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Minister Ottley to request the Council of Ministers to approve the indexation of the hourly minimum wage.

April 4, 2022

Minister Ottley to request the Council of Ministers to approve the indexation of the hourly minimum wage.
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PHILIPSBURG:--- The Minister of VSA found it necessary to index the minimum hourly wage for the periods 2017, 2018, 2019, and 2021. This decision was based on the fact that the Consumer Price Index (CPI) has increased over those years without the minimum hourly wage being adapted accordingly. This long-standing loss of purchasing power has affected particularly those workers earning the minimum wage, who have been struggling to keep up with the rising costs of living.
Prior to taking this decision, the Minister requested and received advice from the SER on the matter. Minister Ottley has signed off the advice ...


To read more: https://www.smn-news.com/index.php/st-maarten-st-martin-news/40063-minister-ottley-to-request-the-council-of-ministers-to-approve-the-indexation-of-the-hourly-minimum-wage.html

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Source: https://www.smn-news.com/index.php/st-maarten-st-martin-news/40063-minister-ottley-to-request-the-council-of-ministers-to-approve-the-indexation-of-the-hourly-minimum-wage.html

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