To many employees it then comes as a shock to see their employer contributions consistently lower than expected on their kiwisaver statement. Why is that? There are two main reasons why the amounts received from your employer in your kiwisaver account don't match the amounts that have come from your salary contributions.
The Living Wage has an admirable purpose but there are some deficiencies in the way that the living wage currently works in NZ. Here we demonstrate why there should be consideration for regional differences in the cost of living.