New Minimum Wage: Details Of Consequential Adjustment, Other Recommendations By FG Committee Emerges

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New Minimum Wage: Details Of Consequential Adjustment, Other Recommendations By FG Committee Emerges

The committee agreed that consequential adjustments be implemented as follows: CONPSS 01-06 • 80.81% – 64.73% CONPSS 07-14 • 45.59% – 19.35% CONPSS 15-17 • 14.35% – 4.41% The committee also recommended the following: (i) That the National Salaries Incomes And Wages Commission (NSIWC) will generate the appropriate salary templates for other consolidated salary structures for implementation.

(v) That the Federal Government should take appropriate measures to alleviate the plight of Federal workers as a result of the recent increase in PMS, including the consideration of tax waivers and other incentives; and (vi) That the NSIWC in collaboration with other stakeholders should commence monitoring of the implementation in line with the provisions of the Act..

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