What is the difference between salary band/wage grid and minimum wage?
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The Salary band/wage grid is a range of Salary Points representing the basic monthly salary allocated to a post. The salary band was introduced for employees in the public service. Minimum wage is for the Private Sector.
The monthly minimum wage is obtained by applying the following formula with the hourly rate prescribed by the Government:
Minimum monthly salary = [(hourly rate) × 52 × (weekly working hours )] ÷ 12
Currently, the minimum wage is SR33.30 per hour, as of April 2016.
Source: Government of Seychelles