Public servants earning less than $500,000 to enjoy year end bonus

Last Updated on Monday, 14 December 2015, 16:59 by GxMedia

The Government of Guyana will be paying out a year-end bonus to public service employees, who earn less than $500,000 per month, the Ministry of the Presidency announced Monday.

This announcement was first mentioned by President David Granger, late last week, during a recording of the television show, The Public Interest.

In the seven months since the new Administration took Office, public servants earning over $50,000 received between a 15 and six percent salary increase, with those on the lower end of the scale receiving the higher percentage increase. Additionally, the minimum basic salary was increased to $50,000 from $42,703 and those who had still been receiving the older minimum wage of $39,540 were also brought in line. These increases were all catered for in the 2015 National Budget.

The Ministry of Finance is expected to provide a detailed release on year end bonuses shortly.