Understanding the business impact of the new median wage in immigration policies

Understanding the business impact of the new median wage in immigration policies

ByCameron Gray

Here are some important updates on median wage announcements and their potential impact on your business, particularly concerning the hiring and retention of visa holders.
Effective February 28, 2024, Immigration New Zealand (INZ) has officially adopted a new median wage rate of $31.61

Navigating immigration policy changes: Preparing for the median wage increase

Navigating immigration policy changes: Preparing for the median wage increase

ByCameron Gray

You can listen to this automated AI version of the article here: Contents: Key points and recommendationsRecruitment impactPre-emptive actionExisting staffResidence pathwaysTime is running out before the wage increase takes effect. It’s recommended that you act quickly to prevent financial stress for your migrant workforce and to streamline the transition.Key points and recommendations:1. Recruitment impact:   – Hire new…