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HomeNEWSRetail NZ’s 2015 wages survey out now

Retail NZ’s 2015 wages survey out now

The survey indicates a weighted average wage increase of 3.4 per cent this year, slightly down on last year’s 4.5 percent increase. It correlates closely with Statistics New Zealand’s Labour Market, which show an average per hour increase of 3.7 percent over the 2014-15 year for retail positions.

The statutory minimum wage has increased by 3.5 per cent over the period in review, moving from $14.25 – $14.75 per hour. In a 2012 report put together by the Ministry of Business, Innovation and Employment, 39 percent of employers from the wholesale and retail trade reported that they had at least one adult staff member on the minimum wage.

After highlighting the high remuneration rate for those working on ecommerce, a Retail NZ representative mentioned that departmental managers within larger multistore businesses continue to be important, receiving higher pay.

Regionally, retail wages continue to be highest in Auckland and in terms of merchandise categories, in the furniture, furnishings and flooring category.

The wages survey report contains average and median wages rates for 21 retail specific positions. Within each position, rates are broken down by 18 merchandise categories, four turnover categories and eight regions, so information specific to individual businesses can be found. It can be purchased from Retail NZ.

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