Inflation proving sticky
Economic growth slowing
Recovery forecast for 2025
Download Salary Guide
New Zealand is experiencing an economic slowdown caused by a series of events which have pushed up prices and seen the jobs market weaken.
Inflation in New Zealand is creating immense challenges for businesses and consumers and is proving difficult for policy makers to overcome.
Steep increases in interest rates required to combat inflation have slowed the economy and impacted the activities of organisations, large and small.
Business conditions have shifted markedly in a relatively short timeframe and brought additional challenges for those responsible for recruitment and management, in both the private and public sectors.
To help navigate this, the 2024-25 Salary Guide provides an authoritative overview of wages and salaries across key occupations and industries. It also presents a snapshot of economic and business conditions in the industries and regions in which we operate.
As in previous years, the document provides the most accurate information on wages and salaries from our experts in the field. It comprises data, insights and information that will help inform the critical recruitment decisions that are vital for success.
In a rapidly changing economic environment, this information will be more important than ever.
We trust that the 2024-25 Salary Guide helps firms to better understand the conditions in their industry sectors and assists them to navigate the year ahead.
We know that the need for reliable salary information is especially important in this period of labour scarcity. This document serves as a valuable resource in guiding your organisation in making critical decisions and building the workforce for the present, and the future.