- Ghanaian workers will enjoy 11% increment on their salary from January 1, 2020
- The daily minimum wage is GHC 10.65
- The Base Pay is therefore increased from GHC9.10 per day in 2019 to GHC10.19 per day in 2020
The National Daily Minimum Wage (NDMW) will be increased by 11 percent from the beginning from the year 2020.
This means the current 2019 NDMW of GHC 10.65 will increase to GHC 11.82 effective next year.
The increment is in pursuance to the Labour Act, 2003 (Act 651) section 113 (1) (a) and the Public Financial Management Act, 2016 (Act 921).
The Minister of Employment and Labour Relations urged all companies and institutions to adjust their wages according the new NDMW.
Addressing the media in Accra, Ignatius Baffour Awuah said no company should pay a Daily Minimum Wage that is below the new NDMW from 2020.
The Minister further warned that institutions that flout the new rate will not be spared and will be dealt with, according to the laws of the country.
“Any establishment, institution or organisation that flouts the new rate shall be sanctioned in accordance with the law,” Mr. Awuah said.
The decision to increase the Daily Minimum Wage was reached following a meeting by the National Tripartite Committee (NTC) on Monday, August 26.
According to the Minister, the NTC recommended that the minimum wage should be tax-exempt, adding that all the labour institutions agreed on the base pay.
Meanwhile, the Public Services Joint Standing Negotiating Committee (PSJSNC) agreed that the current Base Pay on the Single Spine Salary Structure should be increased by 12 per cent across board for the year 2020.
To this end, the Base Pay will go up from GHC9.10 per day in 2019 to GHC10.19 per day next year.
“The Government and its Social partners wish to reiterate their commitment to the improvement of incomes and productivity in both the public and private sectors of the Ghanaian economy,” the Minister added.
YEN.com.gh earlier reported that five 'Akufo-Addo boys' are aspiring to go to parliament.
The NPP, some 266 persons have been recommended to the National Executive Committee (NEC) to be cleared to contest the party’s upcoming primaries.
Faces of Ghana: Meet the IT Graduate who has Branched into Tailoring| #Yencomgh
Know someone who is extremely talented and needs recognition? Your stories and photos are always welcome. Get interactive via our Facebook page.