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CEOs demand clarity on pay harmonisation, board autonomy as FWSC engages SOEs bosses over IPEC transition

The Fair Wages and Salaries Commission (FWSC) on Friday engaged chief executive officers of State-Owned Enterprises (SOEs) on the transition to the Independent Public Emoluments Commission (IPEC). The stakeholder meeting brought together CEOs, Deputy CEOs, Finance and Human Resource Directors of more than 100 SOEs, as well as representatives of the State Interests and Governance Authority (SIGA),…

CEOs demand clarity on pay harmonisation, board autonomy as FWSC engages SOEs bosses over IPEC transition

The Fair Wages and Salaries Commission (FWSC) met with CEOs of State-Owned Enterprises (SOEs) to discuss the transition to the Independent Public Emoluments Commission (IPEC). This engagement is part of a series of nationwide consultations initiated by President John Dramani Mahama, who declared the FWSC an Institution in Transition in March of this year.

The meeting aimed to address the fragmented and inequitable public sector wage system, particularly within the SOE sector, and to provide an independent, evidence-based framework for determining public sector emoluments, including those of SOEs. Dr. George Smith-Graham, the Chief Executive of the FWSC, assured that the new IPEC will ensure fiscal sustainability, transparency, and equity in public sector remuneration.

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