GIS - 23 December 2014: The Additional Remuneration (2015) Bill for the payment of additional remuneration to employees of the private sector was voted without amendment yesterday in the National Assembly.
The Bill which was presented by the Minister of Labour, Industrial Relations, Employment and Training, Mr Soodesh Satkam Callichurn, makes provision for the payment of additional remuneration as from January 2015 to employees to compensate them for the loss in purchasing power. According to Statistics Mauritius the inflation rate stands at 3.3% for the Financial Year 2014.
The additional remuneration is as follows:
· Rs 600 to full-time employees, irrespective of the basic monthly salary drawn; and
· 6 per cent to part-time employees drawing basic salary up to Rs 10,000 monthly, and Rs 600 to those drawing above Rs 10,000 monthly.
Some 280 000 employees in the private sector, whether appointed on a full-time, contract, and part-time basis, are concerned with the exercise which will cost about Rs 2.9 billion.
The Additional Remuneration Bill, once enacted, will impose a legal obligation for all employers to pay the prescribed minimum compensation of Rs 600 to their employees.
Government is giving particular attention to those who need to be most adequately compensated for the loss of purchasing power especially those at the lowest rung of the social ladder, said Minister Callichurn, while commending the Bill to the House. The aim is to strike the right balance between responding to the current economic imperatives and granting workers at the lowest rung of the ladder with the maximum compensation possible to enhance their standard of living, he added.
It will be noted that the next sitting of the National Assembly is scheduled for 27 January 2015.
Government Information Service, Prime Minister’s Office, Level 6, New Government Centre, Port Louis, Mauritius. Email: email@example.com Website:http://gis.govmu.org