People with higher qualifications earn more on average than those without. However, the low unemployment in New Zealand and the tradition of low disparities in earnings in this country means that employers pay a very low wage premium for tertiary qualifications. Among men, the earnings margin enjoyed by men with tertiary qualifications was the lowest in the OECD in 2006. Among women with a degree or higher, the premium was the fifth lowest in the OECD.
Earnings premium for holding a tertiary education qualification (2006), New Zealand and selected OECD countries
http://www.educationcounts.govt.nz/publ ... 73/31474/4