New minimum wage takes effect today
Recently announced increases in the National Minimum Wage and the Minimum Wage for Industrial Security Guards are to come into effect tomorrow.
The National Minimum Wage will be increased from $5,600 to $6,200 per 40 hour work week.
As a result, the new hourly rate for the National Minimum Wage is $155; the Time-and-Half rate is $232.50, and the Double Time rate will be increased to $310.
The Minimum Wage for Industrial Security Guards will be increased from $204.97 per hour for a 40 hour work week or $8,198 weekly to $221.35 per hour for a 40 hour work week or $8,854 weekly.
For Security Guards, the Time-and-a-Half rate will be increased to $332.03 while the Double Time rate is now $4,042.70.