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Minimum wage commission warns against unrealistic expectations

Published:Friday | July 3, 2015 | 1:09 PM

The Minimum Wage Advisory Commission is cautioning against unrealistic expectations about an increase in the minimum wage.

The warning comes as the Commission begins the process of reviewing the National Minimum Wage and the Minimum Wage for Industrial Security Guards.

Members of the public and interested organisations are invited to submit, in writing, any comments, suggestions or proposals they may wish to make for the consideration of the Commission.

However, chairman of the commission, Silvera Castro, says the Commission will not be able to recommend the 50 or 60 per cent increase some are expecting.

He says the Commission will have to balance expectations and ensure that everybody is a winner at the end of the process.

Castro says consultations will begin in August and are expected to be completed in November.

Persons submitting recommendations may be asked to appear before the Commission in support of their written recommendations.

Recommendations should be forwarded to the Commission no later than Friday. July 31.

The minimum wage was last adjusted in January 2014 from $5,000 to 5,600 dollars per 40-hour work week and from 7 thousand 320 dollars 40 cents to 8 thousand 198 dollars and 80 centsper 40-hour work week for industrial security guards.