Businesses hope to employ more migrants after changes to work visas.  

The Government's updating the Accredited Employer Work Visa in March, removing the median wage threshold and reducing minimum experience requirements for lower skill roles.  

They'll also reduce the minimum threshold for how many domestic workers must be employed. 

BusinessNZ Chief Executive Katherine Rich told Heather du Plessis-Allan it’s a step in the right direction. 

She says there are a lot of areas where businesses can’t get the skills and experience they need, and the changes Stanford is making will be react welcomed. 

Rich says the median wage threshold was too high, and wound up being an artificial proxy for skill and experience. 

She says in some cases it resulted in offshore applicants being paid more than their Kiwi counterparts, creating a bit of friction. 

LISTEN ABOVE  

Businesses hope to employ more migrants after changes to work visas. &nbsp;
The Government's updating the Accredited Employer Work Visa in March, removing the median wage threshold and reducing minimum experience requirements for lower skill roles. &nbsp;
They'll also reduce the minimum threshold for how many domestic workers must be employed.&nbsp;
BusinessNZ Chief Executive Katherine Rich told Heather du Plessis-Allan it’s a step in the right direction.&nbsp;
She says there are a lot of areas where businesses can’t get the skills and experience they need, and the changes Stanford is making will be react welcomed.&nbsp;
Rich says the median wage threshold was too high, and wound up being an artificial proxy for skill and experience.&nbsp;
She says in some cases it resulted in offshore applicants being paid more than their Kiwi counterparts, creating a bit of friction.&nbsp;
LISTEN ABOVE &nbsp;

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Katherine Rich: BusinessNZ CEO on the changes to the Accredited Employer Work Visa

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/f278136b-b550-4f1d-a31b-b249014fefd4/transcript