7 Aug 2012

Slight lift in wage growth for June quarter

7:14 pm on 7 August 2012

The head of a national recruitment firm says the job market is getting stronger which should soon feed through to higher wages.

Statistics New Zealand says ordinary time wages and salaries rose 0.5% in the three months to the end of June, up from an increase of 0.4% in the previous quarter.

Hays Recruitment managing director Jason Walker says firms are gearing up to take on more workers and that should further boost wage growth.

He says a Hays survey has found that the proportion of workers expecting wage increases is the highest in three years.

Wage growth in the private sector was steady to higher, while public-sector wage growth slowed.