Cabinet Approves Private Sector Wage Increases Following Budget Proposals
The Cabinet has approved amendments to the National Minimum Wage of Employees Act No. 3 of 2016, aligning private sector salaries with the 2025 Budget Proposals and recent public sector pay hikes.
The Cabinet has approved amendments to the National Minimum Wage of Employees Act No. 3 of 2016, aligning private sector salaries with the 2025 Budget Proposals and recent public sector pay hikes.
Key Amendments:
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From April 1, 2025:
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National Minimum Monthly Wage to increase by Rs. 9,500, from Rs. 17,500 to Rs. 27,000
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National Minimum Daily Incentive to rise by Rs. 380, from Rs. 700 to Rs. 1,080
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From January 1, 2026:
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National Minimum Monthly Incentive to increase by Rs. 3,000, from Rs. 27,000 to Rs. 30,000
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National Minimum Daily Incentive to rise by Rs. 120, from Rs. 1,080 to Rs. 1,200
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These changes aim to bridge the wage gap between public and private sector employees and enhance living standards across the workforce.
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