Government set to announce new minimum wage rates
The Government is today expected to announce an increase in the national minimum wage and the minimum wage for industrial security guards.
The announcement is expected to be made by the Labour and Social Security Minister, Dr Fenton Ferguson, in the House of Representatives this afternoon.
last year, a Commission was set up by the government to look into the issue.
After several proposals and islandwide consultations, the commission submitted its report to the labour ministry last September.
At that time, commission chairman, Silvera Castro, said he did not expect the proposed increases would raise concern among employers.
In January 2014, the National Minimum Wage was increased from $5,000 to $5,600 for a 40-hour work week.
The Minimum Wage for Industrial Security Guards was also increased, moving from $7,320.40 to $8,198.80 per 40-hour work week.