New Zealand proposes barring high-earning workers from unjustified dismissal claims to boost labor market flexibility.

New Zealand plans to amend its Employment Relations Act, preventing workers earning over $180,000 annually from filing unjustified dismissal claims. The policy, aimed at enhancing labor market flexibility, will cover about 3.4% of the workforce and will be adjusted yearly based on average weekly earnings. Workers and employers can opt back into the protection or negotiate dismissal procedures.

November 28, 2024
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