RK’s Security Services says it will be forced to pull its guards from government locations in the interior regions from next month due to the loss it is suffering as a result of the implementation of the new statutory minimum wage for private workers.
According to Chief Executive Officer Roshan Khan, the company is currently losing around $1 million per month and it would be unable to continue to execute the contracts for security services in regions 1, 7, 8 and 9 unless the government can pay the difference resulting from the minimum wage increase, which became effective from January.
