, the Employers & Manufacturers Association (Northern) reports.

With annual holiday leave entitlements set to rise to four weeks in 2007 for everyone, EMA has just run a survey to find out how many employers plan to extend holidays to five weeks for those staff already on four weeks.

"62 per cent of businesses have no plans to top up holidays for staff with another week's holiday," said David Lowe, Employment Services Manager for EMA (Northern).

"But the employer offering free travel to Australia is taking a chance staff might not come back!

"Over 1100 businesses surveyed show employees on four weeks that may be hoping for a further week off are likely to be disappointed.

"In addition, 23 per cent of businesses have yet to decide what they'll do though we expect them to follow the majority.

"There are wide variations on how the remaining 15 per cent of employers propose to make some adjustments around the extra week's leave. Some say they will use it to recognise long service with others making one-off payments instead of time off.

"Employers need to decide on their plans early as they are required to accrue this year for holiday entitlements taken up next year.

"Employment agreements thought likely to force many employers to offer five weeks holiday seem unfounded; only three per cent of employers face such an issue with a further eight per cent unsure because of ambiguity in their employment agreements.

"A union claim for five week's holiday also seems to have flopped with only 1.6 per cent of businesses surveyed indicating they had agreed to it, or to pay an equivalent amount.

"As soon as they decide what they will do, employers should tell their staff. The longer staff can dream of the beach they will head for on their extra week off, the bigger the disappointment."


© Scoop Media

Business Headlines | Sci-Tech Headlines


Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>


Half A Billion Accounts: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>

Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>


Half Full: Fonterra Raises Forecast Payout As Global Supply Shrinks

Fonterra Cooperative Group, the dairy processor which will announce annual earnings tomorrow, hiked its forecast payout to farmers by 50 cents per kilogram of milk solids as global supply continues to decline, helping prop up dairy prices. More>>



Meat Trade: Silver Fern Farms Gets Green Light For Shanghai Maling Deal

The government has given the green light for China's Shanghai Maling Aquarius to acquire half of Silver Fern Farms, New Zealand's biggest meat company, with ministers satisfied it will deliver "substantial and identifiable benefit". More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news