More than half of firms increase overtime levels

1.00pm

More than half of New Zealand companies increased overtime levels for their staff in the past year, a survey has found.

The Hays New Zealand survey of 1700 firms found 52 per cent lifted their overtime levels in the past year.

Of those, 37 per cent increase overtime by more than 10 hours, 20 per cent increase it by five to 10 hours, and 16 per cent increase it by less than five hours, the survey found.

Twenty-six per cent of the companies surveyed decreased overtime levels, while 22 per cent said they remained the same.

"Five hours or less overtime, whether per week, at month-end or at year-end, is generally considered a reasonable level of overtime to meet occasional fluctuating workloads," said Jason Walker, General Manager at Hays.

"However when overtime becomes excessive, or is not recognised or rewarded, it can lead to lower productivity, lower morale, fatigue-related mistakes and accidents, higher turnover and increased absenteeism," Walker said.

"When recognised or rewarded, used effectively and in moderation, overtime can help increase employee satisfaction as it gives employees an option to either supplement their income, or take time in lieu.

"The company can increase or decrease overtime to meet workload demands, so it can be a positive tool for both employers and employees."

- NZPA