There is a long-held perception in New Zealand that pay rates within the Not for Profit (NfP) sector are not as generous as those available in other sectors. Pay increases are also thought to be less competitive. It is generally thought that this “practice” flows from a preference by organisations within the sector to direct funding towards the delivery of services rather than to the recruitment and retention of staff on competitive pay. This article drills into the results from MHR’s March 2024 pay survey to establish whether there is any truth in these perceptions. Average Increases in...…There is a long-held perception in New Zealand that pay rates within the Not for Profit (NfP) sector are not as generous as those available in other sectors. Pay increases are also thought to be less competitive. It is generally thought that this “practice” flows from a preference by organisations within the sector to direct funding towards the delivery of services rather than to the recruitment and retention of staff on competitive pay. This article drills into the results from MHR’s March 2024 pay survey to establish whether there is any truth in these perceptions. Average Increases in...WW…

Top of mind for many employees on the back of predicted high inflation for March 2024, is the ongoing gap between average base salary increases and the level of inflation post the Covid-19 pandemic. This raises concerns about the erosion of purchasing power of employees. Viewed in isolation MHR Global’s March 2024 pay survey results appear to confirm that there is reason for concern. With average increases of 4.4% for both Top Executives and General Staff employees lagging forecast CPI movement of 4.7% for March 2024, employees are falling behind in the short term. To understand the...…Top of mind for many employees on the back of predicted high inflation for March 2024, is the ongoing gap between average base salary increases and the level of inflation post the Covid-19 pandemic. This raises concerns about the erosion of purchasing power of employees. Viewed in isolation MHR Global’s March 2024 pay survey results appear to confirm that there is reason for concern. With average increases of 4.4% for both Top Executives and General Staff employees lagging forecast CPI movement of 4.7% for March 2024, employees are falling behind in the short term. To understand the...WW…

In this quasi post-Covid period, with many employers still grappling with the challenges of operating in a widely changing employment environment, barely a week has gone past without the appearance of yet another media article encouraging employees to seek new roles outside their current employer. The implied message is that this is the only way in which they can expect to get any reasonable increase in remuneration. The logic appears inarguable – after all, in a tight employment market, with reduced recruitment activity, it could be expected that employers seeking new employees will need...…In this quasi post-Covid period, with many employers still grappling with the challenges of operating in a widely changing employment environment, barely a week has gone past without the appearance of yet another media article encouraging employees to seek new roles outside their current employer. The implied message is that this is the only way in which they can expect to get any reasonable increase in remuneration. The logic appears inarguable – after all, in a tight employment market, with reduced recruitment activity, it could be expected that employers seeking new employees will need...WW…