Recruitment service welcomes positive impact of minimum wage increases

May 2, 2023

A regional recruitment service is pleased to learn of recent minimum wage hikes implemented by the government, looking forward to the positive impact it will have for citizens and residents.

Caribbean Employment Services Inc. is a market-leading digital talent acquisition service that aims to connect the top talent from the Caribbean with hiring managers, HR professionals and decision-makers in companies both within the Caribbean as well as abroad. Further, it aims to provide the region’s jobseekers and those who are already employed with news and resources related to Caribbean labour.

“Over the past few years, several Caribbean countries have responded to rising global inflation, despite still recovering from the pandemic,” noted Joseph Boll, Caribbean Employment CEO. “We’re pleased to see the Dominican Republic join those ranks, bumping several categories of jobs and jobs in certain free zones by as much as 20 percent.”

Boll said it speaks to the unending resilience of Caribbean economies in even the most unprecedented of economic conditions, and added that both direct and indirect jobs can benefit tremendously from the changes.

“This will help even workers earning the lowest wages to better keep up with sky-high costs, if not possibly afford a higher standard of living for themselves and their families,” said Boll. “We are looking forward to the positive spillover effects from this as well, such as possibly providing local businesses with more growth as residents may have a bit more disposable income to stimulate the economy.”

As an organization that is focused on helping Caribbean workers to thrive, Caribbean Employment is pleased when employees achieve “wins” in gainful employment, especially when the region is battling with high instances of informal employment.

“We hope to see this trend continue, where governments show they are aware of the struggles being faced by workers,” said Boll, “and where they step up to the plate to provide meaningful, permanent assistance where possible. It bodes well for workers in the region and we are eager to see similar initiatives continue.”

Spread the love