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Daily minimum wage increased from GHS18.15 to GHS19.97; GHS599.1 monthly effective March 1

By Isaac Donkor Distinguished
Headlines Daily minimum wage increased from GHS18.15 to GHS19.97; GHS599.1 monthly effective March 1
THU, 20 FEB 2025 1

Ghana's National Daily Minimum Wage (NDMW) will increase by 10% from GHS18.15 to GHS19.97 on March 1, 2025, according to the National Tripartite Committee (NTC).

For workers earning the minimum wage, this adjustment equals GHS599.10 each month if calculated by 30 days.

In compliance with Section 113 (1) (a) of the Labour Act, 2003 (Act 651), the conclusion was reached after discussions concluded in Accra on Thursday, February 20, 2025.

The increase was made after taking into account the current economic difficulties, the growing cost of living, the viability of businesses, and the objective of encouraging greater employment levels, the NTC stated in a joint communiqué.

“All establishments, institutions, or organisations whose daily minimum wages are below the new rate should adjust accordingly effective 1st March, 2025,” the communiqué stated.

The Committee also issued a warning that any organization that disregards the new salary structure will be subject to legal penalties.

The NTC also suggested that the 2025 NDMW be tax-exempt in order to lessen the financial burden on minimum wage earners.

This most recent change comes after the minimum wage was increased to GHS18.15 per day on January 1, 2024, the previous year.

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Isaac Donkor Distinguished
Isaac Donkor Distinguished

Is a journalist with a keen interest in politics, current affairs, and social issuesPage: isaac-donkor-distinguished

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Comments

Joseph Boabann Owusu | 2/24/2025 10:30:08 PM

The monthly minimum wage is not calculated as the Daily Minimum Wage multiplied by 30 but rather the DMW × 27. So the DMW of GH¢ 19.97 will translate to a MMW of GH¢ 539.19. Which is (19.97 ×27).

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