New Zealand Salaries News

According to the latest figures released by The New Zealand Income Survey, from the June 2011 to the June 2012 quarter, the median weekly income from wages and salaries was NZ$806 or NZ$41,695 pa, an increase of 0.7 percent. How does the median salary compare with what New Zealand psychologists earn?  Well a new graduate psychologist can expect to start on a salary of NZ$1,174 - $1,228 per week or NZ$61,039 - $63,832pa. For overseas psychologists wishing to make salary comparison note that by using exchange rates to convert to your local currency you will not obtain a useful comparison. It is the standard of living these salaries buy in New Zealand not in your country that is important. Psych-Recruitment will provide psychologists registered with us a comprehensive salary analysis as part of the recruitment process. This will enable you to more accurately compare and contrast salary information between countries.  Beyond the small wage growth there is also good news about the gender pay gap. This has reached an all-time low. "The New Zealand Income Survey also found  the gender pay gap has decreased from 9.6 percent to 9.3 percent in the last financial year, the lowest since the NZIS began in 1997" said Women’s Affairs Minister Jo Goodhew. She further stated that "The economic independence of women is imperative for a healthy economy and a number of recent economic indicators are showing positive signs in spite of continuing global uncertainty. Recent GDP results show economic growth of 0.6 per cent for the June 2012 quarter. This takes annual growth to 2.6 per cent - the highest rate since 2007, before the domestic recession and the Global Financial Crisis. (…) Building on these positive signs, we need to ensure women at all stages of their working lives have good choices that will strengthen their ability to be economically independent", Minister Goodhew said.   (Source: New Zealand Statistics/NZ press)

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