Business Operations Survey: 2023

The Business Operations Survey collects information about business practices for the latest financial year for which businesses had data available when they completed the questionnaire. The survey includes different modules or topics that may change each year. Each module has its own specific objectives. The survey covers businesses with six or more employees.

Key facts

The Business Operations Survey for 2023 included questions on business operations, innovation, business practices, and climate change.

In 2023:

Four out of five businesses offered flexible working hours to their employees

When asked if they offered the option to work flexible hours, 81 percent of businesses said yes. Of which:

  • 30 percent offered it to all their employees
  • 51 percent offered it to some of their employees.

Larger businesses were more likely to offer flexible working hours, with 90 percent of large businesses (100 or more employees) doing so, compared with 79 percent of small businesses (6 to 19 employees).

Items6-19 employees20-49 employees50-99 employees100+ employees
Flexible working hours 79858890
Option of part-time work 74818591
Option to work from home36537079
Provisions for parental leave beyond what is required by law26273041
“Provisions for redundancy23253448
illness44536875
or injury beyond what is required by law”47638092
Support for physical health and wellbeing
Support for mental health and wellbeing
IndustryOther locationPremises owned or rented by businessStaff member’s home
Information media & telecommunications56827
Financial & insurance services57620
“Professional117020
scientific434512
& technical services”137611
Administrative & support services58510
Wholesale trade21699
Education & training36559
“Rental5887
hiring36567
& real estate services”27695
“Electricity9864
gas3924
water5914
& waste services”73233
Arts & recreation services18802
“Transport32652
postal2962
& warehousing”
Mining
Manufacturing
Health care & social assistance
Retail trade
Construction
Other services
“Agriculture
forestry
& fishing”
Accommodation & food services

Almost half of all businesses had policies in place for preventing workplace bullying

Forty-seven percent of businesses had formal policies or actions in place for preventing bullying at work.

These policies or actions were most common in the health care and social assistance industry (66 percent).

Item6-19 employees20-49 employees50-99 employees100+ employees
Reducing pay gap8131725
Preventing bullying40607181
Promoting diversity and inclusion24364964
Encouraging employees representation in health and safety issues47647783
Employing people who do not live locally8111218
None of the above4424138

The most common formal policy or action in place was encouraging employee representation in health and safety issues (53 percent).

Four out of five businesses provided training to their staff

Eighty-six percent of businesses had employees who participated in training in their last financial year.

The most common training type was health and safety, with 83 percent of businesses having at least one employee trained in the last financial year.

Health and Safety at Work Act 2015 outlines how businesses must provide information, training, instruction, or supervision that is necessary to protect people from risks to health and safety.

Type of training1-25 percent26-50 percent51-75 percent76-100 percent
Health and safety training25121234
Professional / technical skills31131419
Trade related skills24141316
Management / supervisory skills431143
Customer services / sales skills2511910
Computer skills31968
Other job-related skills1910813
“Māori language10224
culture
or Treaty of Waitangi training”

One in four large businesses exported goods and/or services

The industries with the highest proportion of exporters among large businesses (100 or more employees) were:

  • manufacturing (73 percent)
  • mining (56 percent)
  • agriculture, forestry, and fishing (48 percent).

Overall, across all the business sizes, more than one-third of the businesses in the wholesale trade industry exported.

IndustryPercentage of businesses
Wholesale trade38
Manufacturing32
Information media & telecommunications25
“Professional20
scientific18
& technical services”17
“Agriculture9
forestry9
& fishing”8
Mining7
Arts & recreation services6
Retail trade6
“Rental5
hiring5
& real estate services”3
“Electricity3
gas1
water1
& waste services”
Education & training
“Transport
postal
& warehousing”
Administrative & support services
Financial & insurance services
Accommodation & food services
Other services
Construction
Health care & social assistance

Businesses’ expectations for 2024

One-third of businesses anticipated that the prices of key goods and services used by their business would increase significantly in the next financial year

Businesses were asked what changes they expected for their 2024 financial year. 33 percent of businesses anticipated a substantial increase in the prices of key goods and services used by their business.

Business price indexes: December 2023 quarter has the latest data on the producers price index for the changes in prices paid by producers for goods and services they use.

Almost one in five businesses anticipated a decrease in demand for their goods and services.

ChangesDon’t knowIncrease a lotIncrease a littleStay the sameDecrease
Demand for this business’s goods and services68363119
Total employment in this business’s industry145294111
Prices of key goods and services sold by this business71457184
Prices of key goods and services used by this business6335282
Wage rates and salaries of this business’s employees32261131

Sixty-one percent of businesses expected the wage rates and salaries of their employees to increase a little over their next financial year, while 22 percent expected a significant rise.

Labour market statistics: December 2023 quarter has the latest statistics on wage rates and salaries.

One-third of businesses expected that the total employment in their industry would increase in their next financial year. The industries where the largest proportion of businesses expected an increase were:

  • administrative and support services (46 percent)
  • electricity, gas, water, and waste services (43 percent)
  • health care and social assistance (42 percent).

On the other hand, 18 percent of businesses in transport, postal, and warehousing anticipated a decrease in the total employment in their industry.

Business employment data: December 2023 quarter has more information on number of filled jobs.

Almost one in five businesses were able to access debt funds on acceptable terms

More than 1 in 4 businesses requested new or additional debt or equity finance in 2023. Nineteen percent of those businesses reported that the debt funds they requested were available on acceptable terms, down from 24 percent in 2021.

YearDebt funds available on acceptable terms
201921
202022
202124
202221
202319
YearBusinesses who requested equity or debt
201924
202026
202127
202225
202327
ReasonsPercentage of businesses
To improve productivity79
To increase revenue74
To increase responsiveness to customers 69
To reduce costs 68
To increase employee satisfaction61
To increase market share 56
To establish or exploit new market opportunities46
To improve work safety standards44
To reduce environmental impact30
To replace goods or services being phased out22
To reduce energy consumption20

The biggest barriers to innovation were the cost to develop or introduce innovations, and the lack of management resources.

BarriersPercentage of businesses
Cost to develop or introduce innovations58
Lack of management resources58
Lack of appropriate personnel51
Lack of information42
Lack of marketing expertise42
Government regulation35
Lack of cooperation with other businesses29
Access to intellectual property rights20

Two-thirds of large businesses had measures in place to reduce their environmental impact

Larger businesses were more likely to have measures in place to reduce their environmental impact, with 66 percent doing so, compared with 44 percent of small businesses.

Regardless of size, less than half of businesses (46 percent) reported having measures in place to reduce their environmental impact.

IndustryPercentage of businesses
“Electricity67
gas63
water62
& waste services”53
Mining50
“Agriculture48
forestry48
& fishing”47
Retail trade46
Accommodation & food services45
Manufacturing43
Wholesale trade42
Other services39
Education & training37
Health care & social assistance36
Information media & telecommunications36
“Transport36
postal31
& warehousing”
“Professional
scientific
& technical services”
Administrative & support services
Construction
Financial & insurance services
“Rental
hiring
& real estate services”
Arts & recreation services

Technical note

The Business Operations Survey reports on businesses with six or more employees.

Businesses were surveyed from August to November 2023, about their last available financial year. The survey included questions on business operations, innovation, business practices, and climate change.

Business Operations Survey 2023 questionnaire is available on Stats NZ website.

In 2023, the Business Operations Survey questionnaire was subject to an extensive review. This process involved significant updates to the business operations module, including the removal of some questions, modification of others, and the introduction of new questions. As a result, there is a discontinuity in the data series for some variables.

Additionally, the innovation module, which is conducted every two years, underwent a partial review. This led to a break in the continuity of the data series for the innovation indicator.

A new module, climate change, was also introduced.

Datainfo+ has comprehensive details on these changes.

In addition to the key facts, data is available in CSV format at the top of this webpage. The unchanged series from the business operations module are also available on Infoshare.

Survey response rate

The Business Operations Survey is a sample survey. For the 2023 survey, we selected a sample of 9,783 from a total Business Operations Survey population of 48,990 businesses. The response rate reached 75.1 percent, below the target response rate of 80 percent.

More data

Use Infoshare to access the Business Operations Survey time series

Subject category: Business
Group: Business operations survey – BUO

Definitions and metadata

Business Operations Survey – DataInfo+ details the methodology used for this release.

Business Operations Survey concepts – DataInfo+ provides the definitions of terms used in this release.

Technical enquiries

Valentine Modera
04 931 4600
[email protected]

ISSN 1178-0711

Next release

Business operations survey: 2024 will be released in March 2025.

/Stats NZ Public Release. View in full here.