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Small Business Minister Craig Foss today welcomed the release of a new online tool to help small and medium-sized businesses understand the cost of employing staff.

The tool, developed by Business.govt.nz at the Ministry of Business, Innovation and Employment, estimates the fixed and discretionary costs of hiring new staff.

Fixed costs include salary, ACC levies and KiwiSaver. Discretionary costs include recruitment, training and office equipment.

  • Craig Foss
  • Small Business