No8HR’s Post

View organization page for No8HR, graphic

572 followers

New Zealand's government plans to amend the Employment Relations Act to prevent workers earning over $180,000 annually from pursuing unjustified dismissal claims. The threshold, which will be annually adjusted, applies to base salary excluding benefits and incentives. The policy, part of the ACT-National coalition agreement, will be introduced through legislation in 2025. Other types of personal grievances remain available to affected employees. Possible impacts 🤔 🔍Claims of discrimination from high-income earners may increase 🔍Lump sum payments on termination could be a feature of negotiations for top executives 🔍Key roles in the $160k+ range may see an uplift to over $180k if employers want to take advantage of this change 🔍Change in the dynamics of the relationship, they may not speak up about issues 🔍Shortcuts to the recruitment process If agreed by both parties, employers and employees can still opt into dismissal protection. More flexible dismissal process for high-income employees | Beehive.govt.nz High-income workers lose unjustified dismissal claim rights under new policy - NZ Herald

Latest News from the Beehive | Beehive.govt.nz

Latest News from the Beehive | Beehive.govt.nz

beehive.govt.nz

To view or add a comment, sign in

Explore topics