Tim Walker Minimum II

What an amazing time to be a Kiwi; as of today every New Zealand employee will receive at least $20 per hour.

That’s right, even workers with no training, with zero qualifications, no work ethic and often, no discernible skillset, will now earn the same amount that, just ten years ago, people considered a good wage.

See how far, and how quickly, inflation has come?

The result of this extremely short-sighted move, of our beloved Jacinda’s wage increase, will do nothing but further increase inflation.

Since employers are now forced to pay lower echelon employees $20 per hour, the next level – who might have previously been on $20 per hour – will also need to undergo a pay increase to keep them happy, and so on.

Some businesses will find themselves paying million of dollars more in increased wages so how are they going to survive? Of course, they raise prices.

Those people who were struggling to get by on their previous minimum wages, now, for a few months anyway, will feel as though they are better off.

Gradually though, everyone is suffering due to the increased price of commodities, of living, and demanding renewed wage increases.

Kiwis don’t need more money, we need to learn how to live within our means.

 

 

Article by Tim Walker

Edited by Moe Minnie

Photography by Grey D Dix

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