In line with section 113 (1)(a) of the Labour Act, 2003 (Act 651), the National Tripartite Committee (NTC) has finally concluded negotiations with it's component organisations to increase the minimum wage for 2021 and that of 2022 in a letter signed and issued on Thursday, June 3.
According to the letter signed by the Minister of Employment and Labour Relations representing Gov't, Hon Ignatius Baffour Awuah, the President of the Ghana Employers Association representing employers, Mr Daniel Acheampong, and the General Secretary of the Trade Unions Congress (TUC) representing workers or employees, Dr Anthony Yaw Baah, the increment is to take effect today, June 4 and January 1, 2022 respectively.
Details of the minimum wage and salary increment include the following figures. The National Daily Minimum Wage (NDMW) for 2021 has increased by 6 percent, thus from the current GH¢11.82 to GH¢12.53 and the NDMW go 2022 has seen an 8 percent increment, thus from GH¢12.53 to GH¢13.53.
According to the statement, the increment became necessary as the NTC has been making efforts to combat the hard hit of the coronavirus pandemic on the national economy and individual workers. This is therefore to mitigate the recent high cost of living in Ghana and the general fall of standard of living cause chiefly by covid-19.
"The NTC also wishes to reiterate that it is committed to strengthening social partnership, Industrial peace, and the improvement of incomes and productivity both in the public as well as the private sectors of the economy," the two paged document said.
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