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22% Salary Increment For Soldiers Has Negative Effects: ZCTU

5 years agoSat, 14 Jul 2018 09:38:54 GMT
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22% Salary Increment For Soldiers Has Negative Effects: ZCTU

In an interview with NewsDay, Zimbabwe Congress of Trade Unions(ZCTU) secretary-general, Japhet Moyo said the 22% salary increment awarded to soldiers has triggered more unions to press for higher pay, and will result in government printing money to pay civil servants.

Moyo said teachers are now demanding for their salary to be increased from 17,5% to 22% while bankers and other workers were also demanding a 22% increment after employers offered an average of 3,8% adjustments. He said the exchange rate has increased on the black market. Moyo also questioned why Government had increased salaries towards elections. Said Moyo:

The exchange rate has gone up and the salaries have already been eroded by inflation and even these increases leave a lot to be desired. Already other workers are complaining. The increases were supposed to be in January, and so they came very late. It could be a coincidence that they came towards elections. What this means is that it will increase pressure on all employers to offer increments of 22%. It also means that government is most likely to be printing money to pay its employees.


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