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NZ Announces Increase in Wage and Salary Thresholds of Work Visa

November 2018, 14
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The New Zealand Government imposed an increase in salary and wage thresholds will come into force from Nov 26, for both the Skilled Migrant Residence Visa and the Essential Skills Work Visa.

This increase has significant implications for both organizations and migrants. The increase purely depending on the new estimations of the “standard” wage rate concerning the rise in the living cost.

Here is the summary of the rate modifications for specific visa category affected:

Hourly rates from 26 Nov 2018


From 26 Nov 2018, NZ Government modifications to what a candidate in the Category of Skilled Migrant must earn.


Threshold

Between 15 January 2018 and 25 November 2018

From 26 November 2018

Threshold for skilled employment in an occupation at ANZSCO 1-3

$24.29 per hour or above (or the equivalent annual salary)

$25.00 per hour or above (or the equivalent annual salary)

Threshold for skilled employment in an occupation at ANZSCO 4-5, or which is not included in ANZSCO

$36.44 per hour or above (or the equivalent annual salary)

$37.50 per hour or above (or the equivalent annual salary)

Threshold to earn bonus points

$48.58 per hour or above (or the equivalent annual salary)

$50.00 per hour or above (or the equivalent annual salary)


From 26 Nov 2018, NZ Government modifications to what a candidate in the Category of Essential Skills work visa must earn.


Threshold

Between 15 January 2018 and 25 November 2018

From 26 November 2018

Threshold for mid-skilled employment in an occupation at ANZSCO 1-3

$20.65 per hour or above (or the equivalent annual salary)

$21.25 per hour or above (or the equivalent annual salary)

Threshold for higher skilled employment in any occupation (including those at ANZSCO 4-5)

$36.44 per hour or above (or the equivalent annual salary)

$37.50 per hour or above (or the equivalent annual salary)


New Zealand Major Modifications


• If an application is obtained and allowed after 26 Nov 2018, the latest thresholds will implement, even if, for the situation, the employment contract has been confirmed before 26 Nov 2018.

• New Zealand Government will judge your application upon the new thresholds in place on the candidate E.O.I date was picked from the Pool, if that results of selection lead for a request to apply. For situation, if your E.O.I was picked on 21 Nov and you were encouraged to apply prior to 30 Nov, the past remuneration thresholds will be practiced, even though you weren’t asked to apply till after the new limits were introduced.

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