GEA meets members of its Commercial Interests Group to deliberate on emerging issues

Members of GEA in the Commercial Interests Group held a meeting at the Association’s Headquarters at North Ridge to discuss emerging issues of interest in the Commercial sector of the economy.

Some of the key issues that engaged the attention of the meeting included: High cost of operation, High Inflation rate, cash flow challenges, increasing Central Bank Policy rate, Staff retention challenges, staff monetary demands vis-a-vis ability to pay, availability of skilled personnel, as well as how to re-organize, down-size, and right-size based on common law and the Labour Act.

Members were also introduced to the latest general salary survey conducted by the Association in collaboration with the International Labour Organization (ILO) to inform them of the competitive compensation and best HR practices for benchmarked jobs in Ghana.

The key conclusions of the meeting would inform the priority areas of the Association in its engagements with Government and relevant stakeholders to engender the creation of an enabling business environment in the country.

Similar meetings with different interests’ groups will follow in the subsequent weeks.