The National Tripartite Committee (NTC) on Thursday announced that the National Daily Minimum Wage (NDMW) has been adjusted upwards to GH¢12.53 – a six percent increase in the 2011 figure of GH¢11.82.
The Committee also pegged the 2022 NDMW at GH¢13.53 which represents eight percent increase over the 2021 figure.
The increase was in line with the provisions of the Labour Act, 2003 (Act651) with the effective date for the implementation of the 2021 NDMW being June 4, 2021, a release signed by the committee said.
The release was jointly signed by Mr Ignatius Baffour Awuah, Minister of Employment and Labour Relations, for Government, Mr Daniel Acheampong, President of the Ghana Employers’ Association, for Employers and Dr Antwi Yaw Baah, the Secretary-General of the Trades Union Congress, Ghana, for Organised Labour.
It said the NTC concluded negotiations on the determination of the National Daily Minimum Wage (NDMW) in respect of 2021 and 2022 at its meeting held on Thursday, June 3, 2021 in Accra.
The Committee said the effective date for the implementation of the 2022 NDMW shall be January 1, 2022.
It said in determining the new rates, the NTC took into account the impact of the Coronavirus (COVID-19) pandemic on the national economy, cost of living, sustainability of businesses and desirability of attaining high level of employment.
The Committee said all establishments, institutions or organisations, whose Daily Minimum Wage was below the 2021 National Daily Minimum Wage should adjust their wages accordingly with effect from 4th June, 2021.
It said any establishment, institution or organisation that flouted the new rate shall be sanctioned in accordance with the law.
“The NTC recommends that the NDMW should be tax exempt,” it added and reiterated its commitment to strengthen social partnership, industrial peace and the improvement of incomes and productivity in both the public and private sectors of the economy.