Does the minimum wage hike go too far - or not far enough? | Business

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Does the minimum wage hike go too far - or not far enough? | News24_Business

Government's proposal to hike the national minimum wage by up to 8.4% was criticised by an employer organisation – while unions believe it is not aggressive enough.

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_Business Everyone wants their increase. For smaller businesses it is a killer. Unemployment and bankruptcy will have that effect due to wage hikes. It’s a tough one

_Business The minimum wage increase is fine if the employer also gets that percentage increase in their own jobs or the economy is thriving. When this not the case many will lose jobs. Government must stop grand gestures with no thought.

_Business Then the minimum wage hike must also apply for State workers .Why is the Private Sector been made to pay this hike and government gives 3 percent ?What's the difference?

_Business There are no jobs...so what

_Business 1500 food 500 transport500 lunch,school transport 800 then Klaar

_Business That 3000 it all goes to transport

_Business minimum wages produces fewer jobs. It's not a positive for any economy. Competition in the market place and skills are what wages should be based on. That and a few other things.

_Business Too far

_Business Fanning the fires of inflation.

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