Wednesday, 17 October 2007

CTU to push for $15 minimum wage.

http://www.stuff.co.nz/4241207a6160.html

The CTU believes that the minimum wage should be set at 2/3 of the average wage from the previous year.

The Labour-led Government, whom some of the CTU's constituent unions belong to, should embrace this proposal - and aim to implement it at the 2/3 rate by the end of 2011 if they are re-elected next year.

Assuming that the minimum wage will rise to $12 p.h. at the end of the year - this movement to $15 represents a similar step to the rise from 2005 to 2008.

It is a 20% pay rise for the lowest-paid workers, who if single and without children - a constituency left behind by Working for Families according to the National Party, would be boosted from $360.96 to $451.20 per week (pro rata) - a boost of $91.24 per week over three years.

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