Get Updates Regularly on Telegram

2023 Salary Based Pay Negotiations concluded, Effective Date confirmed

 


Base pay negotiation for the year, 2023 has being difficult to come into terms by the two parties involved (Government and Organized Labour) as it started last year.

Series of meetings were arranged between these parties, but yielded no results because the Organized Labour (Government) were not ready to accept the Public Sector Workers' proposed percentage (60% and later 58%) neither were the Public Sector Workers also ready to accept the Organized Labours' offer (8% and later 18%).

Finally, agreement was reached after a meeting held today January 12, 2023 after organized labour honoured the invitation by Fair Wages and Salaries Commission to continue with the deliberation on the base pay.

Present at the meeting were the Minister for Employment and Labour Relations with his Deputy, the Deputy Minister of Finance, and her team and Chief Executive Officer for the Fair Wages and Commission.

The Minister for Employment opened the meeting and informed the house that government was ready to offer 25% and labour also revised it position from 50% to 35%.

After several hours, the government side moved to 27% which was rejected by labour and labour also moved down to 30% which was finally agreed and concluded.

The effective date for the implementation for the 2023 Base Pay shall be 1st January, 2023.


JOIN OUR TELEGRAM CHANNEL FOR MORE UPGATES
Tags

Post a Comment

0 Comments
* Please Don't Spam Here. All the Comments are Reviewed by Admin.
Contact Us