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

 

Early Learning Centres Left Shortchanged By Funding Increase

 

Many early learning providers are questioning if they can afford to opt-in to the teacher Pay Parity funding scale, saying it’s set to leave them worse off, when they can least afford it.

“For many, the funding increase won’t cover the new wage rates they’re expected to pay. It’s not the first time, and extremely disheartening when we’ve waited so long for funding fairness,” said Early Childhood Council CEO.

“The sector’s been awarded $170 million to address pay parity, where teachers working in centres and those working in kindergartens are currently paid differently. Members are telling me we’ve been sold a pup.”

To access the funding increase, centres must agree to adopt the six step Kindergarten Teachers Collective Agreement pay scale – but feedback from centre owners and managers is they can’t make the books balance, and are left feeling frustrated once again, saying:

  • “I just can’t see why any operator in the country would go down this path.”
  • “If we moved to this funding band we would have to close our doors and we have three centres. I’m gutted for our teachers as they so deserve this pay increase, and I can’t fulfill it. I am deeply troubled.”
  • “$170 million. This is a fraction of the actual cost of what this Government has promised to our teachers. The Government is not funding what they are telling a hugely vulnerable and disrespected workforce that they are.”
  • “How they expect us to increase wages and not fund these increases is beyond me. We will have to increase our parents fee considerably to cover costs - or close.”

“Teachers are expecting a pay rise, when signing up for this pay scale means their employers can’t pay it. Why would you go near it if it leaves you worse off? Many are questioning the maths behind the increase, and I don’t have answers for them. The pressure is on the government to show their working,” said Mr Reynolds.

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

What Lies Beneath: Is The Housing Market Turning?
Rising interest rates, combined with further tightening of credit availability appear to be dampening the enthusiasm of investors and first home buyers. While house values continue to rise, what lies beneath QV's latest figures is growing evidence that price pressure has shifted... More>>



R&NTU: KiwiRail strike notices withdrawn following new offer

Strike notices on KiwiRail have been withdrawn. Rail and Maritime Transport Union General Secretary Wayne Butson says following negotiations between the RMTU and KiwiRail, a new offer from KiwiRail will be taken back to union members for ratification... More>>



Banking: Stress Tests Show Strengthening Bank Resilience

The latest stress tests carried out by the Reserve Bank of New Zealand – Te Pūtea Matua show strengthening resilience in the banking sector and the benefits of continuing to build capital buffers... More>>



Reserve Bank: Deputy Governor Reflects On Time At RBNZ
Central bankers must continue to look forward to guard against the unpredictable, Deputy Governor Geoff Bascand says in a speech published today. Mr Bascand joined the Reserve Bank of New Zealand – Te Pūtea Matua in 2013 during the aftermath of the Global Financial Crisis... More>>


Xero: Data Reveals ICT Expenditure Key To Small Business Sales Growth
Xero, the global small business platform, today released a new report which shows New Zealand small business ICT expenditure has increased 25 percent compared to pre-pandemic levels - more than the UK (20%) and Australia... More>>


Fonterra: Lifts Forecast Farmgate Milk Price Range And Revises Earnings Guidance At First Quarter Update

Fonterra Co-operative Group today lifted its 2021/22 forecast Farmgate Milk Price range, reported a solid start to the 2022 financial year and revised its earnings guidance... More>>


Canterbury Museum: New Research - Bald Haast's Eagle Feasted On Moa Guts

New Zealand’s extinct Haast’s Eagle (Hieraaetus moorei), the largest known eagle, gulped down viscera like a vulture and may even have been bald, new research suggests... More>>