Cayman Islands Premier Juliana O’Connor-Connolly introduced on Friday that public sector workers will obtain a US $2,000 Christmas bonus, a gesture geared toward easing monetary pressures through the vacation season. Talking on an area radio station, O’Connor-Connolly confirmed that the federal government is able to make this one-off fee.
The bonuses are anticipated to price the federal government a further $9.7 million, and are a part of a broader bundle that features a 5 % price of residing allowance within the New Yr. The federal government’s goal is to make sure that civil servants have a minimal wage of US $3,000 per 30 days. This monetary increase is seen as a strategy to help public sector employees amid rising residing prices.
The premier added that the federal government can be planning to provide pensioners a bonus.
“Santa Claus is not going to skip them over,” she stated, and there shall be “one thing of their chimneys.”
The bonus is being prolonged to public sector workers in statutory authorities and authorities corporations as properly, however the premier stated that they might want to discover the cash from their very own budgets.
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She stated the broader payout of $10 million will come out of the prevailing authorities’s working price range and won’t require additional funding.