How to Calculate 15% Cost of Living Allowance (COLA)
After teachers embarked on Strike and various labour agitations for a 20% Cost of Living Allowance, the government of Ghana has granted a 15% Cost of Living Allowances (COLA) to cushion all public sector workers. This is due to the current socio-economic realities and global developments that are affecting the lives of ordinary Ghanaian workers in the year 2022.
Base Pay Adjustment History- Salary Increment Percentages In Ghana Since Single Spine Begun In 2009
Following ongoing strike action by teachers and other organized labour demand for Cost Of Living Allowance (COLA). This article seeks to delve into the salary histories since single spine started in 2009 to 2022. According to the compilation, the late Professor John Evans Atta-Mills instituted a 200 percent to 500 percent salary increase for public sector employees from 2009 to 2010.