Monday, October 11, 2010
minimum wage in Micronesia?: micronesia wage
minimum wage in Micronesia?: micronesia wage: "After ten years and three increases Guam minimum wage is currently $7.25, what is on you island? Of your income, how much do you have to ..."
micronesia wage
After ten years and three increases Guam minimum wage is currently $7.25, what is on you island? Of your income, how much do you have to contribute to household? (power, water etc..) CNMI is presently $5.05. An increase of .50 cents was suppose to kick in in Sept. 2010, but Obama OK delayed due to CNMI's present economic crisis. But beginning 2011, it will be $5.55 then adding another .50 cents annually until it reaches US Federal Minimum Wage of $7.25.
In Pohnpei, the capital of FSM, and looking at this issue from the poor dropout fella who got picked up to do general labor in a contract with the government and whose supervisor is from outside, he's likely to take home between $65 to $85 dollars and was told that income tax absorb the rest of his pennies. At the national government, the representatives are making between $34K - $35K annually and plus their state delegation allowances, committee allowances, regular and special meeting allowances and other allowances, they are sitting on over $90K-$110K annually and these allowances are non-tax deductible.
Now, do they care that many folks are below the minimum wage? Not really to tell the truth! Pohnpei has $1.35 p/hr minimum and last I heard they're working on increasing that to $2.75 p/hr, while Kosrae was working on a $3.00 p/hr. Yas is still with the $0.85p/hr. Chuuk was still working on its minimum salary scale, but I heard some employees still making the rate similar to Yap.
Almost all countries in the world have adjusted their salaries since 9/11 and the financial melt down. We've had our financial freeze point since 1997 and while most of the glaciers in the world are thawing up, our freeze still stay intact.
In Pohnpei, the capital of FSM, and looking at this issue from the poor dropout fella who got picked up to do general labor in a contract with the government and whose supervisor is from outside, he's likely to take home between $65 to $85 dollars and was told that income tax absorb the rest of his pennies. At the national government, the representatives are making between $34K - $35K annually and plus their state delegation allowances, committee allowances, regular and special meeting allowances and other allowances, they are sitting on over $90K-$110K annually and these allowances are non-tax deductible.
Now, do they care that many folks are below the minimum wage? Not really to tell the truth! Pohnpei has $1.35 p/hr minimum and last I heard they're working on increasing that to $2.75 p/hr, while Kosrae was working on a $3.00 p/hr. Yas is still with the $0.85p/hr. Chuuk was still working on its minimum salary scale, but I heard some employees still making the rate similar to Yap.
Almost all countries in the world have adjusted their salaries since 9/11 and the financial melt down. We've had our financial freeze point since 1997 and while most of the glaciers in the world are thawing up, our freeze still stay intact.
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