Haiti hikes minimum wage by 54% from 500 HTG ($4.81)/day to 770 HTG ($7.41)/day (cost, country)
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It means little when most of the employed workforce are informal where labor laws, including the minimum wage, aren't followed. Plus, even in the formal sector those earning the minimum wage is actually a minority. But that's the case everywhere, not just in Haiti.
The government would do much more help in focusing on reducing informality in the economy and encouraging the creation of more formal jobs. This is easier said than done, but that is the only way. Be more open and receptive to foreign investments, because the local upper class is too small to make a real difference in the long term development of the country. This too is general of all most developing countries, not just Haiti. However, giving how big the issues are in Haiti, this is on the more difficult side but it has to be done for the simple reason that is the only way.
Haiti has higher minimum wage than the US now? That seems pretty odd given what I assume is a large cost of living differential.
The federal minimum wage in the US is $7.25/hour. In Haiti it is $7.41/day. Also, the vast majority of people in the U.S. make much higher than the federal minimum wage. About half of the states in America have minimum wages that are higher than the federal minimum wage.
The federal minimum wage in the US is $7.25/hour. In Haiti it is $7.41/day. Also, the vast majority of people in the U.S. make much higher than the federal minimum wage. About half of the states in America have minimum wages that are higher than the federal minimum wage.
Ah, that makes a *lot* more sense now as I glossed over the denominator
Ah, that makes a *lot* more sense now as I glossed over the denominator
In addition most Haitians will not be covered as they arent in the formal labor pool, so over to Dom Rep they go to earn a "decent" living on the streets of Dominican cities.
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