Minimum wage to increase to $4 an hour in four tranches

Minimum wage to increase to $4 an hour in four tranches
[Image: File Photo]

Minister for Economy Aiyaz Sayed-Khaiyum has announced they will increase the minimum wage to $4 an hour in four stages from its current level of $2.68.

While announcing the Revised Budget, Sayed-Khaiyum says from 1st April, 2022 the minimum wage will be starting from $3.01.

From 1st July it will start from $3.34 an hour, from 1st October it will start from $3.67 an hour while from 1st January 2023 it will be $4 an hour.

Sayed-Khaiyum further says for all the other 10 sectors, the minimum wage rate will also rise in tandem with new rates and topped up by the relative difference between the current national minimum wage rate and the sectoral wages.

He adds the current classification for the 10 sectors is decades-old and does not reflect the modern economy.

Sayed-Khaiyum says they have to recognise these shifts and align sectoral wages with market realities to ensure that people are paid just wages for the jobs they perform.

Meanwhile, for the next 3 years, the Government will provide, a 200% tax deduction to those employers who will be paying maternity leave for their staff, for the sake of the mothers of Fiji.

Click to read: 2021-2022 Revised Budget Estimates

Click to read: 2021-2022 Revised Budget Supplement

Stay tuned for the latest news on our radio stations

CFL radio frequencies
Scoreboard
Full Time
Cowboys 12–82 Roosters
Full Time
Dragons 22–28 Dolphins
Full Time
Storm 22–36 Bulldogs
8:10AM
Ireland vs Argentina
11:40PM
Italy vs South Africa
2:10AM
Scotland vs New Zealand
Full Time
Yasawa 43–15 Navosa
FULL TIME - U16 SOUTHERN ZONE
Suva Grammar 39–7 Labasa Coll.
FULL TIME - U16 SOUTHERN ZONE
Rt Simione M. 12–5 Dreketi Cent.
FULL TIME U18 SOUTHERN ZONE
Nasinu Sec 21–20 Holy Cross Coll.
Full Time
SNR Men Suva 28–26 SNR Men Ba
FULL TIME - UNDER 20
Malolo 32–24 Taveuni
FULL TIME - UNDER 20
Rewa 15–31 Naitasiri
Full Time
Suva 34–30 Ba
11:00AM
Namosi vs Macuata
Nadi vs Kadavu