National Tripartite Committee Sets Minimum Wage At Ghc12.53
The National Tripartite Committee has announced GH¢12.53 pesewas as the new National Minimum Daily Wage for 2021, representing a 6% increase over the previous year’s minimum wage.
In a release by the National Tripartite Committee, it was also announced that next year’s minimum wage will be GH¢13.53 pesewas, an 8% increase in the new minimum wage.
“In determining the new rates, the NTC took into account the impact of the Covid-19 pandemic on the national economy, cost of living, sustainability of businesses and the desirability of attaining a high level of employment,” it stated.
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The National Tripartite Committee indicated that the Covid-19 pandemic and its attendant economic hardships strongly influenced the percentage increases of the National Daily Minimum Wage rate.
The new National Daily Minimum Wage comes into effect from June 4, 2021. Next year, the 2022 rate will come into effect on January 1, 2022.
The Committee directed all organizations whose Daily Minimum Wage falls below the new minimum wage to adjust their rates accordingly starting from June 4.
The determination of the national minimum wage is in accordance with Section 113 (1) (a) of the Labour Act, 2003 (Act 651).