Brad Jacobs: Coffee Club Director on the changes to the 2003 Holidays Act

There are still grey areas in the Government's proposed leave legislation.  The Government's announced a new system to replace the 2003 Holidays Act.  Coffee Club Director Brad Jacobs told Mike Hosking while some parts still need clarity, the proposal appears to solve many issues.  He says as long as he's been in New Zealand, the Act has caused problems, and he's concerned by the long timeline ahead.  Government systems may be slowing down the implementation of the new leave legislation.  Jacobs told Hosking it will likely be three years before the new system —including an hourly accrual— is used.  He says massive payroll providers should be able to build these systems faster, and it may be government systems that are the handbrake.  LISTEN ABOVE  The podcasts in the SME Stream contain general information only, not financial or professional advice. Any opinions expressed in the podcasts are not necessarily shared by BNZ, or its related entities. BNZ is not liable for any losses resulting from the content of the podcasts. See omnystudio.com/listener for privacy information.