Castries, Saint Lucia — As the rising cost of living places greater pressure on households across Saint Lucia and the region, one of the country’s largest private employers has stepped up with a decisive show of support for its workforce.
The Rayneau Group of Companies, led by Managing Director Rayneau Gajadhar, has announced significant salary increases ranging from 5% to 20% for its employees and subcontractors across the Caribbean. The move mirrors the Government of Saint Lucia’s recent response to economic challenges, which included salary hikes, bonuses, and tax reliefs in the 2025 Budget.
“Anything you purchase, the prices have gone up significantly,” Gajadhar acknowledged. “We see it quite timely and in keeping with government’s lead to facilitate pay increases for all our staff — not just in Saint Lucia but throughout the region.”
With a workforce of over 1,800, the Rayneau Group’s wage adjustments reflect more than financial relief — they signal a deep-rooted belief in people as the bedrock of the company’s success. “One of the most important things about the Rayneau Group is the people… without the people, we would have no business, and for that, I have to ensure they are taken care of,” Gajadhar affirmed.
The company’s employees are notably non-unionized, a distinction Gajadhar attributes to the Group’s long-standing practice of providing above-average wages and fair treatment — a model he says has fostered mutual respect and loyalty.
At a time when uncertainty defines the global economic landscape, Rayneau Group’s salary boost is not just a financial decision — it’s a statement. A statement that, even amid inflation and instability, the company remains firmly anchored in its ethos: Creating Opportunities. Building Your Future.