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New Zealand Dollar (NZD)
4%
English
5.2 million
Emerald can hire and payroll your workers, quickly and compliantly with their ready to go entity. Make growing your team simple with Emerald as a global partner.
Hiring employees in New Zealand presents several notable advantages. The country boasts a well-educated and highly skilled workforce, often with a strong emphasis on work-life balance and a collaborative work culture. The legal framework is generally supportive, with clear regulations that promote fairness and transparency. Moreover, New Zealand is known for its low levels of corruption and a relatively straightforward business environment, which can enhance overall operational efficiency.
New Zealand is an excellent location for hiring remote employees due to its high level of digital connectivity and robust technological infrastructure. The country’s reliable and fast internet services ensure smooth communication and collaboration across time zones. Additionally, New Zealand’s skilled workforce is proficient in English and often well-versed in global business practices, making it easier to integrate remote employees into international teams. The country’s strong commitment to work-life balance and flexible work arrangements aligns well with remote work cultures, promoting productivity and job satisfaction. Furthermore, New Zealand’s time zone provides a unique advantage for businesses seeking coverage that spans multiple regions, as it allows for overlapping working hours with both North American and European markets.
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| KiwiSaver Contributions | 3% of an employee's gross earnings |
| Accident Compensation Corporation | Around 1% |
Maternity Leave
Paternity Leave
Sickness Leave
KiwiSaver Contributions
Health Insurance
Overtime Duration and Pay
Contracts in New Zealand must include:
Overtime duration and pay is to be decided by a collective agreement between employee and employer, this will typically pay above the usual salary rate.
There is no legal requirement for employers to implement probation periods, but they are commonly used and typically last between 3 to 6 months.
Emerald Technology can onboard employees in New Zealand within 48 hours.
Non-solicitation, non-compete and non-disclosure.
In New Zealand, health insurance is not mandatory for employers to provide, but many choose to offer it as an employee benefit. Private health insurance can help cover additional medical costs not included in the public healthcare system.
Maternity leave in New Zealand lasts for 26 weeks (6 weeks before birth) with full pay from the government. Employees are also entitled to 10 days of unpaid leave for pregnancy-related medical appointments.
Fathers are entitled to a maximum of 2 weeks of paternity leave.
Employees who have worked for 6 months continually are entitled to 10 days sick leave per year. Unused sick leave can be accumulated each year to a maximum of 20 days per year.
As the legal employer, Emerald Technology requires the following employee documents to ensure complete compliance:
When an employer dismisses an employee it must be with just cause and they must give them notice. The notice period starts from the day after the employer notifies the employee of the termination. Notice must be given in accordance with the following schedule at a minimum:
If an employee is made redundant, they are entitled to a payment based on years of continuous service.
| Severance Pay | Severance pay is not a statutory requirement in New Zealand. While it is not legally mandated, some employers offer severance packages as part of their employment agreements or company policies, which can include financial compensation and other benefits upon termination. |
Full-time workers are entitled to a minimum of 4 weeks (20 days) of paid annual leave.
NZD 23.65 per hour
The typical working week is 40 hours, with 5 days of 8 hours. Overtime duration and pay is to be decided by a collective agreement between employee and employer, this will typically pay above the usual salary rate.
There is no legal requirement for when employees should be paid. However, it is typically bi-weekly or monthly.
Bonuses are not mandatory by law but are common to facilitate motivation.
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