Minimum Wage Increases to $5,000

The national minimum wage will be increased from $4,500 to $5,000 per 40-hour work week as of Monday, September 3, 2012.

Labour of Social Security Minister, Hon. Derrick Kellier, made the announcement on July 25, during his contribution to the 2012/13 Sectoral Debate in Gordon House.

 He said the 11 per cent increase is as a result of recommendations from the Minimum Wage Advisory Commission.

Also, effective September 3, the minimum wage for industrial security guards, which is now $6,655, will be increased to $7, 320.50 per 40- hour work week, representing an increase of 10 per cent.

 “This is evidence of our attempt at improving the capacity for productivity improvement of our workers in all categories, and for creating the space for decent work and social protection,” the Minister said.

Providing a breakdown of the new rates for industrial security guards, the Minister informed that their laundry allowance will be increased from $30.25 to$ 33.30 per hour; firearm allowance will be raised to $36.60 per hour, up from $33.28; and dog holder’s allowance will be increased from $22.39 to $24.63 per hour. Life insurance remains at $2 million double indemnity.

Mr. Kellier went on to thank all the stakeholders in the public and private sectors, as well as the individuals and interest groups, who took the time to make submissions to the Minimum Wage Advisory Commission.