Thursday, 09 May 2024 10:55

Editorial: Farm salaries get a boost

Written by  Staff Reporters
The increases have come even though the agricultural sector facing a raft of challenges in the past two years. Photo Credit: Paul Sutherland Photography. The increases have come even though the agricultural sector facing a raft of challenges in the past two years. Photo Credit: Paul Sutherland Photography.

OPINION: The recent Federated Farmers / Rabobank 2024 Farming Salaries Report revealed strong growth in farm salaries over the past two years.

The numbers speak for themselves: weighted average salaries rose by 11% for dairy sector roles, by 17% for sheep and beef roles, and by 14% for arable roles.

The increases have come even though the agricultural sector facing a raft of challenges in the past two years – farm owners have been facing higher input costs and interest rates. Despite this, farm employers across the dairy, sheep and beef, and arable sectors have continued to invest strongly in one of their greatest assets – their staff.

Since 2022, the average salary for a farm worker has increased by $7,480 to $71,411 and the weighted average annual salary across the 13 surveyed on-farm position categories has grown by 13%.

And for some more senior roles, the increases have been significantly higher: the average salary for a dairy herd manager is up 19% to $74,185. A sheep/beef farm manager is earning an average 22% more than two years ago ($88,381) and the average income for an arable farm manager is up 28% to $101,264.

As Federated Farmers points out, the increases are impressive, especially considering all the headwinds farmers have contended with over the past two years which have included Covid, severe weather events, production-suffocating red tape, inflation and roller-coaster commodity prices.

The report also highlights strong growth in Total Package Values (TPV) for farm employees. The average TPV for someone working in the sheep and beef sector rose to $76,296, nearly $3,700 more than the salary.

The average weekly hours worked on farms is below the International Labour Organisation’s recommended maximum standard weekly total of 48 hours. The average number of hours worked by a permanent dairy staff member was 46.3 hours. On a sheep and beef farm it was 44.4 hours and on an arable farm 46.3 hours.

These impressive statistics show that NZ agriculture remains an attractive workplace for both locals and migrants, and farm owners are dedicated and fair employers.

Finally, it means careers in NZ agriculture are not only satisfying, but also pay-competitive.

More like this

Editorial: Keep FTAs coming

OPINION: The dairy industry will  be a major beneficiary of a new free trade deal between NZ and the Gulf Co-operation Council (GCC).

Virtual fence probe

OPINION: Should there be an inquiry into virtual fencing technology for cows?

Featured

Massey Research Field Day attracts huge interest

More than 200 people turned out on Thursday, November 21 to see what progress has been made on one of NZ's biggest and most comprehensive agriculture research programmes on regenerative agriculture.

Expo set to wow again

Stellar speakers, top-notch trade sites, innovation, technology and connections are all on offer at the 2025 East Coast Farming Expo being once again hosted in Wairoa in February.

A year of global challenges

As a guest of the Italian Trade Association, Rural News Group Machinery Editor Mark Daniel took the opportunity to make an early November dash to Bologna to the 46th EIMA exhibition.

National

Winter grazing warning

Every time people from overseas see photographs of cows up to their hocks in mud it's bad for New Zealand.

ANZ defends farm lending rates

The country's largest lender to the agriculture sector says it's not favouring home loans over farm and business lending.

Machinery & Products

Expo set to wow again

Stellar speakers, top-notch trade sites, innovation, technology and connections are all on offer at the 2025 East Coast Farming Expo…

A year of global challenges

As a guest of the Italian Trade Association, Rural News Group Machinery Editor Mark Daniel took the opportunity to make…

» Latest Print Issues Online

The Hound

Review SOEs!

OPINION: NIWA has long weathered complaints about alleged stifling of competition in forecasting, and more recently, claims of lack of…

Bank reset

OPINION: Adding to calls to get banks to 'back off', NZ Agri Brokers director Andrew Laming has revealed that the…

» Connect with Rural News

» eNewsletter

Subscribe to our weekly newsletter