Finance

2024 salary: Organised Labour rejects Cost Of Living Allowance

COLA, an interim measure designed to offer relief when immediate salary adjustments are unfeasible, has been met with scepticism by Organised Labour, which argues that it would not positively impact pension disbursements and other associated benefits.

Deputy General Secretary of the Trade Union Congress (TUC), Mr Joshua Ansah, emphasised their stance, stating that they will advocate substantial salary increments instead of opting for a mere COLA.

Addressing reporters in Accra, Mr Ansah conveyed, “Choosing COLA would be ill-advised, as it fails to influence our pensions or overall earnings. Our preference is to secure the rightful compensation we deserve. Furthermore, it’s important to highlight that if the government entertains IMF involvement, it must safeguard our national minimum wage from any detrimental implications.”

In a separate development, Organised Labour has declined a monetary compensation offer presented by Sunon Asogli Power Limited, favouring the reinstatement of dismissed local union executives from the Ghana Mineworkers Union of TUC.

Despite Sunon Asogli’s proposal to provide GH¢1.2 million as compensation, Organised Labour remains steadfast in their demand for reinstatement.

On that matter, Mr Ansah said: “Our intent is not to monetise our rights; our struggle centres on upholding workers’ fundamental principles.”

Expressing dissatisfaction with Sunon Asogli’s refusal to restore the union leaders, Mr Ansah characterised the company’s decision as “erroneous.”

He asserted, “We hold that the termination of these leaders was unjust, and we firmly advocate for their reinstatement.”

Mr affirmed Organised Labour’s unwavering commitment to pursuing the reinstatement of the union leaders until a just resolution is achieved.

 

Source: classfmonline.com

Ogyem Solomon

Solomon Ogyem – Media Entrepreneur | Journalist | Brand Ambassador Solomon Ogyem is a dynamic Ghanaian journalist and media entrepreneur currently based in South Africa. With a solid foundation in journalism, Solomon is a graduate of the OTEC School of Journalism and Communication Studies in Ghana and Oxbridge Academy in South Africa. He began his career as a reporter at OTEC 102.9 MHz in Kumasi, where he honed his skills in news reporting, community storytelling, and radio broadcasting. His passion for storytelling and dedication to the media industry led him to establish Press MltiMedia Company in South Africa—a growing platform committed to authentic African narratives and multimedia journalism. Solomon is the founder and owner of Thepressradio.com, a news portal focused on delivering credible, timely, and engaging stories across Ghana and Africa. He also owns Press Global Tickets, a service-driven venture in the travel and logistics space, providing reliable ticketing services. In addition to his media ventures, Solomon serves as a Brand Ambassador for Alabuga, a prominent Russian industrial company, representing their interests and expansion across Africa. He previously owned two notable websites—Ghanaweb.mobi and ShowbizAfrica.net—both of which contributed to entertainment and socio-political discussions within Ghana’s digital space. With a diverse background in media, digital journalism, and business, Solomon Ogyem is dedicated to telling impactful African stories, empowering youth through media, and building cross-continental media partnerships.

Related Articles

Back to top button