The 2010 budget has made provision for the implementation of the single spine salary structure.
The new scheme was to be implemented this year, but the huge deficit made it impossible for it to take effect.
Officials of the finance Ministry however tell Joy Business that the budget which will be presented to Parliament next week Wednesday has adequate allocations for the single spine salary structure.
It will be the second major labour programme that government will implement next year. The other one is the three tier pension scheme.
Meanwhile, the Tripartite Committee comprising government, employers and labour has set up a technical sub-committee to work out a new minimum wage for next year.
The sub-committee will meet on Friday and Saturday to come out with a figure which must be agreed by the entire Tripartite Committee for its inclusion in the national budget.
This is one of the few instances that the minimum wage will be thoroughly discussed and agreed on by the Tripartite Committee before the budget is presented.
Members of the sub-committee will consider certain factors including the rate of inflation, since the last review of the minimum wage as well as the general cost of living to arrive at the new minimum wage.
Source: Joy Business/Myjoyonline.com/Ghana
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Commissioner of Customs embarks on strategic working visit
3 minutes -
BoG expects single digit inflation to be achieved before end of 2025
17 minutes -
Standard Chartered hosts economic round table
26 minutes -
Sierra Leone turns to GoldBod model to curb smuggling, boost revenue
38 minutes -
From Bibiani to Africa: GoldStars ready to carry Ghana’s hopes against JS Kabylie
53 minutes -
Mahama urges nations to respect trade rules, avoid unilateral tariffs
57 minutes -
Back into the Ring: When the Judge Sues the Gavel — Kay Codjoe Writes
1 hour -
Lands Minister and Natural Resources visits Bogoso-Prestea Mine amid Restoration Efforts
1 hour -
Association of Women Accountants Ghana inaugurates Ashanti Region chapter
1 hour -
“The Holy Trinity of Pan-Africanism”: Dr Kojo Opoku Aidoo electrifies audience at 2025 Dubois–Padmore–Nkrumah Memorial Lecture
1 hour -
Power with purpose
1 hour -
Mpraeso MP Opoku Ansah calls for global action against child trafficking at Capitol Hill Summit
2 hours -
Frustration at GNAT Hall as parents, students denied re-entry amid SHS placement rush
2 hours -
Les Reed opens up to JoySports
2 hours -
WAN-O transforms mockery into motivation with new teaser for Check Yourself
2 hours