The Fair Pay Agreements Bill passed into law in New Zealand on 1 November 2022, with applications to initiate bargaining beginning from 1 December 2022.
In this factsheet, we unpack what this major change means for your business clients, as well as your own business - if you’re an accountant, bookkeeper, outsourced payroll provider or payroll specialist who’s running payroll on behalf of clients.
How Fair Pay Agreements work
What you need to do now
The benefits of Fair Pay Agreements in enabling value-adding services for outsourced payroll providers
How strong payroll software can help to streamline complex employment agreements
Disclaimer: The information in this article is current as at 15 November 2022, and has been prepared by KEYPAY LIMITED PARTNERSHIP (NZBN 9429048779524) and its related bodies corporate (KeyPay). The views expressed in this article are general information only, are provided in good faith to assist employers and their employees, and should not be relied on as professional advice. The Information is based on data supplied by third parties. While such data is believed to be accurate, it has not been independently verified and no warranties are given that it is complete, accurate, up to date or fit for the purpose for which it is required. KeyPay does not accept responsibility for any inaccuracy in such data and is not liable for any loss or damages arising either directly or indirectly as a result of reliance on, use of or inability to use any information provided in this article. You should undertake your own research and to seek professional advice before making any decisions or relying on the information in this article.
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