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EOR Partners in New Zealand
Employ in New Zealand
Welcome to the New Zealand page for EOR Partners. As a leading Employer of Record (EOR) service provider, we are here to support your global expansion efforts in New Zealand. Our services ensure compliance with local employment laws and regulations, enabling you to focus on growing your business without the complexities of setting up a local entity.
About the Country of New Zealand
New Zealand, known for its stunning landscapes and high quality of life, offers a stable and prosperous environment for business. With a population of approximately 5 million people, the country has a well-developed economy and is particularly strong in sectors such as agriculture, manufacturing, and technology. Major cities like Auckland, Wellington, and Christchurch are bustling centers of commerce and innovation.
5.124 Million
Population
Dollar
Currency
248.1 Billion
Global Domestic Product
Why Choose New Zealand For Global Expansion?
Stable Economy: New Zealand has a strong, resilient economy with a high level of transparency and ease of doing business.
Highly Educated Workforce: The country boasts a highly skilled and educated workforce, particularly in technology, finance, and services.
Government Support: The New Zealand government offers various incentives and support for foreign investment and business innovation.
Quality of Life: High standards of living and a strong focus on work-life balance make New Zealand an attractive destination for global expansion.
Employment Landscape
The employment landscape in New Zealand is governed by comprehensive labor laws designed to protect workers' rights and promote fair treatment. Key legislation includes the Employment Relations Act 2000 and the Holidays Act 2003. These laws cover employment contracts, working conditions, leave entitlements, and dispute resolution.
Our Services in New Zealand
Payroll Management: We handle all aspects of payroll, including salary calculations, tax deductions, and compliance with local laws.
Work Permits and Visas: Assistance with obtaining necessary work permits and visas for expatriates.
Compliance Management: Ensuring adherence to New Zealand labor laws and regulations.
HR Support: Comprehensive human resource support, including employee onboarding, contract management, and termination procedures.
Employment Benefits in New Zealand
Health Insurance: While not mandatory, many employers offer private health insurance as part of the employee benefits package.
Retirement Savings: Employers contribute to KiwiSaver for employees who are enrolled in the scheme.
Annual Bonuses: Some employers provide annual performance-based bonuses.
Annual Leave
Employees in New Zealand are entitled to at least four weeks of paid annual leave after completing one year of continuous employment. In addition, employees are entitled to 11 public holidays, which must be paid if they fall on a working day.
Sick Leave
Employees are entitled to 10 days of paid sick leave per year after six months of continuous employment. Unused sick leave can be accumulated and carried over to subsequent years, up to a maximum of 20 days.
Additional Benefits
- Parental Leave: Employees are entitled to up to 26 weeks of paid parental leave, with the possibility of extending unpaid leave up to a total of 52 weeks.
- Bereavement Leave: Employees are entitled to three days of paid bereavement leave for the death of an immediate family member.
- Flexible Working Arrangements: Employers are encouraged to consider requests for flexible working arrangements, including part-time work and telecommuting.
Work Hours and Breaks
The standard workweek in New Zealand is 40 hours, typically divided into five eight-hour days. Employees are entitled to a meal break of at least 30 minutes if they work more than four hours, and additional rest breaks depending on the length of the workday.
Salary Tax Table
| Taxable Income | Tax Liability | Excess Over | Tax Rate |
|---|---|---|---|
| 0 – 14,000 | 0 | 0 | 10.5% |
| 14,001 – 48,000 | 1,470 | 14,000 | 17.5% |
| 48,001 – 70,000 | 7,980 | 48,000 | 30% |
| 70,001 – 180,000 | 14,580 | 70,000 | 33% |
| Over 180,000 | 48,180 | 180,000 | 39% |
*All figures based on local currency
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