Private sector salaries growth at 11-year low

Business Daily | by Constant Munda

Average earnings for workers in the private sector grew at the slowest pace in 11 years, as firms resumed hiring and kept a lid on wage costs in a recovering economy.

The findings of an annual economic survey by the Kenya National Bureau of Statistics (KNBS) show private companies raised average monthly pay by 2.24 percent to Sh69,102 last year compared with 3.97 percent to Sh67,585 the year before…

Read more…



Please enter your comment!
Please enter your name here