The Utility Stores Minimum Wage Raise in Pakistan has ushered in a wave of relief for daily wage employees as the Utility Stores Corporation (USC) has announced a significant increase in their minimum monthly salary to Rs. 37,000. This adjustment reflects USC’s commitment to aligning with federal directives and improving laborers’ financial conditions.
Highlights of Utility Stores Minimum Wage Raise in Pakistan
The USC has raised the daily wage rate to Rs. 1,427, an increase of Rs. 196 from the previous Rs. 1,231 per day. This new wage structure ensures compliance with the federal government’s directive to set a minimum monthly wage of Rs. 37,000 in the 2024-25 federal budget.
Previously, USC workers earned a minimum salary of Rs. 32,000 per month. The increment aims to provide financial stability and support for workers facing rising living costs.
Wage Increments Tailored to Qualifications
The wage adjustment takes into account workers’ educational qualifications and roles:
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Matric and Under-Matric Workers: Daily wages increased by Rs. 196.
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FA, FSc, D.Com Employees, and Drivers: Daily wages increased by Rs. 115.
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BA or BSc Degree Holders: Daily wages increased by Rs. 19.
These tailored increments reflect USC’s efforts to ensure fair and equitable compensation across its diverse workforce.
Impact of Utility Stores Minimum Wage Raise Pakistan
The Utility Stores Minimum Wage Raise Pakistan has not only improved the financial outlook for workers but also set a benchmark for other organizations to follow. By addressing the varying needs of its employees, USC has taken a progressive step toward ensuring better living standards for laborers and their families.
The initiative underscores USC’s commitment to supporting its workforce while adhering to federal policies. This wage increase is expected to positively influence employee morale and productivity, fostering a more resilient and satisfied workforce.
A Call for Broader ImplementationAs the Utility Stores Minimum Wage Raise Pakistan takes effect, it serves as a model for other industries to emulate. Ensuring fair wages across sectors is vital for economic growth and social equity, and USC’s efforts mark a significant step in that direction.
The federal government has unveiled a relief initiative to ease financial pressure, enhancing subsidies on utility store food items. Subsidies on flour, rice, and pulses will increase by 300%, with flour and rice rising from Rs25 to Rs100/kg and pulses from Rs70 to Rs100/kg. Sugar subsidies will also jump from Rs25 to Rs100/kg.
