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
Death toll from bad weather in Sri Lanka rises to 91, 110 missing, tri forces launch massive search & rescue operation
-- [5 minutes ago]
Hertz, Dollar and Thrifty launch in Sri Lanka
-- [51 minutes ago]
India offers scholarships to children of Sri Lanka estate workers
-- [1 hour and 22 minutes ago]
Sri Lanka Navy ships Sagara and Nandimithra return home on completion of Singapore visit
-- [7 hours ago]
Sri Lanka state-owned retail chain Lanka Sathosa will not be sold, Minister assures
-- [7 hours ago]
Heavy rains in Sri Lanka cause havoc with floods, landslides, claim 23 lives
-- [8 hours ago]
Subdued performance in Sri Lanka's external sector as trade balance widens substantially in February 2017
-- [9 hours ago]
Iran, Sri Lanka sign 2 MoUs on science, technology cooperation
Sri Lanka's Mackly Sleepwear introduces first ladies' sleepwear collection
Sri Lanka culinary show at the Embassy Chef Challenge in Washington

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.