Poll: Are you concerned about losing your job or business?
Hi neighbour,
About one in 14 workers say they expect to lose their job or business by mid-2021, according to data released by Stats NZ on Tuesday.
A survey of employed people in the June 2020 quarter showed 7 percent felt there was a high or almost certain chance of losing their job or business within the next 12 months. At a national level this represented 185,000 workers.
A further 18 percent (468,000) felt there was a medium chance, while 4 percent (105,000) stated they did not know what their job security was going to be over the following year.
Most people surveyed said there was little or no chance of losing their job or business (71 percent or 1,859,000).
Small businesses have been vulnerable during the pandemic. Self-employed people who did not have staff or employees of their own felt more insecure about losing their business than employees felt about losing their job. Ten percent of self-employed people without employees reported low job security, compared with 6 percent of employees.
The household labour force survey (HLFS) June 2020 quarter was collected over a three-month period from April to June and asked employed people about their perceived job security over the next 12 months. During the collection period, New Zealand dropped from COVID-19 alert level 4 in April to alert level 1 by June.
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53.2% Yes
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46.8% Ni
π Christmas 2025 Holiday Pay - What You Need to Know π
π Christmas 2025 Holiday Pay - What NZ Employers Need to Know π
With Christmas fast approaching, itβs important to make sure your team is paid correctly over the holiday period - especially with holiday legislation changes on the horizon.
π Good news: For Christmas 2025, the current Holidays Act rules still apply.
Hereβs a simple breakdown π
β
Employees with 12+ months service
β’ Entitled to 4 weeks paid annual leave
β’ Pay the higher of:
π Ordinary Weekly Pay or Average Weekly Earnings
π Full-time example
β’ 8 hrs/day Γ 5 days = 40 hrs/week
β’ $1,200 per week = $240 per leave day
π Part-time example
β’ 3 hrs/day Γ 4 days = 12 hrs/week
β’ $300 per week = $75 per leave day
β
Employees with less than 12 months service
β’ Not yet entitled to annual leave
β’ If your business closes down over Christmas, they must still be paid holiday pay for the closedown period (usually paid via payroll accruals or 8% of gross earnings under current law)
π Christmas & New Year Public Holidays
β’ Christmas Day (25 Dec)
β’ Boxing Day (26 Dec)
β’ New Yearβs Day (1 Jan)
βοΈ If the day is a normal working day, employees are paid for it
βοΈ If they work on a public holiday:
β‘οΈ Time and a half + an alternative paid day off
π Important β Changes Coming
The Holidays Act will eventually be replaced by a new Employment Leave Act, moving to hours-based leave accrual and simplified calculations.
β οΈ These changes are not in force yet, so Christmas 2025 still follows current rules.
π¬ Need help checking your payroll or holiday calculations?
π§ Email: info@corefigures.co.nz
π Website: corefigures.co.nz...
β¨ Feel free to share this with other NZ business owners β¨
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