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    A petrol station worker fuels a car along Kimathi street on July 14 2019,after the Energy and Petroleum Regulatory Authority (EPRA) announced new retail pump prices of petroleum products effective from July 15 to August 14, 2019.price of super petrol increase by Sh0.29 per litre while diesel and kerosene decreased by Sh0.88 and SH2.31 per litre respectively.PHOTO|SILA KIPLAGAT

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    Manufacture of petroleum products push PPI to 31.2% in April

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    Akufo-Addo worried over impact of fertiliser shortage on poultry industry

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    Agribusiness Chamber demands resignation of Agric Minister over sector woes

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    Manufacture of petroleum products push PPI to 31.2% in April

    Nigeria begins processes to join Ghana-Côte d’Ivoire Cocoa Initiative

    Victor Yaw Asante, FBNBank Ghana MD

    Banks will continue to innovate to meet customers’ expectations – FBNBank’s MD

    6th CEO’s Summit pushes for ease of doing business law to boost economic growth

    Policy rate likely to be increased to tame inflation – Databank CEO

    Banking Consultant bemoans continuous charging of unfair fees by banks

    Chamber of IPPs disappointed over ECG’s tariff increase request

    A comprehensive storage strategy will deal with post – harvest losses & inflation – CSIR

    A petrol station worker fuels a car along Kimathi street on July 14 2019,after the Energy and Petroleum Regulatory Authority (EPRA) announced new retail pump prices of petroleum products effective from July 15 to August 14, 2019.price of super petrol increase by Sh0.29 per litre while diesel and kerosene decreased by Sh0.88 and SH2.31 per litre respectively.PHOTO|SILA KIPLAGAT

    NPA allays fears of fuel scarcity in the country

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    Ho Node Hub rebrands as Node Eight

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    Block chain’s success will depend on supportive policy environment – Prof. Quaynor

    1.5% E-Levy rate will negatively impact GH¢6.9 billion target – Prof. Quartey

    Transactions to be affected by E-levy

    Bethniel Finance emerges winner in Innovation Challenge Program

    Taxing of non-resident e-commerce entities in Ghana could push prices up – Technology Consultant

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    Greater, more diverse participation in global trade is key to achieving Africa’s economic transformation – World Bank

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    Implement strategies to sustain increased consumer preference for digital payments – Bawumia

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Labour consultant wants policy makers to focus on living wage

byAnita Arthur Kissi-Mireku
February 16, 2021
in Local Economy, News, Top Stories
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Labour consultant,  Senyo Adjaben is calling for more attention to be given to living wage as compared to the minimum wage.

According to him considering the impact of COVID-19 on the economy, this call has become important in order to sustain the livelihoods of Ghanaians.

The country’s current minimum wage is 11 cedis 28 pesewas which translates into 319 cedis 14 pesewas at the end of the month.

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The minimum wage is an amount set by law, whereas the living wage is determined by average costs to live.

In 2019, the country’s minimum wage was increased by 10% to 10 cedis 65 pesewas from 9 cedis 68 pesewas in 2018.

Although the country’s minimum wage has over the years received a constant review indebtedness, empty bank accounts, harsh living conditions and unattainable pension plans are the common challenges facing majority of Ghana’s minimum wage earners.

Speaking to Citi Business News on the development ahead of the review of the country’s minimum wage, Senyo Adjaben said given the current circumstances of the country, there should be more focus on living wage in order to guide business owners and employers.

“The minimum wage is the barest minimum that a country uses to determine the standard of living in the country, but I know that for some time now the labour union has been advocating for a living wage which normally takes into consideration the specific economic conditions in the country and the barest minimum amount of money people need to survive as workers, so basic things like transportation, clothing and housing are used as factors to determine the living wage .that normally is a lot more realistic than minimum wage which is really y the barest minimum, he said.

He added that all Ghanaian workers should add their voice to the push for the use of the living wage.

“I think that we should all be advocating for a living wage that also will be a kind of guide to employers rather than just limiting them to minimum wage because at the end of the day, inflation will take most of it away and the employee will lose the actual value of the implement that they gained especially from the minimum wage”.

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