Egypt raises minimum wage for private sector to EGP 6,000

Ahram Online , Sunday 7 Apr 2024

The National Council of Wages raised the minimum wage for private sector workers to EGP 6,000 starting in May, the council announced on Sunday.

Egypt raises minimum wages
Egypt raises minimum wages

 

Minister of Planning and Economic Development Hala El-Said emphasized that the government is keen to protect workers and provide a decent life for them, especially in light of recent domestic and international economic developments.

El-Said also noted that the government is committed to balancing the interests of both employers and workers to advance the country’s development.

The new increase is the fifth in two years, with the last increase in January raising it from EGP 3,000 to EGP 3,500.

The minimum wage for private sector workers was raised to EGP 2,400 in January 2022, EGP 2,700 in January 2023, and EGP 3,000 in July 2023.

The new minimum wage includes all wage elements, including the employer's share in the insurance contributions.

However, workplaces with less than 10 workers will be exempted from this increase.

The decision also allows for three months for complaints and grievances to be submitted to the Complaints Committee, chaired by the labour minister.

Minister of Labour Hassan Shafie emphasized the government's keenness to provide a suitable working environment for workers, which benefits employers and increases production.

Shafie noted that the country’s labour directorates will be monitoring the implementation of the new wage.

The labour minister affirmed that this decision aligns with President Abdel-Fattah El-Sisi’s directives to provide more care, protection, and support for workers, who he called the "soldiers of production," and to enhance labour relations between employers and workers.

President El-Sisi instructed the government in February to take several urgent social measures to alleviate the cost of living pressures on citizens, including raising minimum wages for all government workers and raising pensions starting in March.

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