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Thread: Remuneration bands

  1. #1
    Join Date
    Oct 2016
    Location
    NZ
    Posts
    52

    Default Remuneration bands

    Hello,

    I wish to support my partner for a work visa so I must be in the mid skill band.
    I have a monthly salary of $3300.
    My calculation shows I make more than $19.97/hr which make me eligible to be in mid skill band.

    Howeve INZ website says ' The mid-skilled remuneration rate of $19.97 per hour equates to $41,538 per year, based on a 40 hour work week.' My annual salary is below $41538.

    Im quite confuse. If I earn $3300/mth with 40hrs per week, what is my hourly pay?

    Many thanks for help!

  2. #2
    Join Date
    Oct 2013
    Location
    New Zealand
    Posts
    2,283

    Default

    INZ's calculation is based on $19.97 x 40 hours x 52 weeks = $41,537.60. Yours might be $3300 x 12 /52/40 = $19.03 an hour or $39,600 pa

  3. #3
    Join Date
    Oct 2013
    Location
    New Zealand
    Posts
    2,283

    Default

    Quote Originally Posted by yanyanyan881 View Post
    Hello,

    I wish to support my partner for a work visa so I must be in the mid skill band.
    I have a monthly salary of $3300.
    My calculation shows I make more than $19.97/hr which make me eligible to be in mid skill band.

    Howeve INZ website says ' The mid-skilled remuneration rate of $19.97 per hour equates to $41,538 per year, based on a 40 hour work week.' My annual salary is below $41538.

    Im quite confuse. If I earn $3300/mth with 40hrs per week, what is my hourly pay?

    Many thanks for help!
    The other question is what does your employment contract provide for. A monthly, 4 weekly, or annual salary; or an hourly wage? That could change the calculation.

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