Of the new wages, 63% of it will basic pay, while the new minimum wage will be effective from January 2024. State Minister for Labour and Employment Munnujan Sufian on Tuesday announced that the new minimum wage for the readymade garment (RMG) workers has been set to Tk12,500, after obtaining approval from Prime Minister Sheikh Hasina.
She also urged the demonstrating workers to rejoin their respective factories.
Of the new wages, 63% of it will be basic pay, while the new minimum wage will be effective from January, with their December wages.
The new minimum wage surpasses the previous entry-level RMG workers’ wages of Tk8,000 that was set in 2018.
Earlier on the day, the RMG factory owners hiked their wage proposal to Tk12,500 from the previous Tk10,400 per month during the sixth meeting of the Minimum Wages Board.
However, the workers’ representative persisted in their previous demand, Tk20,393.
However, both parties agreed to set 63% as the basic wage, up from the existing structure and lowered the grade to 5 from 7.