After several months of negotiations, the Government of Ghana, represented by the Fair Wages and Salaries Commission, Ministry of Employment and Labour Relations, and Ministry of Finance (MOF) has agreed on a base pay increase of 30% for the 2023 fiscal year.
Following this agreement which was signed yesterday 12th January, 2023, the question on the minds of many Ghanaian workers is What will be your Salary after the 30% Increase Base Pay?
Your Authentic information hub, Coverghana brings you Details if how much increase you are getting after the 30% base pay increase takes effect from 1st January, 2023.
How much will be your Salary after the 30% Increase Base Pay?
The increase that you would have in your pay depends on the amount you earn as your base pay.
For Example; If you currently earn a base pay of ¢1,000, you will get a thirty percentage increase in your pay which will be calculated as;
30/100 * ¢1,000 = ¢300
This means that, your new base pay will be ¢1,000 + ¢300 = ¢1,300.
NOTE THIS IS THE AMOUNT BEFORE TAX