House passes Rs. 1000 private sector pay hike Bill
BY Bharatha Malawaraarachchi and Ranil Wijayapala
THE Budgetary Relief Allowance of Workers Bill seeking to increase
the salary of private sector employees by Rs 1,000 was passed in
Parliament yesterday with amendments.
The Bill presented by Minister of Labour Relations and Foreign
Employment Athauda Seneviratne received the unanimous approval of the
House.
Presenting the Bill, Minister Seneviratne said the Bill was a
long-felt need. "After the salary increase of Rs 2500 given to the
public sector employees, there was a demand for increasing salaries of
the private sector employees."
He explained that the Bill was prepared after discussions with the
employers and trade unions.
Employees whose monthly remuneration is Rs 20,000 or less will be
entitled to this salary increase, which will be effective from August
2005. |