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Public Sector Workers have been granted 30% Base Pay increment by Government after days of Negotiations with Labour Unions. 30% Conclusions made on 12th January Public Sector Base Pay Negotiations
The increment was to reduce the Financial burden on Workers.
30% increment is Good but it all comes to still fill pot holes.
Know that, because of the Financial Burden on these workers, majority have taken loans just to survive and are hoping this increment will cushion them a bit.
Here we present to you the way to calculate your 30% Base Pay increment before you prepare your budget.
If you are a dependant and you think government has increase workers salary so you’re also going to increase your demands you lie bad.
Recently the Banks just increased their interest Rate from 13% to about 27% affecting already taken loans, So this monies comes in to fill that pot hole created. Majority will still take the same amount Home. Banks revises their interest rate, Customers to pay more on already taken loans
To start with the Calculations
Open Your Epayslip
LEVEL SS.PSH15 POINT 2, Use this
Check your Single Spine salary 0000
Compare with this Draft30% increment Draft
Check the net salary, that’s the Take home.
So lets come back to other Deductions that will hit it…
Bank Loans -00000 this has just been increase on all existing Loans
Union Dues ..-0000
others when it hit the Account , Borrowed Amounts from Mobile Money and Friends
According to the Finance Minister, they are to see more productivity from Workers. Here are some monitoring stuff GoG will be implementing
2023 Salary payment
Do you know there is automatic Salary Jump