Thursday, February 6, 2014

The Minimum Wage Issue – Why the Delay?

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9 comments:

Anonymous said...

minimum wage have to many ms. in the spelling, that the reason it will stay at its minimum, @??????

February 6, 2014 at 2:43 PM
Anonymous said...

Who said that the IMF wants a Minimum Wage Regime in Saint Lucia?

February 6, 2014 at 2:51 PM
Anonymous said...

who said so?
magic jack of-course!!

February 6, 2014 at 3:08 PM
Anonymous said...

the silence of the unions on this matter:
try to find out where all the money go from there members.

February 7, 2014 at 5:43 AM
Anonymous said...

The unions are in the back pockets of the Minister of Finance and the PM. Where they go he goes? Ooups!

Pardon. Sorry. Sorry! Sorry, I telling you! Where he goes, they go. Can you see their liickle heads popping out from the back? Fart smellers.

February 7, 2014 at 6:29 AM
Anonymous said...

@ 6:29 AM

YOU ARE THE FART FROM THE PM'S AZZZZZZZZZZZZZ!,LOL

FARTY ------POOP-PO-----BAMBAM---SNEEZING.

February 7, 2014 at 10:54 AM
Anonymous said...

Its high time this was established. If you google minimum wages you will see St.Lucia is listed at $300 EC per month.
Sad

February 7, 2014 at 1:38 PM
Anonymous said...

10:54, like you know the environment all too well, farrt-schmeller!

February 7, 2014 at 7:58 PM
Anonymous said...

Minimum wage discussions without SERIOUS considerations and STUDY of OUR own COST OF LIVING (based on a very representative "basket of goods"), is simply shooting in the dark.

There is no evidence that either the past, nor the current administration (best effort included) is equipped with the HARD DATA to derive the business intelligence (the critical information set) to arrive at a realistic wage-earner's floor (a minimum wage without severe needs deprivation) today. Not with the rippling effects of the VAT-induced near 15% inflation rate.

There is not yet enough reliable evidence or study of the economic instability introduced by this economic measure. Neither is there any that indicates that this economy has sufficiently stabilized, and that economic adjustments are beginning to hold to a steady-state.

Moreover, it is very misleading to say the least, and can be even more destabilizing to use or reference as benchmarks, figures taken from other developing and even other CARICOM countries -- as is our wont (the political directorate especially). (It's like drunken persons having lost their keys on the dark side of street, go on to search for those very same keys under the lamppost nearby, because that is the place where there is any light to see -- anything at all. After all, left to them, they are convinced; that's the right thing to do.)

The cost (tax) structures (margins in the final prices to consumers/end-users) in our own economy, and the Cost-of-Living Adjustments (Allowances) will always be, or will have to be different from those used in these other countries, in the calculus, in order to arrive at an equitable (fair and meaningful) minimum wage rate.

February 8, 2014 at 8:53 AM

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