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| Thread ID: 144162 | 2017-07-27 01:45:00 | What do they mean by "NZ a low wage economy" | Digby (677) | PC World Chat |
| Post ID | Timestamp | Content | User | ||
| 1437684 | 2017-07-27 01:45:00 | I keep hearing the term from politicians that New Zealand is a "low wage economy" What do they mean? |
Digby (677) | ||
| 1437685 | 2017-07-27 02:30:00 | They mean most people don't get much pay in their jobs these days. Friend of mine Assistant Manager gets $20 an hour. Big step up from 2IC at Mitre10 where she got $17. Husband got 18 an hour when he left Telecom, in 1990> Hasn't chnaged much since. Thats what they mean. Yes there are exceptions, and some places pay well, and no we are not comparing to India. |
pctek (84) | ||
| 1437686 | 2017-07-27 03:07:00 | Dont be fooled by those quoting the "average wage" That figure is BS & heavily squewed by those on very high salaries the average person does not earn the "average wage" The mean/median wage is much lower & a truer indication eg 10 on 20K, 1 on 5Mil . so the av for that example is approx $86k . Tell that to those 10 on $20K. Low wage: well NZ economy is based on tourism & farming (ie money coming in). Both traditionally low wage jobs. All the talk of moving NZ into high wage & high tech is just that: its all talk . Its so easy to say we should be a high wage country, talk is easy . Just words with no real plan . |
1101 (13337) | ||
| 1437687 | 2017-07-27 03:10:00 | here its median hourly wages. About $23per hour = about $40k+ www.stats.govt.nz Yet just today, on the news, mention of the AV Ak wage being $80k + . Just BS . |
1101 (13337) | ||
| 1437688 | 2017-07-27 03:46:00 | Yet just today, on the news, mention of the AV Ak wage being $80k + . Just BS . I don't know....if you have a bunch of CEOs and Seven Sharp media people on a million dollars or so and then some people on minimum wage....where does that leave the average...? Meaningless really. |
pctek (84) | ||
| 1437689 | 2017-07-27 04:35:00 | Way back in 1989 I was on $16 an hour. I may be way out in my "guesstimation" but I think that would be around $32 an hour today. Back then I would have found it hard living on that had I been the sole household earner. No wonder people who are working find it tough going today. |
Marnie (4574) | ||
| 1437690 | 2017-07-27 05:02:00 | OK, So which are some high wage economies? |
Digby (677) | ||
| 1437691 | 2017-07-27 08:09:00 | Supposedly IT is. Although it depends what you do and for who. Helpdesk, not so much. Lawyers, TV people, rugby players, music people etc. |
pctek (84) | ||
| 1437692 | 2017-07-27 08:41:00 | OK, So which are some high wage economies? en.wikipedia.org(PPP)_per_capita Basically, tourism, hospo, and agriculture are never going to support a high wage economy. You need an educated population, plenty of white collar jobs, and high levels of automation in manufacturing etc. |
Nick G (16709) | ||
| 1437693 | 2017-07-27 09:26:00 | And a government that doesn't support the importation of cheap labour to drive down wages and conditions!!!! | KarameaDave (15222) | ||
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