Curacao recently announced an increase in its minimum wage. The government ministry explained that the increase is in line with the 2020 Mininum Hourly Wage Indexation Regulations. This means that in 2018, the minimum wage was $9.37, and it will rise to $9.62 in 2020. For the moment, the minimum wage is still too low for many people, but that will soon change. Here are some tips to increase your minimum wage in the Netherlands Antilles.
SP wants minimum wage of 14 euros per hour
In February 2018, the Board of Directors unanimously approved the increase to 14 euros per hour for the lowest paid workers. This raise will bring up the wages of people on benefits and state pensions. This increase is part of the SP’s campaign to improve living standards for all people. However, this campaign will not be successful unless the other political parties also support the increase. Let’s see how it will work.
Voor 14, a trade union platform in the Netherlands Antilles, has intensified its campaign for a EUR 14 hourly minimum wage in the country. They have called on all parties to endorse this demand in their election manifesto. The Dutch Federation of Trade Unions (NVV) and the New Communist Party of Netherlands (NPV) have also shown their support for the workers’ cause to increase the minimum wage.
Public finances are in a precarious situation
Aruba and the Netherlands Antilles rely heavily on the collection of income tax and port dues. However, their economies are narrowly focused and rely on invisible revenues such as offshore financial services and tourism to cover a large trade deficit. The Dutch government has attempted to stimulate business by lowering corporate tax rates and raising the personal tax threshold to US$600. However, this has resulted in a persistent trade deficit that has become more difficult to manage. As a result, the country’s economy has deteriorated and its debt has reached crisis proportions.
The Second Chamber of the Dutch parliament is calling for the strict supervision of public finances in the Netherlands Antilles. ALM faces a substantial staff cutback and is expected to face a thirty-percent reduction in workforce. Deregulation has exacerbated social stress and widened the gap between those who benefit from the country’s economy. While emigration has helped diffuse some tension, it is hardly a long-term solution for the Antilles. Meanwhile, emigration does not solve the economic and social problems facing Antilleans in the Netherlands. Despite lauding the current government, Bosman said that there were serious concerns about its dividend policy and limited transparency of government-owned companies.
Equal pay for equal work between men and women
According to the Netherlands’ second and third emancipation reports, gender parity is still a long way from a reality. The Netherlands’ women’s labour participation rate is still only 52 per cent, far below the international average. One reason could be social norms. In the Netherlands, men receive two paid paternity days while women receive just two. As a result, the Netherlands has lagging behind many other countries.
The Netherlands has made progress toward gender parity. It has implemented a number of policies aimed at making gender equality the norm. First-level measures aim to make gender parity formal. The Netherlands was on track to reach this goal when the previous report was released, and authorities have continued to improve legislation and remove remaining inequalities. The country is on the right track to reach equality through legislation, case law, and supporting policy.
Funds received for poverty alleviation
The Netherlands has received funds for poverty alleviation in the past, and the money has been used to build social housing, but the country has not set a specific poverty line. The government has a permanent committee that deals with issues of foreigners in the Netherlands. It also provides disaster relief to everyone, including refugees. The government also subsidises the work of a foundation that provides foster care to low-income families.
The Dutch government is addressing the problems of the poor in the islands, with some new policies and programs to help the population. One of the plans is to improve the living conditions for low-income residents in the islands of Saba, Statia, and Bonaire. The plans are based on a benchmark study commissioned by the government. The Bureau Regioplan report, presented to the Dutch Parliament on Friday, found that poverty is a major issue in the islands. The report calls for concrete actions to combat this situation and improve employment.