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PMU and NIB Sign 5 Year Industrial Agreement Favorable for 155 Managers

PMU and NIB Sign 5 Year Industrial Agreement Favorable for 155 Managers

8/29/2022 12:57:55 PM
   
   
   
 
 (L-R) Claude Hanna, NIB Labor Consultant, Stephen Fountain, PMU Lead Negotiator, Trevor Brice, PMU 2 nd Vice President, Philippa Moss, PMU 1 st Vice President, Dwight Grant, PMU Trustee, Ruth Nottage, PMU Treasurer, Nekera Braynen, PMU Trustee, Dana Knowles, PMU Secretary General, Philip McKenzie, NIB Chairman, Cassandra Lewis, PMU President, Myles LaRoda, Minister of State in the Office of the Prime Minister, Sonia Gill, NIB Director, Theofanis Cochinamogulos, NIB Deputy Chairman, Daniel Thompson, NIB Board Member, Sherelle Saunders, NIB Deputy Director Talent Management and Capacity Development Department, Heather Maynard, NIB Legal Officer.
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IMPACT OF MINIMUM WAGE ON NATIONAL INSURANCE CONTRIBUTIONS
The Government of The Bahamas has announced that there will be an increase in the Minimum Wage effective August 15, 2015. In this regard, the National Insurance Board advises employers that for all workers impacted by the change in the minimum wage, there will be a corresponding increase in contribution payments for the month of August and thereafter.