Brad Olsen: Infometrics Chief Economist on the increased living wage
Early Edition with Ryan Bridge · Newstalk ZB
Audio is streamed directly from the publisher (pdst.fm) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
An increase to the living wage could look to help improve the labour market.
From September first, it will jump to $26 an hour, $3.30 above minimum wage.
It's an almost 10-percent rise since last year.
Infometrics Chief Economist Brad Olsen told Kate Hawkesby that we could see businesses re-evaluate the offers they put on the table.
He says paying the living wage could be a way of securing an employee from another business that isn't offering it.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.