Subscribe today - find out more
Why you should consider BusinessDesk

Hefty pay rises accompany bigger profits at Briscoe

Staff reporters
Tue, 14 Sep 2021

Briscoe kept all its staff on full wages through last year’s lockdown. (Image: Deposit Photos)
Staff reporters
Tue, 14 Sep 2021
Retailer Briscoe Group hiked its wages and will pay a bigger dividend after fattening its first-half profit.The operator of the Briscoes and Rebel Sports chains has lifted its hourly wage 6.4% since May, outpacing the 4% annual pace of wage growth in the June quarter, as it fights to attract and retain staff.Briscoe kept all its staff on full wages through last year’s lockdown and didn’t shutter any stores, but was shamed for not immediately repaying the government wage subsidy when its rapid return to profitability was accompanied...

Use the information you’ve already given Google to create your subscription.

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

The hermit trading nation
Ian McCrae | Sat, 25 Sep 2021

The rest of the world is opening up, and NZ businesses' international customers are getting frustrated. 

Law & Regulation
Deloitte: Why consultants are moving into advertising
Daniel Dunkley | Sat, 25 Sep 2021

The glamorous advertising world looks set for a shake-up.

On the Money
On the Money: Judith Collins, Ardie Savea, NZ's most accessible business leaders, and more
Rebecca Stevenson | Sat, 25 Sep 2021

OTM this week: the parallels between Judith Collins' business and political careers, who are the most approachable business leaders in NZ, which company is holding fire to get personal? And more.

Demand driven change an easier route to carbon reduction

Taking a demand-driven approach to carbon reduction will naturally bring us into line with government targets.

Kiwi security technology leading the world

Businesses must take advantage of our home-grown, world-leading, internationally-valued cyber defence systems to manage risk.