Governor signs minimum wage bill into law

Governor Lou Leon Guerrero (PNC file photo)

Governor Lou Leon Guerrero this afternoon signed into law a measure that will raise the minimum wage on Guam to $9.25 an hour by March 1, 2021.

She also signed into law a companion bill that extends the tax credit for an apprentice program to help train young people for jobs of the future.

The minimum wage on Guam will increase in two 50-cent increments. The first takes effect March 1 next year, raising the minimum wage to $8.75.

The second increment takes effect March 1, 2021 raising the minimum another 50 cents to $9.25 an hour.

The increase in the minimum wage will affect roughly 3,500 island residents currently earning $8.25 an hour.

All 15 Guam lawmakers voted yes on the bill which was introduced by finance committee chairman Sen. Joe San Agustin.

The governor also signed into law Sen. Regine Biscoe Lee’s Bill 128-35 extending the tax credit for the registered apprentice program for another five years.

The minimum wage increase has consistently been opposed by the Guam Chamber of Commerce which has argued that worker productivity and economic expansion should dictate an increase, not government mandates.