The Government at the end of negotiations with organized labour has announced that the Cost of Living Allowance (COLA) will be paid at a rate of 15 per cent of base pay, effective from 1st July.
This was in a statement signed collectively by Mr Ignatius Baffour-Awuah, the Minister of Employment and Labour Relations; Mr Ken Ofori-Atta, the Minister of Finance; Mr Benjamin Arthur, Chief Executive of the Fare Wages and Salaries Commission (FWSC); Dr Anthony Yaw Baah, Secretary General, Trades Union Congress (TUC) for organized labour; and Madam Perpetual Ofori-Ampofo, President, Ghana Registered Nurses and Midwives Association (GRNMA) for organized labour.
Meanwhile the Teacher Unions have also agreed to call off their on-going strike
The Public Workers Services Union (PSWU) had earlier declared their intention to go on strike on the 19th of July, 2022 if government did not respond to their demand for COLA.
Other Unions such as the Ghana Federation of Allied Health Professionals, the Ghana Medical Association and the Ghana Registered Nurses and Midwives Association has also threatened to lay down their tools if government did not agree to pay COLA
ashantibiz
