General News of Tuesday, 30 April 2013

Source: Joy Online

Daily minimum wage now GHc5.24

The daily minimum wage is now pegged at GHc5.24. It has been increased by 17 per cent from GHc4.48 by the National Tripartite Committee (NTC) at the consultation of its 2013 national daily minimum wage meeting on April 30, 2013.

It takes effect from May 1, 2013.

This was contained in a communiqué jointly signed by the Minister of Employment and Labour Relations, Nii Armah Ashietey for government, the Chief Executive Officer of the Ghana Employers Association (GEA), Alex Frimpong for the President of GEA and General Secretary of the Trades Union Congress (TUC), Kofi Asamoah for Organised labour.

“Any establishment, institution or organisation whose daily minimum wage is below the new national daily minimum wage should adjust its wages upward accordingly,” it said.

It said the committee had recommended that the new wages should be tax exempt.

The NTC reiterated its commitment to the improvement of incomes and productivity in both the public and private sectors.