Chief exec charged with restructuring the unprofitable stainless steel fabricato  wants to exercise his first tranche of options early and will put it to shareholders at a special meeting.

New Zealand has been ranked among the top percentage of countries in the world for employee leave entitlements.

Employees should not expect pay rises over 5% as seen before the recession, with over half of organisations in a Mercer survey saying HR operating and salary increases budgets are on hold.

Auckland and Wellington getting more expensive to live in.

KiwiSaver funds went backward for the first time in over a year in the June quarter, with negative returns across all fund types, according to Mercer’s latest KiwiSaver survey.

Since share markets bottomed out last March KiwiSaver funds have experienced strong returns, with growth funds rising rapidly after suffering big losses during the peak of the financial crisis in late 2008 and early 2009.