What is the Minimum Wage in Ghana 2020?

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What is the minimum wage in Ghana 2020? If you are working for a government agency or a private institution in Ghana, there is a need for you to know the minimum amount that you are expected to earn.

It is within your right to get paid and nothing less than the minimum wage in Ghana. In fact, the minimum wage is a law that is meant to guard Ghanaians working in both the government and private sector.

What is a Minimum Wage?

Minimum wages has been defined as “the minimum amount of remuneration that an employer is required to pay wage earners for the work performed during a given period, which cannot be reduced by collective agreement or an individual contract.

To protect workers, the government of Ghana has set up the minimum wage to protect Ghanaians from extortion. By law, all workers are not expected to earn below the stipulated minimum wage. In fact, it is considered a crime for an employer to pay its workers below the minimum wage.

Minimum Wage in Ghana

The current daily minimum wage in Ghana stands at GH¢11.82 in 2020. However, this will take effect from January 1 2020. This came following an 11% increment in the 2019 daily minimum wage from GH¢10.65. This increment has made Ghana one of the countries with high minimum wages.

The increment will take effect from 1 January 2020, as announced by the National Tripartite Committee (NTC). Prior to now, the minimum wage was GH¢10.65 which rose from the previous minimum wage of GH¢9.68.

According to a communique issued by the NTC, any establishments, institutions or organisations that [flout] the new rate shall be sanctioned in accordance with the law”.

Following the implementation of the new minimum wage, they have been an upward review of salaries of workers in Ghana.

Conclusion

The new minimum wage is aimed at improving productivity in both the public and private sectors of the Ghanaian economy. It is also aimed to protect workers against unduly low pay. With this implementation, Ghanaian workers will surely be smiling to the bank at the end of the month.

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