Business News of Friday, 4 June 2021Source: 3news.comThe Chief Executive Officer of the Fair Wages and Salaries Commission, (FWSC) Dr. Edward kwapong has admitted that, the 6% increase in wages may not be adequate but workers should bear with the commission as it expects a rebound of the economy to turn things around. The commission says it took into consideration the sustainability of jobs to prevent mass redundancies. The National Tripartite Committee made up of employers, organized labour and government increased the minimum wage from 11.82 % in 2020 to 12.53 %. The committee also negotiated for the 2022 salaries which is pegged at 13.53 % and takes effect on 1st January, 2021. Dr. Kwapong said “We took into consideration the constraints of all the partners to prevent tension.

Source: GhanaWeb June 04, 2021 14:26 UTC