As promised, Cayman Islands civil servants will be receiving a 3.2 per cent cost of living pay raise which is scheduled to appear on the 24 July government paycheques.
Civil servants will also receive a 3.2 per cent increase back-dated for the entire fiscal year, from 1 July, 2007 through 30 June, 2008.
Deputy Head of the Civil Service Peter Gough said civil servants in all departments and portfolios will receive that back-dated pay rise in full by the end of August.
‘The civil service is very happy they’re getting this pay increase,’ Mr. Gough said.
The Cayman Islands Civil Service Association also applauded the pay increase.
‘Civil servants, like all Caymanians, are experiencing the economic pinch of escalating fuel cost which is impacting everything,’ Association President James Watler said. ‘This small gesture to help ease our pain is certainly most welcome.’
Here’s how it works for someone making a $40,000 a year salary: 3.2 per cent of that yearly salary comes out to $1,280. So, the civil servant making that salary will either receive it in part on this month’s paycheque and part of it next month, or all of it in August.
All back-dated pay received will be in addition to the current year’s 3.2 per cent cost of living increase. So, the $40,000-a-year salaried civil servant getting all his or her back pay in August, plus the cost-of-living increase for this year would see something like an extra $1,390 in that paycheque.
Mr. Gough had previously said the pay increase was dependent on all departments meeting their budget goals for the year. He said Thursday that all had done so, and that no one would be excluded from the pay rise.
There was no discussion of the pay increase during the Legislative Assembly’s debate of the budget in finance committee, and it’s not clear how much the pay rise will cost the government.
Leader of Government Business Kurt Tibbetts announced the pay hike during his policy address in Legislative Assembly in April, stating he hoped the additional pay would help civil servants and their families keep up with the rising cost of living.