Amar Deerpalsingh: “a new salary increase could be fatal for many small businesses”

1 year, 10 months ago - March 26, 2024
Salary increase could be fatal for many SMB
François de Grivel: “the weight of salary costs is becoming unsustainable for many companies”

Amar Deerpalsingh: “a new salary increase could be fatal for many small businesses”

This week will be crucial for many small and medium-sized businesses, says Amar Deerpalsingh. The report on Salary Relativity to be made public by the Minister of Labor could contain recommendations for salary increases that many small and medium-sized businesses will not be able to implement, fears the spokesperson for this sector.

Amar Deerpalsingh adds that many are already fighting for their survival since the salary increases in January.  

He also discusses the difficulties that companies encounter when dealing with their customers, both local and international.  

François de Grivel: “the weight of salary costs is becoming unsustainable for many companies”

Salary compensation and increase in the minimum wage in January, and now the salary readjustment of certain categories of employees. The weight of wage costs is becoming untenable for many export companies, warns industrialist François de Grivel.

He requests consultations before the entry into force of the report on Salary Relativity, a report expected this last week of March. 

Text by Radio One

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