Tuesday, May 15, 2018

Ks 4,800 daily minimum wage set officially



The naitonal Committee on Minimum Wage announced yesterday that the minimum wage will be Ks600 per hour and Ks4,800 per eight-hour work day irrespective of the type or location of work.


This minimum wage does not apply to small and family-owned businesses with less than 10 employees, it was noted in the committee’s Notification No. 2/2018.

As per the Minimum Wage Act 2013 section 10, sub-section (a), the National Committee on Minimum Wage notified the public of this new proposed minimum wage with Notification No. 1/2018 dated 2 January 2018. After the minimum wage law was enacted, a tripartite National Minimum Wage Committee (NMWC) representing employers, employees and the government was formed under the Office of the President in September 2013 and given the task to define an appropriate level for the minimum wage.

The committee received comments, objections, and proposed amendments from employers, employees, and organisations. The proposal to enact a new minimum wage received support from employer and employee organisations from states and regions. Feedback was obtained, assessed and submitted by states and regions including union territory committees, it was learnt.

The decision for the minimum wage of Ks600 per hour, Ks4,800 per day of eight working hours irrespective of type and location of work is in accordance with the Minimum Wages Act 2013 section 10, sub-section (a), officials said.

GNLM

Ref; The Global New Light of Myanmar

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