‘Emancipation Day 2024 Unlocks Financial Freedoms For Saint Lucians’

August 1, 2024, marked a seminal moment and a new beginning for Saint Lucian workers and pensioners. Minimum Wage, Maximum Impact Building on the tenets of the late Sir George F. L. Charles, whose life’s work and commitment to working-class Saint Lucians led to historic legislative reforms, the people-first policy actions implemented by Prime Minister Hon. Philip J. Pierre and the Government of Saint Lucia are extending on that great legacy. The minimum wage milestone was guided by the Minimum and Livable Wages Commission (The Commission), established in 2022 under this administration. The Commission, together with local private sector leaders and employers, held consultations to determine the initial minimum wage rates. Subsequently, the minimum wage has been revised to $1130 monthly, or $52.00 daily or $6.52 hourly. The new minimum wage will increase the salaries of nearly 13,000 people. Each of these individuals will be financially better off than before Prime Minister Pierre came to Office. On August 1, 2024, the country’s first-ever minimum liveable wage legally came into effect. Effective October 1, 2024, eligible employees can look forward to a change in their salaries. The new minimum liveable wage will ensure no worker in Saint Lucia makes less than...