Government increases daily mimimum wage by 20%

The Tripartite Committee on Wednesday announced a new daily minimum wage of GH¢4.48 effective Thursday, February 9, 2012.

This represents a 20 per cent increase over the current minimum wage of GH¢3.73.

This was announced by Mr Enoch Teye Mensah, out-going Minister of Employment and Social Welfare at a press conference in Accra.

He said the committee, comprising Government, organised labour and employers agreed that the minimum wage should be tax exempt.

Mr Mensah, the new Minister of Water Resources, Works and Housing, pledged government’s commitment to ensuring that the new minimum wage was implemented by employers.

Source: GNA