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

 


Are you working longer hours? You’re not alone

Are you working longer hours? You’re not alone.


33% of employers have increased overtime;
57% said overtime was unpaid.


One in three (33%) New Zealand employers report that their employees are clocking up increasing amounts of overtime, according to the 2014 Hays Salary Guide.

Out now, the Guide shows that only 6% of employers managed to reduce overtime over the last year (less than the 11% in Australia), with 61% (58% in Australia) saying that the level of overtime or extra hours being performed inside their organisation had continued but had not increased.

Of those employers who had seen levels rise, 4% said they had increased overtime by up to five hours per week. For 33% overtime had risen by five to 10 hours per week. A further 10% reported that overtime was up by more than 10 hours a week, while at year-end this figure jumped to 35%. 57% of employers (65% in Australia) said overtime was unpaid in their organisation.

“This supports an emerging trend that we’re seeing across the jobs market; the desire from employers to do more with less,” says Jason Walker, Managing Director of Hays in New Zealand.

“When we surveyed employers as part of our Hays Salary Guide, a massive 79% said they expect their levels of business activity to increase in the year ahead, and a similar number (70%) have already seen an increase in business activity.

“To cope with this increase, it seems that many are increasing the workloads of existing staff. But pressure to increase productivity without increasing headcount has the potential to cause workplace stress and employee burnout, which will cost a lot more in the long run.

“There could be a very good business case for adding permanent headcount or using a temporary staffing solution instead. We advise employers to monitor absenteeism and attrition rates so they’re aware of what overtime really costs,” he said.

To manage employee engagement during sustained periods of increased overtime, Hays has these tips for employers:
• Actively monitor the amount of overtime being performed and by which team members;
• Also monitor absenteeism and general employee wellbeing;
• Consider adding permanent headcount to increase productivity and reduce the risk of existing employees leaving;
• Or use temporary staff to relieve pressure on overtime hot spots;
• Encourage managers to use regular feedback and both paid and unpaid rewards to recognise those employees putting in the extra time;
• Monitor business activity so staff can be given time off in lieu where possible.

The Hays Salary Guide shows salary and recruiting trends for over 1,000 roles in Auckland, Christchurch and Wellington. It is based on a survey of over 433 New Zealand employers as well as placements made by Hays.

Get your copy of the 2014 Hays Salary Guide by visiting www.hays.net.nz/salary-guide,, contacting your local Hays office or downloading The Hays Salary Guide 2014 iPhone app from iTunes.

Hays, the world’s leading recruiting experts in qualified, professional and skilled people.

- Ends -

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Scoop Business: RBNZ Keeps OCR At 3.5%, Signals Slower Pace Of Future Hikes

Reserve Bank governor Graeme Wheeler kept the official cash rate at 3.5 percent and signalled he won’t be as aggressive with future rate hikes as previously thought as inflation remains tamer than expected. The kiwi dollar fell to a seven-month low. More>>

ALSO:

Weather: Dry Spells Take Hold In South Island

Many areas in the South Island are tracking towards record dry spells as relatively warm, dry weather that began in mid-August continues... for some South Island places, the current period of fine weather is quite rare. More>>

ALSO:

Scoop Business: Productivity Commission To Look At Housing Land Supply

The Productivity Commission is to expand on its housing affordability report with an investigation into improving land supply and development capacity, particularly in areas with strong population growth. More>>

ALSO:

Forestry: Man Charged After 2013 Death

Levin Police have arrested and charged a man with manslaughter in relation to the death of Lincoln Kidd who was killed during a tree felling operation on 19 December 2013. More>>

ALSO:

Smells Like Justice: Dairy Company Fined Over Odour

Dairy company fined over odour Dairy supply company Open Country Dairy Limited has been convicted and fined more than $35,000 for discharging objectionable odour from its Waharoa factory at the time of last year’s ”spring flush” when milk supply was high. More>>

Scoop Business: Dairy Product Prices Decline To Lowest Since July 2012

Dairy product prices dropped to the lowest level since July 2012 in the latest GlobalDairyTrade auction, led by a slump in rennet casein and butter milk powder. More>>

ALSO:

SOE Results: TVNZ Lifts Annual Profit 25% On Flat Ad Revenue, Quits Igloo

Television New Zealand, the state-owned broadcaster, lifted annual profit 25 percent, ahead of forecast and despite a dip in advertising revenue, while quitting its stake in the pay-TV Igloo joint venture with Sky Network Television. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus

Standards New Zealand

Standards New Zealand

Mosh Social Media
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news