Key Facts: Bermuda vs New Zealand Wages
- Bermuda Minimum Wage
- $17.13/hr ($17.13 USD)
- New Zealand Minimum Wage
- NZ$23.50/hr ($13.99 USD)
- New Zealand Avg. Gross Monthly Salary
- NZ$5,666.67 /mo ($3,374.22 USD)
- Data Sources
- Government of Bermuda — Advancing a Fair and Sustainable Minimum Wage (2026-05-04), Employment New Zealand / Ministry of Business, Innovation and Employment (2026-03-02)
Bermuda
New Zealand
Updated 2026-05-04
Minimum Wage
$17.13 /hr
$17.13 USD
Both high-income economies, Bermuda and New Zealand set comparable minimum wage floors in USD terms.
Detailed Comparison
| Metric | Bermuda | New Zealand |
|---|---|---|
| Minimum wage /hr | $17.13 $17.13 | NZ$23.50 $13.99 |
| Minimum wage /mo | $2,968.87 $2,968.87 | NZ$4,073.83 $2,425.77 |
| Minimum wage /yr | $35,630.40 $35,630.40 | NZ$48,880 $29,105.63 |
| Avg. gross salary /mo | N/A/mo | NZ$5,666.67 /mo $3,374.22 |
| Avg. net salary /mo | N/A/mo | NZ$4,533.33 /mo $2,699.37 |
| Median individual income /yr | N/A/yr | NZ$61,828 /yr $36,815.53 |
Percentage differences are based on USD equivalent values. Positive means Bermuda is higher.
Work Week
- Bermuda
-
40 hrs/wk standard
Max 48 hrs/wk
Overtime : 1.5x pay
Standard workweek is 40 hours under the Employment Act 2000.
- New Zealand
-
40 hrs/wk standard
Overtime : 1.5x pay
No statutory maximum working hours, but employers must ensure reasonable working hours. Most employment agreements specify 40 hours/week. Overtime rates not mandated by statute but commonly 1.5x by agreement. Time-and-a-half and a day in lieu required for work on public holidays.
• WAGE TRAJECTORY (USD/hr)
What This Means for Workers
A minimum wage worker moving from New Zealand to Bermuda would see a 22% increase in USD-equivalent hourly earnings.
See this comparison from New Zealand's perspective: New Zealand vs Bermuda
Compare Bermuda with...
Frequently Asked Questions
Is the minimum wage higher in Bermuda or New Zealand?
In Bermuda, the minimum wage is $17.13/hr ($17.13 USD). In New Zealand, it is NZ$23.50/hr ($13.99 USD). Bermuda has the higher rate by 22% in USD terms. That nominal gap does not account for local prices; see the purchasing power comparison below for a cost-of-living-adjusted view. Workers in New Zealand may retain a larger share of their earnings if prices there are lower.
How do work hours compare between Bermuda and New Zealand?
Both Bermuda and New Zealand mandate a similar standard work week of 40 hours. When work hours are equal, the country with the higher minimum wage delivers proportionally higher weekly earnings. Standard work week rules set the baseline; actual hours worked often differ based on industry norms and individual employment contracts.