The council presented key statistical updates on socio-economic criteria to form the basis for the 2023 minimum wage talks, and also received inputs like current inflation, competition and market situation from the representatives of employers and employees.
The monthly minimum wage for the sector is $194 in 2022, an increase from $192 in 2021. However, workers have got fringe benefits like a transport and housing allowance of $7 and a regular attendance bonus of $10 per month.
The next meetings will be held on August 24 and 31 and September 7, 14, 22 and 23 at the ministry of labour and vocational training, a statement from the council said.
ALCHEMPro News Desk (DS)
Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!
marketing@alchempro.com
