Sat | Aug 19, 2017

New minimum wage takes effect today

Published:Tuesday | March 1, 2016 | 3:34 AM

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.