NORTHERN CARIBBEAN UNIVERSITY

College of Business Administration and Hospitality Management Department of Business Administration Assignment

Presented to Mrs. Leena Thyagaraj BSAD489: Ethics and Values in Business Section A

Submitted by Roxanne Quailo Id#28090150 Date March 14, 2013

1. Workers Wage Worker's wage is anonymously the mean salary of a group of workers. This measure is often monitored and used by government or other organisations as a benchmark for the wage level of individual workers in an industry, area or country.

2. Minimum Wage for Jamaica Jamaica's Minimum Wage is the lowest amount a worker can be legally paid for his work. Most countries have a nation-wide minimum wage that all workers must be paid. The Jamaica minimum wage is J$3,700 per week for all workers except private security guards, whose minimum wage is J$5,500 per week.

3. Living Wage A living wage or subsistence wage is the minimum income necessary for a worker to meet basic needs, for an extended period of time or for a lifetime. These needs include shelter, and other incidentals such as clothing and nutrition.