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


Contracting pay-expectations stabilise but ...

Contracting pay-expectations stabilise but job availability low

Pay expectations have stabilised over the past six months according to new research in New Zealand’s contracting market.

The research, released by in their Professional Contracting Rates Guide, reveals pay expectations for 17 of the 22 recorded professions changed by less than 3%, indicating a stable market.

Contracting professions such as IT/Telecommunications (+0.7%), Marketing/PR (+0.4%), Engineering (-0.7%) and Accounting (+2.1%) were among those that experienced minimal changes to pay-expectations.

Simon Clarke, a contractor in software development, says despite the country still recovering from the recession, his pay has not decreased.

“I haven’t noticed any pay-rate reductions in my field….once the economy is in full-swing again, the IT field will be prosperous for contractors.”

However, while the survey reveals a stable market in regards to pay expectations, many contractors believe job availability is low.

James Shelton, a contractor in accounting, says he has struggled to find work recently.

“I have been finding it harder to get contract roles despite having the skills and experience to perform the role well,” he explains.

“Many people are taking roles lower than what they’re actually worth…I find myself competing with ex-CFO’s for senior roles I normally would have landed”

Another contractor, Dale Everiss, agrees that work has been harder to secure over the past six months.

“Normally it is quiet January to March…but it is now halfway through the year and I have only had one approach regarding a role.”

Tony Wai, managing director of Crackerjacks, predicts positive growth in the contracting market is on the horizon.

“I think we are heading towards a pick-up in the market and will start to see rates spike. Workloads will also increase significantly,” he says.

“The perceived excess of surplus contractors will be soaked up quickly as candidates move into permanent recruitment or take advantage of trans-Tasman opportunities.”

Five professions recorded notable changes (more than 3%) in expected pay-rates – Knowledge Management (+5.10%), Scientific (+3.20%), Sports/Events/Leisure (+18.8%) Retail (-3.10%) and Supply/Logistics/Operations (-5.5%).

The entire rates guide can be found at

© Scoop Media

Business Headlines | Sci-Tech Headlines


Statistics New Zealand: COVID-19 Sees Record 12.2 Percent Fall In New Zealand’s Economy

Gross domestic product (GDP) fell by 12.2 percent in the June 2020 quarter, the largest quarterly fall recorded since the current series began in 1987, as the COVID-19 restrictions in place through the quarter impacted economic activity, Stats NZ said ... More>>


Climate: Scientists Release ‘Blueprint’ To Save Critical Ecosystems And Stabilize The Earth’s Climate

A group of scientists and experts produced the first comprehensive global-scale analysis of terrestrial areas essential for biodiversity and climate resilience, totaling 50.4% of the Earth's land. The report was published in Science Advances ... More>>


MPI: Independent Review Launched Into Assurances For Safe Transport Of Livestock By Sea

The Ministry for Primary Industries (MPI) has launched an independent review of the assurances it receives for the safe transport of livestock by sea. MPI Director-General Ray Smith says Mike Heron QC has been appointed to lead the review, which is expected ... More>>


Computers: New Zealand PC Market Grows Nearly 40% Due To Work From Home Demand

COVID-19 had large impacts on demand for PCs as businesses prepared for lockdowns by purchasing notebooks to mobilise their workforce. In the second quarter of 2020, New Zealand's Traditional PC market experienced a 39.7% year-on-year (YoY) growth ... More>>


Mediaworks: Reaches Agreement To Sell TV Operations To Discovery, Inc.

New Zealand’s largest independent commercial broadcaster MediaWorks and the global leader of real-life entertainment Discovery Inc. (“Discovery”) are pleased to announce they have reached a binding agreement regarding the sale of MediaWorks’ ... More>>


Ministry of Health: Public Transport Distancing Requirements Relaxed

Physical distancing requirements on public transport have been reviewed by the Ministry of Health to determine whether they are still required at Alert Level 2 (or below). The Ministry’s assessment is that mandatory face covering and individuals tracking ... More>>


NZHIA: New Zealand Hemp Industry Set To Generate $2 Billion Per Annum And Create 20,000 Jobs

A new report says a fully enabled hemp industry could generate $2 billion in income for New Zealand by 2030, while also creating thousands of new jobs. Written by industry strategist Dr Nick Marsh, the report has prompted calls from the New Zealand Hemp ... More>>


Stats NZ: One In 14 Employed People Report High Risk Of Losing Jobs

About one in 14 workers say they expect to lose their job or business by mid-2021, Stats NZ said today. A survey of employed people in the June 2020 quarter showed 7 percent felt there was a high or almost certain chance of losing their job or business ... More>>

ASB Quarterly Economic Forecast: NZ Economy Doing Better Than Expected, But Challenges Remain

August lockdown estimated to have shaved 8% off NZ’s weekly GDP, and 0.5% off annual GDP Economy now expected to shrink 5% (year-on-year) by end of 2020 Unemployment rate now expected to peak at 7.2% The latest ASB Quarterly Economic Forecast is less ... More>>


SAFE: Live Export Ship Carrying 5,800 New Zealand Cows Goes Missing In East China Sea

Livestock carrier Gulf Livestock 1 sent a distress signal at 4:45am NZT yesterday in the East China Sea. The area is affected by Typhoon Maysak. At 4pm a patrol plane spotted a lifeboat - with no people in it - and a man in lifejacket nearby. The ship ... More>>


FMA: Kiwisaver Fees Don't Match Performance

The Financial Markets Authority (FMA) today published an independent report into the passive and active investment management styles [i] used by KiwiSaver providers. The FMA commissioned MyFiduciary to test the extent that KiwiSaver providers were ... More>>