The banking sector becomes New Zealand’s first fully living wage accredited industry, as announced by Workplace Relations and Safety Minister Andrew Little on Monday 27 July 2020. As a result, incomes of almost 1,800 people will be improved.
“The living wage is currently $21.15 per hour, and will increase to $22.10 per hour on September 1 2020. It is set by an independent group, the Family Centre Social Policy Research Unit, based on the assessed needs of a family of two adults (one working 40 hours per week, and one working 20 hours per week) and two children” – 1 NEWS; Stuff NZ
Read full articles here:
1 News: “Banking sector becomes first-Living Wage accredited industry, improving incomes of almost 1800 people”, published on 27/07/2020
Stuff NZ: “1800 banking sector staff get pay rise as industry commits to living wage”, published on 27/07/2020
Newshub: “Banking sector becomes first to receive living wage accreditation”, published on 28/07/2020.