- This is not current policy -
The policy in this manual ceases to be effective from 29 November 2010.
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market rate (RSE policy)
From policy: WH1.20 Requirements for employment agreements under RSE policy
WH1.20.15 Market Rate
For the purpose of RSE policy, 'market rate' is the typical rate a New Zealand citizen or resident is paid for doing the equivalent work, in the same period, in the same region. The 'market rate' may be expressed in terms of a 'per hour' rate or a piece rate.
Effective 26/11/2007