The Private Sector Commis-sion (PSC) has raised concerns about government’s reluctance to renegotiate contracts already approved to accommodate wage differences since the implementation of the new minimum wage.
“It must be clearly understood that the increase in the minimum wage will result in increased costs for businesses and at least some of those costs will have to be passed on to their customers if the businesses are to remain viable,” the PSC said in a press release on Friday, while calling on government to consider renegotiating the affected contacts in a timely manner.
Only recently, owner of RK’s Security Roshan Khan announced that his company would terminate all of its
