Lankapage Logo Recent Top Stories
CP 14 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* 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.

ColomboPage - Recent 10 Stories
Sri Lanka's Bank of Ceylon surpasses one Trillion mark, three years in a row
-- [19 minutes ago]
INSEE Cement partners with three big league universities in Sri Lanka
-- [42 minutes ago]
Central Bank, law enforcement authorities probe transactions of Employees' Provident Fund
Sri Lanka, MCC in discussions on multi hundred million dollar grant for economic development
Former Chief Minister Pillayan further remanded over Tamil MP's murder
Sri Lanka strengthens Consumer Affairs Authority investigation officers force to safeguard consumers
Sri Lanka's President promises to strengthen free education system to benefit all children in country
Sri Lanka nationwide inflation marginally increases to 4.2 percent in December 2016
SriLankan Airlines most punctual among oneworld airlines in 4th quarter 2016
Captain Angelo Mathews, injured players to return to Sri Lanka from South Africa tour

Copyright © 2000, 2014 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.