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Wednesday , 14 February 2018
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Yearly Base Pay Rises to be halted – FWSC

Yearly Base Pay Rises to be halted – FWSC

The Fair Wages and Salaries Commission has disclosed to Citi Business News plans to halt the yearly review of the base salary of public sector workers on the Single Spine Salary Structure (SSSS).

According to the CEO of the Commission, Dr. Edward Kwapong, the decision should give value for money and link productivity with pay.

Being in existence for about eight years now, the public sector base pay of the Single Spine has been increased by between 10 and 20 percent.

Dr. Edward Kwapong, also explains that a change in the yearly review of the public sector base salary, should help reduce government’s rising expenditure on public sector remuneration.

“Because of the rate of inflation, people say the real income has eroded. So there is the need to restore us back to the real wage we were making at the beginning of the year.

The increase which will keep workers where they were before the end of the year is informed by figures from the Ghana Statistical Service,” he said.

“Going forward, we perhaps need a national dialogue to determine that we would not go for the yearly increments, but rather work harder to improve productivity for the gains to inform salary increases that will be granted by Government.”

The Single Spine which began in 2010, saw the base pay of GH¢3.42 increase to GH¢4.10 in 2011.

The 2011 figure of GH¢4.10 increased to GH¢4.48 in 2012.

In 2013, the base pay saw a significant growth from the 2012 figure to GH¢ 5.32. 2014, 2015, 2016 all saw significant increases.

The 11 per cent increase in the base pay of the 2017 figure of GH¢7.45, increases the 2018 base pay to GH¢8.27.

Dr. Edward Kwapong spoke at the launch of a Ghana Banking Human Resource Survey by ACREATY Ghana.

 

About Ellis Ferdinand

Ellis Ferdinand is the Founder/Chief Executive Officer of EducationGhana Limited and the Managing Editor at EducationGhana.net . He is a passionate writer,a publicist and an online Marketer and Promoter.

He is Ghana’s number 1 Education Blogger who brings all happenings in the Ghanaian Education Sector ,from Basic to Tertiary, to the doorsteps of readers on EducationGhana.net

He is also the Founder of Education Awards Ghana which will soon be launched in Ghana to help boosts the Education Sector.

He is Passionate about Promoting Education in Ghana, Africa and the world at large.

Ferdinand Completed Accra College of Education and was Awarded a Diploma In Basic Education by the University of Cape Coast and Currently reading Psychology and Foundation of Education with Management and Accounting Options at the University of Cape Coast in Ghana.

Ferdinand is willing to work with any organization who believes in Promoting quality business as well as Education in Ghana and Africa.

You can Contact him for Promotion of Events,Advertisements,Publications and any other business through Education Ghana.

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