Business New Zealand is poking holes in the proposed Fair Pay Agreements legalisation.

The rules mean if a thousand employees, or 10 percent of a workforce, agree to start the collective bargaining process, that process is automatically triggered.

The Fair Pay Agreements legislation is expected to pass its third reading in Parliament later today.

Business New Zealand Chief Executive Kirk Hope told Mike Hosking driving wage rates up to boost productivity up won't work.

He says the threshold to trigger the agreement is too low.

LISTEN ABOVE

Business New Zealand is poking holes in the proposed Fair Pay Agreements legalisation.
The rules mean if a thousand employees, or 10 percent of a workforce, agree to start the collective bargaining process, that process is automatically triggered.
The Fair Pay Agreements legislation is expected to pass its third reading in Parliament later today.
Business New Zealand Chief Executive Kirk Hope told Mike Hosking driving wage rates up to boost productivity up won't work.
He says the threshold to trigger the agreement is too low.
LISTEN ABOVE

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.