Sri Lanka - Minimum Wages Increased.
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3 Articles
Sri Lanka - Minimum Wages Increased.
The payment of a minimum monthly / daily wage to all workers in any private sector industry or service in Sri Lanka was first introduced and legislated for by the passing of the National Minimum Wage of Workers Act No. 03 of 2016. Subsequent amendments were made by Act No.48 of 2024 establishing the national minimum monthly wage at Rs.17,500/- and the national minimum daily wage at Rs.700/-. The recent passing of Act No.11 of 2025 further amende…
The increase in the minimum living wage (RMV) to S/1300, which in its first stage this year would be S/1230, will first go before the National Labor Council (CNT), which will meet this August. This was confirmed yesterday by the Minister of Labor and Employment Promotion, Juan Sheput, who indicated that the formal meetings to address the increase will take place after the Government's preliminary talks with employers and workers.
The Minister of Labour, Juan Sheput, explained that there must be previous meetings, and separately, with each member of the National Labour Council to reach a consensus.
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