INDEPENDENT NEWS

Fair Share delivers record wage rises

Published: Tue 8 Nov 2005 03:29 PM
November 8, 2005
Fair Share delivers record wage rises
News that wages are growing at the fastest rate since records began is evidence of what workers can achieve when they stick together, says the union behind the Fair Share – Five in ’05 campaign.
Statistics New Zealand figures out today show that the average pay increase in the year to September was 5.1 per cent, and that the Labour Cost Index rose 3.1 per cent in that time – the largest increase since the LCI began in 1992.
Engineering, Printing and Manufacturing Union national secretary Andrew Little said that the single factor driving wage growth this year and absent from previous years back to 1992 was a concerted campaign by unions to increase New Zealand wages.
“We started this campaign because New Zealanders’ wages are too low,” he said.
“These statistics are in accordance with our own information, and show that the campaign is working. This campaign will continue next year.”
Mr Little said that some 13,000 EPMU members had won pay rises of five per cent or more since the Fair Share – Five in ’05 campaign began on February 27.
ENDS

Next in Business, Science, and Tech

Gaffer Tape And Glue Delivering New Zealand’s Mission Critical Services
By: John Mazenier
Ivan Skinner Award Winner Inspired By Real-life Earthquake Experience
By: Earthquake Commission
Consultation Opens On A Digital Currency For New Zealand
By: Reserve Bank
Ship Anchors May Cause Extensive And Long-lasting Damage To The Seafloor, According To New NIWA Research
By: NIWA
A Step Forward For Simpler Trade Between New Zealand And Singapore
By: New Zealand Customs Service
68% Say Make Banks Offer Fraud Protection
By: Horizon Research Limited
View as: DESKTOP | MOBILE © Scoop Media