Breakthrough in Minimum Wage Talks: FG Committee Agrees on Consequential Adjustments

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The Federal Government Committee has come to an agreement regarding a specific option for consequential salary adjustments.

The Committee agreed as follows:

CONPSS 01-06 • 80.81% – 64.73%

CONPSS 07-14 • 45.59% – 19.35%

CONPSS 15-17 • 14.35% – 4.41%:

(i) that the NS/WC will generate the appropriate salary templates for other consolidated salary structures for implementation:

(iii) that the effective date of the implementation should be 29″ July 2024:

(iv) that the payment of the wage award issued vide NS/WC Circular SWC.04/T/33 dated 19* October 2023 should continue to be paid until 28* July 2024:

(v) that the Federal Government should take appropriate measures to alleviate the plight of Federal workers as a result of the recent increase in PMS, including the consideration of tax waivers and other incentives; and

(vi)that the NSIWC in collaboration with other stakeholders should commence monitoring of the implementation in line with the provisions of the Act.

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