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Industry News
Public Holidays – Christmas/New Year 2011/12
Entitlement There are special rules in the Holidays Act governing the observance of the Christmas/New Year public holidays when they fall on a weekend. Note: This requires an individual assessment for every employee.
Payment for Public Holidays
Employee does not work on the holiday If an employee does not work on a public holiday, they are entitled to: Payment at their relevant daily pay for the day (ie what they would have got had they worked on that day), provided that day would otherwise be a working day for them, or A [...]
Holiday Entitlements for Employees Terminating Employment
When an employee is terminating employment they may be entitled to payment for public holidays occurring after the date on which they terminate. A terminating employee is entitled to any public holiday which would have fallen during the employee’s annual holidays, had the remaining annual holidays been taken immediately after the date of termination. So [...]
Declining CPI
Few wage increases this year exceeded 3%, even though the CPI for the last 12 months exceeded 4% and peaked at 5.3% for the year to June. The reason is that 2.52% of the increase was caused by increases in GST, ETS and tobacco tax, which as a matter of Government policy were offset by [...]