President of the Jamaica Employers Federation, David Wan, says the country must be careful about increasing the minimum wage to what he calls an unreasonably high figure.
Mr. Wan says having a minimum wage that’s too high, could lead to unintended consequences.
Among them he says, could be the loss of jobs.
Hykel Nunes reports.
Effective April 1, Jamaica’s minimum wage will move from $7,000 to $9,000 per week.
However, there are calls to increase it. But Mr. Wan is warning against such a move.
Wan says the unintended consequences could outweigh the benefits of making the minimum wage higher.
Meanwhile Mr. Wan says geographic location, will also play a major role in how employees respond to employers and wages.
