Story image

NZCTU: New Zealand, we need to talk about wages...

01 Nov 2017

The current system for determining pay is stuck on a setting which might deliver for chief executives and shareholders but not for the average working person in New Zealand.

That’s the word from Richard Wagstaff, the Council of Trade Unions president, who has called on the Government and industry professional to starting talking about new ways wages can be decided – that work better for the working people.

In response to the release of the Labour Market Statistics September quarter data by Statistics New Zealand this morning, Wagstaff says, “the evidence has shown us that our system of individual bargaining, casualised work and under-employment all drives down the return working people get on the effort they put in.”

The data from Statistics New Zealand shows that wages would have fallen further behind the cost of living were it not for the union, government and employer agreed equal pay settlement in aged care.

"It’s exciting for us to see that the hard-earned money delivered to aged care caregivers boosted overall wage growth, which would otherwise have fallen even further behind living costs.”

“This is proof that having open conversations and better negotiation about what jobs are really worth to society as a whole works. It’s time to move away from the old mind set of employers setting wages unilaterally."

"Industry wide agreements and better access to collective bargaining will supercharge wage growth to catch up to rising living costs. The new Government has indicated that implementing new, broader wage setting mechanisms is a priority for their first term.”

Wagstaff adds, “Unions are ready for more holistic conversations about wages for working people that gives them a fair go at determining what their jobs are worth."

The New Zealand Council of Trade Unions Te Kauae Kaimahi is made up of over 350,000 union members across 40 affiliated unions. The Union functions as the voice for New Zealand’s working people and their families.

Attacks targeting Cisco Webex extension explode in popularity - WatchGuard
WatchGuard's Internet Security Report for Q4 2018 also finds growing use of a new sextortion phishing malware customised to individual victims.
SAS partners with NVIDIA on deep learning and computer vision
“By partnering with NVIDIA, we combine our strengths to augment human intelligence and realise the true potential of AI.” 
Why businesses must embrace automation to ensure success
“For many younger workers, the traditional view of a steady job at one company, perhaps for life, simply doesn’t reflect reality."
TYAN unveils new inference-optimised GPU platforms with NVIDIA T4 accelerators
“TYAN servers with NVIDIA T4 GPUs are designed to excel at all accelerated workloads, including machine learning, deep learning, and virtual desktops.”
Worldwide spending on security to reach $103.1bil in 2019 - IDC
Managed security services will be the largest technology category in 2019.
Microsoft appoints new commercial and partner business director
Bowden already has almost a decade of Microsoft relationship management experience under her belt, having joined the business in 2010.
How Cognata and NVIDIA enable autonomous vehicle simulation
“Cognata and NVIDIA are creating a robust solution that will efficiently and safely accelerate autonomous vehicles’ market entry."
Kinetica launches a new active analytics platform
"With the platform now powered by NVIDIA DGX-2, customers can build smart analytical applications that combine historical data analytics and ML-powered analytics."