Local News

Saint Lucia’s Minimum Livable Wage Is Here!

02 October 2024
This content originally appeared on St. Lucia Times.
Promote your business with NAN

Today, October 1, 2024, marks a historically significant day for Saint Lucian workers as it sees the official implementation of the National Livable Wage.

Announced on Emancipation Day in August, this initiative will bring equitable adjustments for workers who have struggled to survive on low incomes.

This decades-long journey began in earnest in the 1930s with the start of the trade union movement in Saint Lucia.

In an address to the nation on September 30, Prime Minister and Minister for Finance Philip J. Pierre noted that this move represents a transformative day in the country’s evolution.

“On October 1, our country will take another step in its evolution by addressing the needs of workers with the establishment of a minimum livable wage of $1,131 per month, or $6.52 per hour,” the Prime Minister stated.

Concerns have been raised about potential layoffs due to this adjustment.

However, the Prime Minister sought to allay these fears in his address.

He expressed confidence that the support of labor-focused organisations would ensure the success of this change, and he urged employers to resist the temptation to dismiss employees, warning of possible drastic economic consequences.

“I am pleased to note that there was no formal objection from the Saint Lucia Chamber of Commerce, and the Saint Lucia Hospitality and Tourism Association supported the final recommendations of the Commission. This augurs well for our nation’s development when employers are sufficiently socially conscious to stand in solidarity with lower-income workers,” Pierre said.

“I implore employers to strengthen this solidarity by resisting any efforts to reduce staffing levels. What may appear to be cost savings for individual businesses could ultimately result in greater costs at the national level, leading to false savings,” the PM stated.

Pierre thanked those who made the National Livable Wage a reality.

“As a country, we need to improve our productivity if we are to remain competitive globally. This is the sure and sustainable way to grow the Saint Lucian economy in the long run. I want to take this opportunity to thank Minister of Labour Dr. Virginia Albert-Poyotte, the staff of the Ministry of Labour, and members of the Commission for their dedicated work since the Commission’s appointment on August 4, 2022,” he said.