Minimum Wage in Saint Kitts And Nevis

The last time the minimum wage in St. Kitts and Nevis was increased was November 2014. Since then, the minimum wage has stayed the same. However, the Government has announced a 10 percent increase for its civil servants. So, is it worth a move to Saint Kitts and Nevis? Probably. And, if you’re thinking about moving here, it might be a good time to take advantage of the low minimum wage.

Public sector employees earn 14% more than private sector counterparts

According to the Bureau of Labor Statistics, public sector employees in Saint Kitts and Nevises earn an average salary of $51,840 a year, more than their private sector counterparts do. This difference is even more pronounced among low-paying employees. For instance, food preparation workers make an average annual salary of $23,630 in the private sector and only $18,810 in the public sector. On the other hand, many high-paying jobs pay more in the private sector, such as lawyers, who make an average annual salary of $101,270 compared to $138,950 in the public sector. Doctors in Saint Kitts and Nevis earn an average of $160,080 in government institutions and $294,660 at private hospitals.

The government has shut its borders and implemented other measures to limit the spread of COVID-19. In June, the Four Seasons hotel retained most of its employees and employed 80% of its workforce. However, the average monthly salary for the public sector was 14% higher than that of its private sector counterparts, as the government covered almost all health insurance premiums for its employees.

Government offers 10 percent wage increase to civil servants

St. Kitts and Nevis is one of the Caribbean islands that have been offering public sector employees a 10-percent pay increase in recent months. The increase is for all categories of civil servants, including pensioners and STEP workers. According to the Minister of Finance, Dr. Timothy Harris, the move will help increase the salaries of public employees. He said the government has made progress in regularizing step workers, and that he will be able to offer a 10 percent wage increase for civil servants in the near future.

The government has approved an amended budget for 2020, which includes more money for the healthcare sector and three supporting programs. The government has also extended salary subsidies for businesses for three months. The amendments will allow the government to continue providing these benefits until December 2020. In addition, the government has reduced many expenditures, including wages and goods and services. However, this won’t help to reduce the nation’s overall wage bill.

Minimum wage is highest in Caribbean

The Jamaican government has just announced an increase in its minimum wage by almost 30 percent, but many locals see this as a drop in the ocean. Inflation is a major concern for countries around the world and the minimum wage is no exception. Jamaica’s minimum wage was last raised 12.9 percent on Emancipation Day. The exchange rate is currently hovering at J$155 to the US dollar. The minimum wage now amounts to about USD$58 per week.

The minimum wage in Barbados is BDS$6.25 an hour for shop assistants and household domestics. The Ministry of Labor recommends BDS$6.25 for all industry workers. The minimum wage in Barbados was last revised on 1-Mar-2012, and is higher than the national average. Barbados is a small island nation in the Caribbean with a population of around 270,000 and an average life span of 73 years.

The minimum wage in the U.S. Virgin Islands is $5.15 per hour, higher than the minimum wage in the neighboring Caribbean islands. Virgin Island residents are paid premium time for working more than forty hours on the sixth and seventh consecutive days. The first 90 days of employment earn $4.25 an hour. But this is still low compared to the U.S. Virgin Islands. This is because the U.S. government supports the U.S. Virgin Islands’ economy with aid from the U.S.

In Curacao, the minimum wage earners generally live below the poverty line. This means that the minimum wage is not adequate for a common household to sustain themselves. To counter this situation, the authors developed a formula for calculating a living wage in Jamaica. They determined that the living wage is 27% higher than the minimum wage, and then discussed whether the living wage is feasible and what issues might hinder its implementation in the island.

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