Hire your remote team in New Zealand

Name: Hire a remote team in New Zealand
Brand: Rivermate
SKU: new-zealand
Price: 399 EUR
Availability: InStock
Rating: 4.4 (5 reviews)

Only 399 EUR per employee per month

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Hiring a remote team in a country as New Zealand comes with a lot of overhead, such as compliance, local laws, taxes, etc. As a company, you don't want to worry about knowing all the local laws. Instead you want to focus on your remote team and the business. Rivermate's Employer of Record (EOR) solution helps companies hire remote employees in New Zealand. We take care of global payroll, taxes, benefits, compliance and HR activities. So you can focus on growing your business.

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1. Hire a remote team in New Zealand with Rivermate

Payroll, benefits, taxes, and compliance can be difficult to manage in New Zealand, particularly if you don't have established local relationships. You can hire employees in New Zealand effectively, conveniently, and in full compliance with all relevant labor laws using Rivermate's global Employer of Record (EOR) solution. We handle the responsibilities and legal risks associated with foreign employment so you can concentrate on growing your company.

Table of contents

Hire a remote team with Rivermate
Introduction
Hiring a remote team in your country
Cost of living
Cost of renting
Major industries
Hiring cost
Employment laws
Top skills
Economic landscape
Market size
Minimum wage
Why choose Rivermate?

2. Introduction

Rivermate is a global employment solutions company that provides Employer of Record services in New Zealand.

As an employer of record, we help you hire employees and run payroll services in New Zealand, allowing you to avoid the necessity of first establishing a branch office or subsidiary in New Zealand.

It is not necessary to establish an entity in order to hire an employee. We can hire your employee in any country with a few mouse clicks. Using our Employer of Record solution, you can have full compliance, benefits, and automated payments.

If you wish to hire a remote team in New Zealand or individually hire remote employees in New Zealand, Rivermate’s global employer of record services will make sure that the process will be as seamless as possible for you.

Send us a message so we can talk about how Rivermate’s Employer of Record New Zealand services can best help your company!

3. Hire a remote team in New Zealand

New Zealand is a developed nation with a free-market economy. It has one of the lowest unemployment rates in the developed world, at around 4.9 percent. The COVID-19 pandemic has increased unemployment in a variety of sectors, but the government has not released specific figures. New Zealand is a stunning country with an incredible climate, biodiversity, culture, and diversity.

Professionals in agriculture, science and technology, environment, geology, art, literature, food, media, and many other fields will find numerous roles and opportunities in New Zealand. It is an incredible country to live in because it has excellent infrastructure, a higher quality of life, and tremendous job security.

4. Cost of living in New Zealand

New Zealand's cost of living is $1669, which is 1.79 times higher than the global average. New Zealand ranked 19th out of 197 countries in terms of cost of living and 16th in terms of quality of life.

In New Zealand, the average after-tax salary is $2904, which is enough to cover living expenses for 1.7 months.

5. Cost of renting in New Zealand

New Zealand has a higher cost of living than most other countries. An individual needs $1,000 to $2,000 per month to cover all of their expenses. Tier one cities are significantly more expensive than Tier three cities. On a global scale, New Zealand is more expensive than some countries like India, but less expensive than others like Australia.

Many people can afford to live in New Zealand on a rental basis. For college students and recent graduates, shared living spaces are always a good option. A decent housing space costs about $1,200 per month in the United States. The rent varies according to the available amenities and the location of the housing.

6. Major industries in New Zealand

When the index of geopolitical gains and losses after energy transition (GeGaLo Index) goes into effect, New Zealand's energy sector is expected to be among the top five. On a global scale, New Zealand's renewable energy sector is at the forefront.

In New Zealand, the telecommunications industry is still in its early stages. On a global scale, this sector is lagging, but that is where job opportunities are emerging as the government attempts to bring this sector up to speed with the rest of the world.

New Zealand's transportation sector is an important one, with numerous job opportunities. The backbone of this sector is comprised of road networks, railway networks, airway networks, and seaports.

7. Hiring cost in New Zealand

Employers must cover the cost of hiring when they are looking for new talent or individuals. The process of hiring is lengthy and requires considerable resources. Following are the various aspects that determine the hiring cost

- Onboarding

- Training

- Orientation

- Interview process

- Personnel to conduct interviews

8. Employment laws New Zealand

New Zealand's employment laws are based on various constitutional provisions. They consider the employees' economic, personal, social, physical, and mental well-being. The New Zealand government's labor division ensures that these laws are followed. The labor division takes the following factors into account:

- Maternity leave, paternity leave

- Paid leave

- Overtime compensation

- Equality

- Trade union regulation

- Collective bargaining and agreements

The laws and regulations that govern the employment relationships in New Zealand are based upon

- ER Act

- Bill of Rights Act 1990

- Privacy Act 1993

- Health and Safety in Employment Act 1992

- Human Rights Act 1993

9. Top skills New Zealand

The private sector provided the majority of job opportunities in New Zealand. In addition to hard skills, New Zealand looks for soft skills like communication, teamwork, problem-solving, and so on. New Zealand is always looking for skilled and talented people who will fit in perfectly.

Major skills and areas which have witnessed a recent growth rate

- Construction

- Business analytics

- Web development

- Nursing

- Teaching

Professionals in a variety of fields will find numerous opportunities in New Zealand. These opportunities are determined by the location you are considering. Every city has distinct characteristics that influence regional employment trends.

- Wellington - As New Zealand's capital, Wellington has a plethora of job opportunities in trade, sales, politics, tourism, and other fields. It has a low cost of living, which makes it appealing to new job seekers. The average weekly salary in Wellington is US $864.86 (NZ $ 1,247).

- Auckland is one of New Zealand's most important running cities. It provides nearly the same opportunities as Wellington. However, its cost of living is higher than that of the capital city. In Auckland, the average weekly wage is around US $900.86 (NZ $ 1,295).

10. Economic landscape in New Zealand

The nominal GDP of New Zealand is US $134.23 billion (NZ $193.545 billion), with a per capita income of US $26,823.05 (NZ $38,675). Its PPP GDP is US $142.55 billion (NZ $205.54 billion), and its PPP per capita income is US $28,485.49 (NZ $41,072). The 2019 Human Development Index places New Zealand 14th (HDI). New Zealand's research and development sector has grown dramatically, and it now accounts for 1.37 percent of the country's GDP.

11. Market size in New Zealand

New Zealand's market is based on the transportation, telecommunications, and energy sectors. The transportation industry has suffered greatly as a result of the COVID-19 pandemic-induced lockdown. As the restrictions are gradually lifted, the industry is attempting to reclaim its foothold in order to cover losses and record profits in the coming years.

12. Minimum wage in New Zealand

New Zealand has different minimum wages for adults, starting-out employees, and employees on training. Employees ages 16 and older qualify for the adult minimum wage, which is NZ$20.00 an hour before tax. The starting-out wage is NZ$16.00 an hour before tax and covers 16 and 17-year-olds working for one employer fewer than six months; 18 and 19-year-olds who meet certain specifications; and 16 to 19-year-olds with an employment agreement requiring 40 credits of industry training a year.

The minimum wage for training workers is NZ$16.00 an hour. To qualify as a training worker, the employee needs to be 20 years old or older and have an employment agreement that stipulates at least 60 credits of industry training a year.

13.Why choose Rivermate to hire your remote team in New Zealand?

Establishing an entity in New Zealand to hire a team takes time, money, and effort. The labor law in New Zealand has strong worker employment protection, requiring great attention to details and a thorough awareness of local best practices. Rivermate makes expanding into New Zealand simple and effortless. We can assist you with hiring your preferred talent, managing HR and payroll, and ensuring compliance with local legislation without the hassle of establishing a foreign branch office or subsidiary. Our PEO and Global Employer of Record (EOR) solutions in New Zealand give you peace of mind so you can focus on running your business. Please contact us if you'd like to learn more about how Rivermate can help you hire employees in New Zealand via our Employer of Record (EOR) / PEO solution.