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GPSU gives mixed reaction to new minimum wage

May 12, 2013 News

 

In the same breath deeming the new minimum wage of $35,000 monthly for full-time employees outside the Public Sector insufficient, the Guyana Public Service Union (GPSU) has welcomed the initiative wholeheartedly.
The Union in a press release one day after Cabinet Secretary Dr. Roger Luncheon announced that the new national minimum wage would be implemented on July 1, said it wholeheartedly welcomes the introduction for the workers who are in receipt of earnings below $35,000.
According to the Union, “While in the prevailing economic environment in Guyana, this amount is neither ideal nor sufficient, this development is viewed as the most meaningful contribution to the economic wellbeing and welfare of the employed poor nationally for the last 20 years and considers it as very encouraging and commendable.”
According to Dr. Luncheon, full-time workers outside the Public Sector would be paid no less than $35,000 monthly, $8,000 weekly, or $200 (US$1) per hour.
“The new national minimum wage does indeed take into consideration other provisions some statutory… perilously close to statutory. They have been in existence and so hallowed for so long they almost become statute,” he added.
The new national minimum wage was agreed upon by Government, Labour and the Private Sector, he added.
Dr. Luncheon said that Cabinet noted that since 1977 when the Public Service minimum wage was promulgated the country did not have a national minimum wage. The Public Service minimum wage exceeds this new national minimum wage.

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