Sunday, June 1, 2008

Private sector salary hike by June 30

Labour Relations and Manpower Minister Athauda Seneviratne yesterday said that the proposed 15-25 per cent salary increase in the private sector will come into effect by the end of this month.

The Gazette notification in this regard will be issued before June 30. “Since it was reported that some business enterprises were not in a position to pay the full 25 per cent wage increase according to the monthly income received by them, the percentage of salary increment will depend according to the nature of each establishment,” Minister Seneviratne told the Sunday Observer.

A Labour Ministry delegation, led by Minister Seneviratne held extensive talks with officials of the Wages Control Board last week on the directive of President Mahinda Rajapaksa.

The Ministry has sought the views of all stakeholders in the private sector in this connection within the next few days.

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