The Private Sector Organisation of Jamaica (PSOJ) last week completed a “wage increase” survey on behalf of the Jamaica Observer that seeks to determine the factors affecting the ability of companies to raise employee income and the forces pushing others to meet the demand for higher employee remuneration.
The PSOJ, headquartered in the Kingston Metropolitan Area, has a membership that comprises a wide cross section of private sector companies, associations and individuals operating islandwide.
Among 49 companies which responded to the survey, 90 per cent of the sample increased the wages of existing employees. Five companies have not increased wages.