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Latest in Tag: wage draft law

Parliament discusses wages draft law

By Mennatallah Fouad Youssef CAIRO: Parliament members continued discussions of the proposed law concerning implementing a minimum and maximum wage amid continuous labor sit-ins and protests in different sectors. The proposed law presented by the planning and general budget committee would cap the maximum wage at 35 times that of the minimum wage, and thus …


Solution to wage crisis key to ending corruption, says poll

By Safaa Abdoun CAIRO: Finding a solution to the wage crisis in Egypt is the best means to combat corruption, stated opinion leaders in the country, according to a recent poll. “If the citizen gets a suitable salary then this will make him or her able to resist the temptations of bribes and other corruptive means,” …


‘One size doesn’t fit all,’ say experts on minimum wage

By Amir Makar CAIRO: Rather than imposing a unified minimum wage across the country, experts advise seeking alternatives that factor in regional and sectoral variations as well as imbalances in standards of living, growth and productivity. While the overall percentage of minimum wage to nominal GDP is in line with comparable economies such as Tunisia and …


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