Tuesday, February 8, 2011

90-day trial periods a success

Research shows 13,000 New Zealanders got jobs they otherwise wouldn’t have through 90-day trial periods. The trials had a positive impact on jobs for small employers during rising unemployment.

Analysis by New Zealand Institute of Economic Research looked at the impact of trial periods following its introduction in March 2009.

Unemployment peaked at 7.1 per cent that year. Small businesses faced tough economic times, so it was encouraging to see hiring was almost six percentage points higher than expected.

National is committed to lifting the long-term performance of the economy and creating more jobs. Trial periods bring opportunity for all New Zealanders.

With the extension of trial periods on April 1, we expect to see increased hiring through larger employers providing further benefits for hard-working Kiwis.

More information: http://www.beehive.govt.nz/release/minister-welcomes-analysis-trial-periods

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