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Daily minimum wage increased to GH¢14.88

Employment Minister Ignatius Baffour Awuah

The national daily minimum wage has been increased to GH¢14.88 pesewas, the Minister of Employment and Labour Relations, Ignatius Baffuor Awuah has announced.

Organized Labour, the Ghana Employers Association and and government have been meeting on the determination of the national daily minimum wage for 2023 since Monday November 14.

This afternoon, he said at a press conference in Accra on Wednesday November 16 that, the national tripartite committee concluded the negotiations and “we think this is the best time to communicate to Ghanaians on the outcome of the negotiations.”

The committee, he said, took into account the current economic challenges, cost of living, sustainability of businesses and desirability of attaining higher levels of employment.

“The committee concluded on the need to increase the national daily minimum wage by 10 per cent over the 2022 national daily minimum wage which translates into new national daily minimum wage of 14.88 pesewas and a cost of living allowance of 15 per cent over the 2023 national daily minimum wage.

“The effective date for the implementation of the 2023 national daily minimum wage shall be 1st January 2023

“All establishments, institutions, organizations whose daily minimum wages are below the new rate should adjust accordingly effective 1st January 2023,” he said.

By Laud Nartey|3news.com|Ghana

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