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
-
Mid-year budget will rebuild domestic confidence- Prof Khalid
11 seconds -
Energy Ministry dismisses reports of aviation fuel shortage in Ghana
2 minutes -
Scandals and Reform in Ghana’s Security Sector: Opportunities arising from Revelations by Ministers for the Interior and Defence (PART I)
19 minutes -
Ghana to host Global Africa Diaspora Investment Summit in December
22 minutes -
Deputy Finance Minister rejects Minority’s claim of not spending
32 minutes -
UNICEF commends Ghana’s timely financing of immunisation program
41 minutes -
Fameye paid me GH¢5,000 to twerk to his song – Akuapem Poloo
1 hour -
Oppong Nkrumah demands budget clarity on flagship programmes
1 hour -
Camidoh explains why he ditched rapping to focus on singing
1 hour -
Father killed, son injured in armed robbery attack on Bole-Bamboi highway
1 hour -
Ghana Shippers Authority and Prof Ransford Edward Van Gyampo in focus
1 hour -
GH₵13bn for Big Push insufficient – Egyapa Mercer
2 hours -
I paid people to insult me so I would be popular – Akuapem Poloo
2 hours -
WAFCON 2024: Black Queens are a ‘better team’ now – Björkegren
2 hours -
Council of State member escapes highway robbery as gunmen steal cash and rifle
2 hours