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Vector commits to paying workers $20.20 an hour

07 November 2017

Posted in: Pacific Radio News,

By Ruci Farrell - ruci.farrell@pmn.co.nz

The country's biggest electricity distributor has given the Living Wage campaign the thumbs-up, agreeing to pay its workers no less than $20.20 an hour. 

Vector made the announcement in Auckland yesterday, assuring that all workers including contracted cleaners will be paid the living wage.

Vector Group CEO Simon Mackenzie says fairness and equity have been a big part of their approach and they are pleased to have this formally recognised through the Living Wage accreditation.

Living Wage Convenor Annie Newman applauds Vector's decision and hopes it sends a strong message to all other corporate companies.

"There's going to be a significant increase in pay for those contracted workers," she says. "What's really important is that Vector is sending a message to many other New Zealand corporates, that they can do this as well, that fair wages means living wages."

RNZ reported last month that a Deloitte 'Mood of the Boardroom' survey showed 91 percent of New Zealand businesses were prepared to pay their workers the living wage, but only 85 companies are accredited.

The new Labour-led government has announced it'll raise the minimum wage to $16.50 an hour next year and to $20 by 2021.

The Living Wage Movement group will go to parliament this afternoon to welcome the new Government and celebrate individual MPs' commitments to the cause.

Tags: politics,