In a bid to uplift the monetary well-being of its workforce, the Authorities of St. Vincent & The Grenadines is actively contemplating a considerable 20 per cent increment within the minimal wage.
This proposed measure goals to make sure that no employee within the nation earns lower than EC$50 every day.
Enhanced maternity go away advantages on the horizon
Moreover, the Ralph Gonsalves administration is eager on extending the period of paid maternity go away.
This step is poised to offer larger assist to working moms, fostering improved work-life steadiness.
Addressing wage disparities within the Caribbean
This wage assessment aligns with the findings of the Caribbean Society for Human Useful resource Professionals, as reported in November final 12 months.
Their report make clear the stark actuality that staff in St. Vincent & The Grenadines had been among the many lowest-paid within the Caribbean.
A staggering 73.3 per cent of staff had been discovered to earn salaries beneath the typical market worth noticed throughout the broader area.
Anticipated challenges and authorities resolve
Prime Minister Ralph Gonsalves anticipates potential resistance from sure employers as the federal government strikes ahead with these progressive reforms.
Nonetheless, he underscores that the Cupboard stands united in its assist for these measures, highlighting the significance of this subject to the nation’s socio-economic material.
With expectations excessive, Prime Minister Gonsalves has assured the general public {that a} vital announcement will likely be made in the course of the forthcoming funds debate scheduled for subsequent week.
