LABOUR COSTS 

LABOUR FORCE CONTEXT

 

Population (1,000s latest census) 1

170

Potential Labour Force, age 15-59

90

Unpaid/underemployed labour force (%) 2

 

male

57

female

84

 

 

Quality of Local Labour Force 3

 

Adult literacy rate (%)

98

Enrolment rate secondary schools (%)

50

 

 

LABOUR FORCE CONDITIONS

 

Legislated hourly minimum wage (1999)  ST$

$ 1.40

Average Wage Rates ($per hour) 4

 

Managerial  ST$

$25 

Supervisory  ST$

 $10

Skilled  ST$

 $5

Semi Skilled  ST$

 $2.50

Unskilled  ST$

 $1.40

 

 

Normal number of hours work per week

40

No. paid statutory holidays per year

12

 

 

National Provident Fund

 

Compulsory?

Yes

Employers’ Contribution (%)

5

Employees’ Contribution (%)

5

 

 

Accident Compensation Fund

 

Compulsory?

Yes

Employers’ Contribution (%)

1

 

 

 

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