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SALARY INCREASE IS A RELIEF

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Sir,

I am writing this letter to express my sincere gratitude for the article that shed light on the recent salary raises for workers in various sectors. The wage orders for 2024 have brought a renewed sense of hope to individuals ranging from funeral undertakers to domestic workers.

In these challenging economic times, the increase in wages is a welcomed relief that will greatly benefit many hardworking individuals. I commend government for taking the necessary steps to implement these salary raises, which will help align wages with the cost of living. As the famous economist Adam Smith once said: “The real tragedy of the poor is the poverty of their aspirations.” With these salary increases, we can expect a boost not only in the financial well-being of workers, but also in their aspirations and economic mobility.

Debate

While there has been some debate on social media regarding the timing of these increases, I appreciate the Ministry of Labour for providing clarity on the matter and encouraging all stakeholders, especially employers and workers, to adhere to the newly-published wages gazettes. It is crucial in any economic environment that both employers and employees understand the importance of fair compensation. As the saying goes; ‘A rising tide lifts all boat’. When wages increase, it contributes to a more robust economy, benefiting everyone involved. It is evident that a lot of effort and consideration went into negotiating these wage increases, and I am grateful for the swift action taken by government to address this important issue.

Fact

The fact that government is prioritising the well-being of its citizens by ensuring fair wages is truly commendable. It reminds me of the quote by economist John Kenneth Galbraith: “The only function of economic forecasting is to make astrology look respectable.” While we cannot predict the future, we can certainly create conditions that foster economic growth and stability. Moreover, this wage increase is particularly significant as we navigate the aftermath of the pandemic, which has left many individuals struggling to make ends meet.
By improving workers’ salaries, we are not just providing financial relief; we are also investing in the future of our community. Increased disposable income will likely lead to greater spending on local businesses, which in turn drives economic growth. As the old adage goes, “Money makes the world go round,” and in this case, it will undoubtedly contribute to a thriving local economy.

Once again, thank you for bringing attention to this significant development through your article. I look forward to seeing the positive impact that these salary raises will have on the lives of many individuals in our community. As we move forward, let us hope that this is just the beginning of a broader commitment to ensuring that all workers receive fair compensation for their invaluable contributions. I believe that we are on the right path, and I encourage all parties to continue advocating for workers’ rights and fair wages. As we rally together, let us remember the words of the late economist Milton Friedman: “There is no such thing as a free lunch.” The road to prosperity is paved with the recognition that fair wages are essential for a healthy economy and society.

Mabhekzo Nhlengetfwa

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: EARLY PAY
Is early pay good in December?