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Monday, 21 October 2019

Egypt's Sisi announces first raise in minimum wage for state employees since 2014

Ahram Online , Saturday 30 Mar 2019
Egypt's Sisi announces first raise of minimum wage since 2014 (Photo: Screen Shot From Youtube)
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Views: 8319

President Abdel-Fattah El-Sisi announced on Saturday that the minimum monthly wage of state employees would increase from EGP 1,200 to 2,000, to take effect from 30 June.

The last a minimum wage increase for public sector was introduced in January 2014 from EGP 700 to 1,200.
El-Sisi also announced a number of reform measures to ease the effects of austerity on Egyptians.

The decisions came during a speech at a celebration organised by the National Council for Women to celebrate Egyptian women and ideal mothers at Al-Manara International Conference Centre in New Cairo. 

Increases to bonuses, pensions

The president also announced a raise in pensions and bonuses.

El-Sisi announced that the annual raise for state employees will be increased to 7 percent of the minimum wage, at a minimum of EGP 75, under the salary scheme of the civil service law.

Workers who are not part of the salary scheme will receive 10 percent of the basic wage as an annual raise, at a minimum of EGP 75.

The president also announced the granting of an exceptional addition bonus of EGP 150 to all state employees, in an attempt to ease austerity and inflationary effects on wage levels.

He also announced the raising of the minimum number of all job grades in the country among those who are not under the civil service law.

The Egyptian president announced a 15 percent increase in basic pensions for state employees, at a minimum of EGP 150.

He has also announced an increase in the pension from EGP 750 to 900.

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