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Home Featured

Government approves a 23% base pay increase for 2024

Mabel Boamah by Mabel Boamah
3 years ago
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Government approves a 23% base pay increase for 2024
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The Akuffo-Addo government has  approved a twenty-three percent base pay raise for public sector workers starting in 2024 on Tuesday, November 14.

According to Ignatious Baffuor Awuah, Minister of Employment and Labour Relations, the approval of the 23 percent pay increase was made in light of the country’s present economic position.

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The pay increase will be applied from January to June 2024, followed by a 2% increase from July to December 2024.

The Minister also said that the minimum salary will rise from GHS14.88 to GHS18.15 per day.

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“At the end of our tripartite negotiations, we agreed that the minimum wage be increased by 22 percent, from 14.88 Cedis to 18.15 Cedis,” he said.

Read Also: Ken Ofori-Atta to read 2024 Annual Budget in Parliament today

“Subsequently, the public sector joint negotiations committee between all unions within the public space under the single spine and the government also entered into negotiations to determine the national base pay.

“I am happy to report to you that a few minutes after a very difficult meeting, taking the current state of the economy into consideration and also taking into consideration the agreement that as a nation we have with the IMF in making sure that we stay on course in achieving all the targets that we have set to achieve for ourselves, and to also get all the benchmarks right, we have concluded that the national based pay by increased by 23 percent between January 1, 2024, to 31st June 2024 and subsequently an additional 2 percent increment will be added to the 23 percent making it 25 percent from July to December 2024.”

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