The Ministry of Finance has dispatched a circular to the heads of all budget agencies informing them of the Government’s approval of wages and salary increases for public servants.
According to the circular, which was seen by News Source, those public servants earning up to $100,000 per month, will get a 7% increase in their salaries, while those earning between $100,000 and $299,999 will get a 6.5% increase.
The circular further states that public servants whose salaries fall between $300,000 and $499,999 will see a 5% increase in their salaries, while others who earn between $500,000 and $699,999 per month will see their salaries go up by 3%.
For those public servants making between $700,000 and $799,999 per month, they can look forward to a 2% increase in their salaries, while those making between $800,000 and $999,999 will see a 1% increase.
Public servants who earn over $1 million per month will get an increase in their salaries of 0.5%.
The increases will be retroactive to January 1, 2018 and the Finance Minister intends to seek cabinet’s approval for the increases to be tax free. The cabinet is likely to make a decision on that before he presents the national budget next Monday.
Members of the Disciplined Services, who are also considered public servants, will get the same increases. However, the increases are not applicable to teachers, employees of the University of Guyana, and Ministers and other Members of Parliament.
The Guyana Teachers Union has already signed on to its own agreement with the Ministry of Education while the salaries for University employees would be addressed by the University’s administration.
Government Ministers and other Members of Parliament got an increase in their salaries just after the new government took office and that was a one off increase for the entire five year term of the government.
The 2018 public service salary increases come at a time when the Guyana Public Service Union is complaining about the Government moving to impose salary increases and not complete negotiations with the union.
The Finance Minister has already announced that public servants could expect salary increases in 2019 and 2020.
See circular below: