Tuesday, March 31, 2009

Minimum 15% Salary Increment to All Private Sector Employees

The Finance minister of Sri Lanka has approved a Bill which comes into effect on 01.04.2009 and it states that all Privately Held companies need to give a minimum salary increment of 15% to all employees every six months.

This comes as a relief to petitioners appealing against the growing work hours in the Privately Held organizations and which do not have a proper system to check overtime.

The bill also mentions that all employees be provided 20 days of casual leave every year.

Following document contains list of companies list of companies which will be brought under the umbrella of the Bill in the first round of implementation.
URL: http://docs.google.com/Doc?id=dcbsc86n_0d8hfv8dz

No comments:

Post a Comment