Minimum Wage Increase For 2023
| Published date | 30 November 2022 |
| Subject Matter | Employment and HR, Employee Benefits & Compensation |
| Law Firm | Envoy Global, Inc. |
| Author | Mr Jessie Butchley |
Key Points
- Bermuda will increase the country's statutory minimum wage rate to BMD 16.40 on 1 June 2023
Overview
The government of Bermuda will introduce a new statutory minimum wage rate of BMD 16.40 on 1 June 2023. The government will also introduce additional measures for performing wage checks on employers to ensure that employees are paid at a legal rate.
What are the Changes?
On 18 November 2022, the government of Bermuda announced that it will increase the minimum wage...
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