Friday, 27 February 2015

Charting the Minimum Wage

It's never enough, is it?

As reply to those clamouring for a higher minimum wage, after the National government just hiked it by $0.50 to $14.75, some charts from MBIE's advice on the minimum wage hike.




The minimum wage is 64.9% of the median wage and will rise to about 65-66% of the median wage depending on what comes out in the next Income Survey release. 

Update: Here's me quote at The NBR on the same topic.