Concern over minimum wage increase

The Human Resource Management Association of Barbados (HRMAB) has voiced concern over the Government’s recently announced minimum wage increase, warning of its potential impact on employers, particularly small and medium-sized businesses.

Effective today, the national minimum wage will increase from $8.50 to $10.50 per hour with security officers set for a rise in their sectoral minimum wage to $11.43 per hour. The change represents a 23.5 per cent increase in the base wage for thousands of workers.