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    Home»Business»Nearly GH₵345m saved through 1st phase of nationwide payroll monitoring exercise – FWSC
    Business

    Nearly GH₵345m saved through 1st phase of nationwide payroll monitoring exercise – FWSC

    ZamZam UpdateBy ZamZam UpdateFebruary 22, 2025No Comments2 Mins Read
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    The Truthful Wages and Salaries Fee says it has saved Ghana a considerable quantity of GH₵345 million cedis by way of the primary section of a nationwide payroll monitoring train.

    This initiative, which lined 120 public sector establishments in 4 areas, aimed to scale back the general public sector wage invoice and improve transparency in public sector employment.

    Talking to JoyNews’ The Pulse Present host, Elton Brobbey, the fee’s chief govt officer, Benjamin Arthur revealed that the corporate saved a formidable GH₵345 million final 12 months by way of their diligent monitoring efforts.

    “Final 12 months, we made numerous financial savings 345 million cedis from the monitoring train,” he stated

    Nevertheless, the advantages of the initiative went past monetary financial savings. The CEO emphasised that the train performed a vital function in enhancing the corporate’s total productiveness.

    “Nevertheless it has different advantages on bettering productiveness, we exit to gather complete data. We exit on the sector to do some monitoring, we additionally monitor the payrolls,” he defined

    He added “About 8% of what we pay within the public sector might be saved, and after we began doing the payroll monitoring, the evaluation confirmed that for 2023 and 2024.”

    He additionally highlighted the teachings realized by way of the monitoring course of.

    “Going ahead, the payroll monitoring has thought us quite a bit. In fact, we additionally noticed some anomalies of people that had been entitled to some allowance who weren’t receiving,” he said

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