Employer of Record (EOR) New Zealand

New Zealand

Innovare New Zealand is based in Auckland, New Zealand and is a wholly owned member of the Innovare Group.

Just like Australia, New Zealand’s immigration doors has welcomed international talents to fill in the skill set market. However, most organisations venturing into New Zealand face roadblocks that often make the processes we take for granted elsewhere a challenge here. Basic necessities like employment of a foreigner, administering of payroll, paying taxes are not that straightforward.

The Innovare Group provides a full contract management model in New Zealand specific to your requirements operating in multiple industries. We usually refer to this model as the Employee of Record (EOR) model. Some of the characteristics are elaborated below.

We are able to assist whether you or your consultant is an expatriate, local or permanent resident in New Zealand.

We have a team of payroll, immigration and compliance specialists ready to provide professional advice in terms of contracting.

How Innovare New Zealand can assist:

Immigration Services
Payroll Administration
Tax and Social Security Management
Other Employer Costs and Insurance
Statutory Benefits

Back to Our Reach

OUR REACH » new zealand » IMMIGRATION SERVICES

Immigration Services

Immigration laws in most countries in Asia Pac often hold a local entity responsible for the entry, wellbeing, good behaviour and eventual exit of the individual. This also ensures that local immigration and employment laws are adhered to. This host company will be the technical employer of the individual.

We assist with the sponsorship of the work visa. Please speak to your Innovare sales contact person who will determine the appropriate visa for you or your consultant.

OUR REACH » new zealand » PAYROLL ADMINISTRATION

Payroll Administration

Our New Zealand company will administer the payroll for locals or permanent residents as well as for sponsored expatriates.

OUR REACH » new zealand » TAX & SOCIAL SECURITY MANAGEMENT

Tax & Social Security Management

All income derived from work performed in New Zealand is subject to tax payment, regardless of payment location based on a PAYE requirement. We shall deduct the respective tax amount each month accordingly and subsequently paid monthly to the New Zealand Tax Office.

Ordinary time earnings (OTE) attract an employer social security premium of generally 5% (Consultant has the option to opt out of KiwiSaver scheme). OTEs are usually the amount earned for ordinary hours of work which includes commissions, shift loadings and allowances but not overtime payments. Employee premium contribution is around 4%.

OUR REACH » new zealand » Other Employer Costs and Insurance

Other Employer Costs and Insurance

Innovare’s insurance policy in New Zealand (subject to terms and conditions) includes Professional indemnity insurance and Public liability insurance and is inclusive in our management fee. Workman compensation insurance is inclusive in the Accident Compensation Corporation (ACC) levy.

Needless to say, all Employee of Record consultants are required to have adequate medical insurance to cover them throughout the entire contract. While Accident Compensation Corporation (ACC) covers for locals or permanent residents, medical insurance is a must for expatriates working in New Zealand.

OUR REACH » new zealand » STATUTORY BENEFITS

Statutory Benefits

At the point of initial discussions, your Innovare sales contact will provide you with a list of statutory benefits which the agency or the end client must provide in compliance to the New Zealand labour regulations.

OUR REACH » New zealand » TRAVEL & QUARANTINE REQUIREMENTS

New Zealand Travel & Quarantine Requirements

Please check the link below for updated information:

Latest New Zealand Travel & Quarantine Requirements

Disclaimer: Due to COVID-19, there has been a constant change in terms of work permit process, timeline, travel restrictions, quarantine period, medical tests as well as insurance requirements etc. All these requirements can change by the respective authorities in both country of work and candidate’s home country from time to time. The process, timeline and costs that Innovare provides is a guideline and is subject to change if any process is being changed. While every reasonable effort has been made to ensure its accuracy at the time of communication, Innovare cannot guarantee nor be liable for such change in timeline or costs arising from any pandemic related factors so please take note of the potentially volatile situation during this period.