GEA has urged NTC to peg Minimum wage at a rate businesses can afford

The Ghana Employers Association (GEA) has urged the National Tripartite Committee (NTC) to peg the minimum wage rate at a reasonable percentage for businesses.

According to the Chief Executive of the Association, Mr. Alex Frimpong, businesses would collapse if the increment is such that they cannot afford. Mr. Frimpong explained that it would be difficult for employers to support compromised percentages which could collapse businesses.

The National Tripartite Committee, made up of Government, Organized labour and Employers has inaugurated a Technical-Sub Committee to compute and advise it on the National Daily Minimum Wage rate for 2023.

GEA members shall be updated about the developments on the National Daily Minimum Wage determination in due course.