Workers on the living wage will earn $22.75 an hour from September 1, an increase of 65 cents an hour. Living Wage Aotearoa announced the updated rate on Thursday, the day the minimum wage rose to $20 an hour. More than 240 employers pay the living wage, said Living Wage Aotearoa chairwoman Gina Lockyer. Blair Vernon, chief executive of living wage employer AMP Wealth Management, said many businesses overlooked paying the living wage as part of a commitment to sustainability and wellbeing. Against the Household Labour Force Survey, the living wage is 84.3 per cent of median hourly earnings from wages and salaries of $27.00.

Source: Stuff April 01, 2021 00:00 UTC