Sat | Apr 18, 2015

Security companies still concerned about minimum wage increase

Published:Monday | January 6, 2014

Security companies say they remain dissatisfied with how the new minimum wage which takes effect today was introduced.



Wages have increased from $5,000 to $5,600 for a 40-hour work week.



And the minimum wage for industrial security guards has also increased from $7,320.40 to $8,198.80 for a 40-hour week.



However, there are concerns about the preparedness of employers to effect the change and the impact of the increase on their budgets.



Commander George Overton, the president of the Jamaica Society for Industrial Security has expressed dissatisfaction at the short time to effect the increase since the announcement on December 17.



He says he had expected that a minimum 30-day notice period would have been given.



Overton says security companies were now faced with tough decisions and negotiations as some clients have expressed a desire to reduce the number of guards being requested.



Past-president of the Micro, Small and Medium-sized Enterprises Alliance, Professor Rosalea Hamilton, says businesses will have to make adjustments, including staff cuts in some cases, to accommodate the increased cost.



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