Counter offers are proving to be ineffective in retaining employees for the long-term despite being common practice for many New Zealand companies. According to independent research commissioned by specialised recruiter Robert Half, more than eight in 10 (89 percent) New Zealand CFOs have extended a counter offer while 64 percent of the same CFOs also say that the employee ended up leaving the company.

Sixty-nine chief executives responded to an open-ended question as to what they would like to see on the Labour Shadow Finance Minister’s policy agenda.

“Continue to constrain public expenditure to core and effective services,” advised Unitec CRO Rick Ede. “Reset taxation and investment incentives to favour productive investment instead of property investment.…

Computer Forensics managing director Brian Eardley-Wilmot says his business has seen a rise in computer crime over the last year.

His company is often called in to investigate data theft and other intellectual property crimes. He says there are now more than 100 data crimes each day in New Zealand.…