NewzThe Minister for Labour, Jobs and Employment, Emmanuel Kwadwo Agyekum, has urged Chief Executives of State-Owned Enterprises (SOEs) to actively contribute to the development of Ghana’s proposed new public sector compensation system. Mr Agyekum said the government was not seeking to impose a foreign model but to develop a home-grown, sustainable system based on broad consultation and the experiences of stakeholders within the public sector. He therefore called on SOE CEOs to openly share their views, concerns and suggestions to help shape a compensation framework that would be effective and sustainable.
“This is not coming to take your powers. We want you to support, we want you to contribute, we want you to give any other input that will be able to help us to bring in something that is new. Let it be the best system,” he said.
The Minister was speaking in Accra on Friday at the opening of a day’s stakeholder engagement organised by the Fair Wages and Salaries Commission (FWSC) with SOE CEOs on the transition to the proposed Independent Public Emoluments Commission (IPEC). The engagement was held on the theme: “Towards an Independent, Equitable & Sustainable Compensation System: Stakeholders’ Perspectives on Ghana’s Public Sector Pay Reforms.” Mr Agyekum said the consultation was necessary to build consensus around the proposed reforms and ensure that the new system reflected Ghana’s realities. He assured the participants that President John Dramani Mahama fully supported the reforms and encouraged the SOE leadership not to withhold their views during the consultation process.
The Minister also addressed concerns that the proposed IPEC framework was targeted at office holders covered under Article 71 of the Constitution, saying the government was aware of the constitutional and legal processes that would have to be followed. “We know it has to go through a process,” he clarified. FWSC assures boards of continued role The Chief Executive of the FWSC, Dr George Smith-Graham, also assured SOE boards that the proposed transition to IPEC would not take away their mandate.
He said under the proposed framework, boards would continue to assess their organisations’ business models and operating environments and submit evidence-based remuneration proposals to IPEC. “What changes is not the relevance of the board, but the governance architecture within which its propos… The Chief Executive of the Fair Wages and Salaries Commission (FWSC), Dr.
George Smith-Graham, has called on Chief Executives of State-Owned Enterprises (SOEs) to support government’s move to establish an independent, equitable and sustainable compensation system for the public sector. He made the call in his welcome address at the opening of a day’s stakeholder engagement with Chief Executives of SOEs on the transition of the FWSC to the Independent Public Emoluments Commission (IPEC). The engagement, held in Accra, was on the theme: “Towards an Independent, Equitable & Sustainable Compensation System: Stakeholder’s Perspectives on Ghana’s Public Sector Pay Reforms.” The event brought together Chief Executive Officers, Deputy Chief Executives, Human Resource Directors, Finance Directors of SOEs, Development Partners and the Media.
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