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* Sri Lankan trade unions hand in nine proposals on formulating a private sector wage policy
Mon, Apr 14, 2014, 10:53 pm SL Time, ColomboPage News Desk, Sri Lanka.

Apr 14, Colombo: Trade unions in Sri Lanka have submitted nine proposals to the National Pay Commission appointed by the President to assist the government in formulating National Wage Policy.

The trade unions have proposed a national minimum wage for private sector employees and to implement an unemployment benefit insurance scheme as well as a pension scheme for Employees Provident Fund members and a social security scheme for the informal sector, the Sunday Times reported.

Another proposal is to set up a national wages commission for the private sector.

The trade unions have suggested the basis of private sector minimum wage should be the present public sector minimum wage amounting to Rs. 21,876 inclusive of allowances for increases in cost of living and inflation.

Further, the unions have pointed out that when arriving at a decision on the minimum wage of private sector employees the commission should consider the 2012/2013 household income and expenditure report of the Department of Census and Statistics which has calculated the average required income of a family of four as Rs. 48,281.

It has also been proposed to the Commission to review the national minimum wage periodically and revise the same in step with the rise in cost of living and inflation.

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