Bill to make private sector pay hike compulsory

11 December 2015 01:55 am - 7 - {{hitsCtrl.values.hits}}

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Legislation will be introduced soon to make the private sector salary increment compulsory, Labour Relations Minister W. D. J. Seneviratne told Parliament yesterday.

Minister Seneviratne who was speaking during the committee stage debate on the budget said a Bill to this effect had already been drafted.

He said only 50 institutions paid heed to the request made by the 100-day government to increase the salaries of private sector employees by Rs 2500. This, he said included some semi government organizations and a few companies which had factories.

He assured that laws would be introduced to make the minimum wage of a private sector worker Rs 10,000.

He also informed that the legislation to allow EPF recipients to withdraw 30 per cent of the provident fund would be brought in soon. The minister assured the security of both the EPF and ETF. (Yohan Perera)

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Comments - 7

Sapu Friday, 11 December 2015 08:50 AM

At least this got cares about private sector workers

mnsmart Friday, 11 December 2015 08:58 AM

Which private company is paying less than 10000?

das Friday, 11 December 2015 09:39 AM

A lot. May be u do not know this but salaries are very low for some in the private sector.

kan Friday, 11 December 2015 10:52 AM

This should not be applied to those who are giving annual increment in salary to their staff.

Nifal Friday, 11 December 2015 11:48 AM

there are companies in colombo, who is doing this

Premalal Friday, 11 December 2015 12:13 PM

The plantation sector will be the first casualty followed by the Apparels sector unless the rupee falls dramatically. Then we will all be casualties.

simon Friday, 11 December 2015 04:28 PM

The plantation sector is already has already taken a nose dive !

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Bill to make private sector pay hike compulsory

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