New Zealand Labour Costs

By Statistics New Zealand10 days ago

Labour Costs in New Zealand increased to 1235 points in the first quarter of 2021 from 1230 points in the fourth quarter of 2020. Labour Costs in New Zealand averaged 939.66 points from 1992 until 2021, reaching an all time high of 1235 points in the first quarter of 2021 and a record low of 699.62 points in the fourth quarter of 1992. Labour cost index measures changes in labour costs. These costs include base salary and ordinary-time wage rates, overtime wage rates, and non-wage labour-related costs including annual leave and statutory holidays, superannuation, ACC employer premiums, medical insurance, motor vehicles available for private use and low-interest loans. This page provides - New Zealand Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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