Jamaica plans 10.7 percent hike in minimum wageStaff writer ▼ | January 22, 2016
The Jamaican government plans to increase the national minimum wage by 10.7% starting March 1, if the parliament approves the bill by Labor and Social Security Minister Fenton Ferguson.
Wages A bill by Labor and Social Security Minister
“As a government, we have taken into consideration the lived experiences of those at the lower level of the society, which explains why the proposed adjustment to the national minimum wage constitutes a 10.71 percent increase,” Fenton said.
The new legislation was drafted after taking note of four factors: the current state of the economy; higher utility rates and transportation costs; the memorandum of understanding between the government and trade unions; and the government’s economic recovery plan. ■