As Uganda’s economy continues to develop, the government has been making efforts to ensure that the salary structure is in line with the current market needs. This has resulted in the proposed salary structure for the financial year 2022/23 which is aimed at improving the welfare of workers in the country.
The proposed salary structure will increase the minimum wage by 3.2% for the employees in the formal sector. This increase applies to all employees regardless of their position, and is aimed at providing a more equitable wage structure for all Ugandans. In addition to this, the minimum wage for domestic workers has been increased to UGX 120,000 and the minimum wage for agricultural workers has been increased to UGX 96,000.
The new salary structure also includes a number of incentives for those in the informal sector. This includes a new Social Protection Fund which will provide a monthly stipend of UGX 150,000 to those in need. This fund is aimed at helping those in the informal sector to maintain their livelihoods in the face of the economic challenges posed by the ongoing pandemic.
Moreover, the new salary structure also includes an increase in the salary range for public sector workers. This will increase the salary range for all public sector workers by at least 3.2%. This increase is intended to help public sector workers to keep up with the cost of living in the country and to remain competitive in the job market.
In addition to this, the government has also proposed to introduce a new pension scheme which will provide a pension of UGX 10,000 per month to those who are over the age of 60. This scheme is intended to provide a secure retirement for those in the informal sector and to ensure that they are able to live out their golden years in dignity.
Overall, the proposed salary structure for the financial year 2022/23 is aimed at improving the welfare of workers in Uganda and to ensure that they are able to keep up with the cost of living in the country. The new salary structure is expected to be implemented by the government in the next financial year.