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A pay threshold for workers in Bermuda is essentially just a sticking plaster on a wider issue, an Opposition MP claimed last night. Leah Scott said: “A minimum wage, at its core, is just a Band-Aid to a greater symptom. “And we have to fix that g...

A living wage mandated by law could be the “single biggest move” to reduce violence and exploitation on the island, a social campaigner said yesterday. Sheelagh Cooper, chairwoman of Habitat for Humanity of Bermuda, said she hoped the introduction of...

Well, isn’t that rich? No pun intended. Nathan Kowalski, reported financial expert at Anchor Investment Management, has fired the first salvo against minimum wages in stating “a lot of work needs to be done”. Make no mistake about it, he is in code l...

Hoteliers, retailers and restaurateurs need the chance to raise concerns about the introduction of minimum and living wages “sooner rather than later”, a finance expert warned yesterday. Nathan Kowalski, chief financial officer at Anchor Investment M...

Some of Bermuda’s lowest-paid workers could triple their wages within three years after a national living wage is introduced. Economic experts, union officials and employers should decide on the living wage, to be implemented by 2021, according to a ...

Census results have confirmed a wage gap based on race, a Cabinet member told MPs. Lovitta Foggo, the Minister of Government Reform, said that income differences had not levelled out and that legislation requiring equal pay for equal work had “limi...

There has been a lot of discussion recently about pensions. Trust me, there will be a lot more in the future. Most government pension systems are no more than a Ponzi scheme — a promise of money at a future time in exchange for payment today. You are...

The Bermuda Union of Teachers has voted to accept a 2.5 per cent pay rise. BUT president Shannon James said union members met this week and voted unanimously to accept the offer from Government. Mr James said: “For five years, our members have not h...

Bermuda’s seniors are due a pensions boost after Parliament approved a rate increase. The rise, which will come into force next month, was welcomed last night by Charles Jeffers, deputy chairman of Age Concern. Mr Jeffers said: “I’m sure every senior...

Bermudians are, by and large, an independent, canny and resourceful people. In many ways we have long embodied what Theodore Roosevelt meant when he said that “far and away the best prize that life has to offer is the chance to work hard at work wor...

Throughout the world, in states, cities and countries, a conversation continues to revolve around the social concept of a living wage or a definition of the minimum income necessary for a worker to meet their basic needs. This conversation has gathe...

Monthly pension payments this week will be paid early due to the threat from Hurricane Jose. Benefits paid via direct deposit will be available today, at HSBC at noon, and at BNTB at 9am. Pension cheques will be delivered by mail tomorrow. The Depar...