Pay-rise stand-off ‘looming’

A gulf is growing between the pay rises that white-collar workers expect over the year ahead and the increases that employers are willing to pay, according to one of the country’s largest recruiters.

Recruiter Robert Walters said its annual survey of more than 1000 professionals and employers showed a growing disconnect, and signs of a ‘‘looming salary standoff’’.

About 79% of white-collar workers it surveyed warned they expected to start looking for a new job if they did not get a pay rise that beat inflation over the next 12 months, but about 70% of employers were not prepared to offer that, it said.

Shay Peters, managing director of Robert Walters in Australia and New Zealand, said white-collar workers’ awareness of high inflation and their demands for matching pay rises had been gradually building over the past six to 12 months.

But the negative employers’ sentiment more sudden, he said.

‘‘They are looking at global trends and what’s coming from a macroeconomic perspective over the next 12 to 24 months and starting to see a change in the market.

‘‘Our offices in America have definitely felt this first but we know it’ll come our way eventually.’’

ANZ reported in a separate survey on Wednesday that businesses’ hiring intentions had turned negative for the first time in two years.

ANZ said its survey was held too early in the month to have been significantly influenced by the Reserve Bank’s hawkish monetary policy last week that signalled it was engineering a recession next year.

But Peters said he was aware of anecdotal evidence that employers had hardened their attitudes since that statement.

‘‘We’re starting to see key metrics such as ‘time to hire’ increase which means employers are thinking a lot more carefully about what their business is going to be facing over the next 12 to 24 months.’’

But the outlook was complicated as Robert Walters was still seeing global talent shortages, he said. turn in had been

The world’s largest passenger jet has touched down in Auckland as Emirates resumes its non-stop service to Dubai – one of the longest commercial flights in the world.

The double-decker A380 has been largely absent from New Zealand skies since the start of the pandemic, save a series of repatriation flights operated by German airline Lufthansa in April 2020.

Emirates last flew an A380, which famously features a cocktail bar and showers, to Auckland in February 2020. Since then, it has operated the route with a smaller Boeing 777-300ER, with a stop in Kuala Lumpur.

The UAE-based airline’s New Zealand regional manager, Chris Lethbridge, said the return of the superjumbo jet was a sign international air travel for New Zealanders was returning to normal. ‘‘The A380s are more than an aircraft for New Zealanders. Since first arriving in 2009, they have been a symbol of our passion for travel and new experiences. We’re very proud to bring them back to the country.’’

The return of the daily non-stop service will see flights depart Auckland at 9.15pm and arrive in Dubai at 5.25am the next day, local time. The return flight will depart Dubai at 10.05am and arrive in Auckland at 11.05am the next day. Flights between Dubai and Christchurch via Sydney are set to resume in March. With a flight time of 17 hours and 15 minutes, Emirates’ Auckland to Dubai service is one of the world’s longest commercial flights, and the longest route on the airline’s network. Air New Zealand’s Auckland to New York service is slightly longer at 17 hours and 35 minutes. The longest flight in the world is Singapore Airlines’ New York to Singapore service, with passengers spending 18 hours and 45 minutes in the air.

If you’re going to be in the sky for a long time, the A380 is one of the best places to do it – particularly if you’re in business or first class.