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When is 3 plus 1 equal to 3.1? Suggested methods of examining wage settlements to determine their annual rate of adjustment

Authors

  • Jim Ansell
  • Peter Brosnan
  • Raymond Harbridge

DOI:

https://doi.org/10.26686/nzjir.v15i1.7563

Abstract

One focus in the current debate over labour market "flexibility" has been the extent to which there is a dispersion of wage settlements. But determining the degree of dispersion is no easy task. With the abandonment of the "12 month rule", which had applied in the legislation from 1974, a proportion of documents now have terms greater or less than 12 months. Harbridge (1988) found that 13 percent of the documents negotiated in the 1986-87 wage round had terms other than 12 months with a range from 3.5 to 17.5 months.

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Published

1990-04-01

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