Base pay negotiation for the upcoming year has been quit tough from the onset till now. Labour union made a proposal of 60% due to the higher cost of goods, after the budget was read by the finance minister Hon Ken Ofori Atta, Labour Unions came back to announce 65% proposal reason being an increase in VAT and other stuffs.
Last by one of the meeting which was scheduled on 20th December,2022, Labour Unions were present at the meeting but the deputy minister of finance had attended a discussion in parliament and so was not present, The minister and deputy for Employment and Labour Relations were also present but left to parliament, so the meeting couldn’t come off as expected, the meeting was then adjourned.
Since the year is getting to an end and negotiation for this year must be finalized, government has ones again met the Labour Unions over the negotiations.
Finally, the two parties have agreed to 30% as an increment of base pay for 2023, the Daily Minimum wage for 2023 revealed that the Cost Of Living Allowance (COLA) will be maintained but on negotiation it has revealed that COLA has been scrapped off.
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