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

 


Over $2,000 more in our back pockets

Over $2,000 more in our back pockets

Salaries grew by over $2,000 in 2013, shows data released today by SEEK, New Zealand’s largest job source. The average Kiwi pay packet increased by 3% to $74,002 per annum across jobs advertised on www.seek.co.nz.

“A 3% increase in average salaries for jobs listed on seek.co.nz equates to an additional $185 every month. This makes a significant difference to New Zealander’s spending ability, as highlighted by the recent increase in spending, with record retail sales over the holidays,” comments Janet Faulding, General Manager - SEEK New Zealand.

Interestingly, it wasn’t the big cities to lead the way in salary growth over the last 12 months. Gisborne’s average pay packet rose a significant 10% to $75,000 and Marlborough grew by 8% to over $65,000 - driven by a particularly strong demand for quality employees in the wine industry. Northland and Manawatu salaries both grew by 6% to $66,160 and $62,803 respectively.

Main cities also fared well, with Wellington claiming the highest average national income of over $81,000 and with pay increasing by 4%. Salaries in Auckland increased by 3% to over $75,000 and Canterbury by 5% to almost $73,000.

The industries paying the highest salaries in 2013 on seek.co.nz were dominated by Construction, Consulting & Management and Information & Communication Technology - all offering average salaries above $90,000.

The fastest growing salaries were in Design & Architecture, which increased by almost 12% and Construction which increased by 10.2%. The property market in 2013 experienced a surge of activity in both the commercial and residential sectors, driving demand and in-turn forcing salaries skyward.

“The buoyant real estate market and Christchurch reconstruction are key factors driving the need for employees in Design & Architecture and Construction with this trajectory expected to continue in 2014,” says Ms Faulding.

“With many economists predicting that the New Zealand economy will grow at its fastest pace since 2007 this year, we expect 2014 to be a strong year for the job market and salary growth,” says Ms Faulding.

“Some job hunters may be willing to switch employers without a pay rise, providing other perks such as flexible hours or health insurance are offered. Some however, will want an increase of cold hard cash in their pay packet at the end of the month -with the opportunity to earn a higher salary regularly topping the list of factors most likely to make people jump ship,” Ms Faulding concludes.

-ENDS-

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Sky City : Auckland Convention Centre Cost Jumps By A Fifth

SkyCity Entertainment Group, the casino and hotel operator, is in talks with the government on how to fund the increased cost of as much as $130 million to build an international convention centre in downtown Auckland, with further gambling concessions ruled out. The Auckland-based company has increased its estimate to build the centre to between $470 million and $530 million as the construction boom across the country drives up building costs and design changes add to the bill.
More>>

ALSO:

RMTU: Mediation Between Lyttelton Port And Union Fails

The Rail and Maritime Union (RMTU) has opted to continue its overtime ban indefinitely after mediation with the Lyttelton Port of Christchurch (LPC) failed to progress collective bargaining. More>>

Earlier:

Science Policy: Callaghan, NSC Funding Knocked In Submissions

Callaghan Innovation, which was last year allocated a budget of $566 million over four years to dish out research and development grants, and the National Science Challenges attracted criticism in submissions on the government’s draft national statement of science investment, with science funding largely seen as too fragmented. More>>

ALSO:

Scoop Business: Spark, Voda And Telstra To Lay New Trans-Tasman Cable

Spark New Zealand and Vodafone, New Zealand’s two dominant telecommunications providers, in partnership with Australian provider Telstra, will spend US$70 million building a trans-Tasman submarine cable to bolster broadband traffic between the neighbouring countries and the rest of the world. More>>

ALSO:

More:

Statistics: Current Account Deficit Widens

New Zealand's annual current account deficit was $6.1 billion (2.6 percent of GDP) for the year ended September 2014. This compares with a deficit of $5.8 billion (2.5 percent of GDP) for the year ended June 2014. More>>

ALSO:

Still In The Red: NZ Govt Shunts Out Surplus To 2016

The New Zealand government has pushed out its targeted return to surplus for a year as falling dairy prices and a low inflation environment has kept a lid on its rising tax take, but is still dangling a possible tax cut in 2017, the next election year and promising to try and achieve the surplus pledge on which it campaigned for election in September. More>>

ALSO:

Job Insecurity: Time For Jobs That Count In The Meat Industry

“Meat Workers face it all”, says Graham Cooke, Meat Workers Union National Secretary. “Seasonal work, dangerous jobs, casual and zero hours contracts, and increasing pressure on workers to join non-union individual agreements. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news