News
Latest News
news bulletin
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Other News
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Beirut
26
o
Bekaa
27
o
Keserwan
29
o
Metn
29
o
Mount Lebanon
26
o
North
27
o
South
25
o
Live
Video
Audio
Schedule
shows
العربية
watching now
Lebnan bi Ossa
SUBSCRIBE
Home
Notification
Live
Video
Audio
shows
Beirut
26
o
Bekaa
27
o
Keserwan
29
o
Metn
29
o
Mount Lebanon
26
o
North
27
o
South
25
o
News
Programs
The News
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Programs
Series
Movies
Documentaries
Variety
Comedy
Talk Show
News Bulletin
Sports
Breaking News
Latest News
Highlighted News
Most Read
Videos
العربية
Watch the latest programs and the latest developments on your favorite screen
Shows
Join millions of followers
Who We Are
Contact Us
Advertise With Us
Careers
Channel frequencies
Privacy Policy
Terms and Conditions
Increase in wage and transport allowance approved for private sector
News Bulletin Reports
13-01-2023 | 08:33
High views
Share
Share
3
min
Increase in wage and transport allowance approved for private sector
As expected, the Index Committee, consisting of the Ministry of Labor, economic agencies, and the General Labor Union, approved raising the minimum wage in the private sector from LBP 2,600,000 to 4,500,000.
It also approved Increasing the value of the daily transport allowance from LBP 95,000 to LBP 125,000 and doubling family compensation three times from what it was, i.e., LBP 180,000 for the wife instead of 60,000, and LBP 100,000 for each child instead of 33,000.
In addition to doubling scholarships three times, i.e., LBP 3 million instead of one million annually for each student in public school or university, and LBP 6 million instead of two million pounds annually for each student in private school or university. Moreover, it approved the inclusion of scholarships for three children instead of two.
However, the end-of-service compensation, which value has eroded with the currency's deterioration, is another significant issue that affects employees in the private sector.
Therefore, to protect employees, the Index Committee agreed to ask the National Social Security Fund (NSSF) to mandate retirement pensions rather than end-of-service pay.
All of these increases require government decrees, which raises the question of whether or not they will be implemented in light of the current political controversy over the constitutionality of cabinet meetings.
Indeed, these raises have currently been approved for employees in the private sector. Still, Caretaker Labor Minister Moustafa Bayram emphasized that work is ongoing to extend these raises to those in the public sector as well.
The agreed increases are undoubtedly insufficient, especially given that the General Labor Union has proposed a minimum wage of LBP 20 million. Still, there are constraints on what can be done, and the economic situation prevents it.
However, experts believe this figure is a high ceiling and could result in the closure of many institutions. Thus, these increases represent a compromise.
Breaking Headlines
Lebanon News
News Bulletin Reports
Lebanon
Lebanese
Money
LBP
USD
Labor Minister
Employees
Private Sector
Salaries
NSSF
Next
Israeli army plans to reinforce border with Lebanon, prepares for withdrawal from Western sector
Recommended For You
d-none hideMe
0
News Bulletin Reports
14:18
EU ambassador says 'we are not just donors, but genuine partners to Lebanon': Insights from exclusive LBCI interview
News Bulletin Reports
14:18
EU ambassador says 'we are not just donors, but genuine partners to Lebanon': Insights from exclusive LBCI interview
0
News Bulletin Reports
13:08
Path to Lebanon’s banking reform law remains slow and challenging — The details
News Bulletin Reports
13:08
Path to Lebanon’s banking reform law remains slow and challenging — The details
0
News Bulletin Reports
13:00
Trump 'blindsides' Netanyahu with Saudi nuclear green light: Is Israel losing its influence over US Mideast policy?
News Bulletin Reports
13:00
Trump 'blindsides' Netanyahu with Saudi nuclear green light: Is Israel losing its influence over US Mideast policy?
0
News Bulletin Reports
2025-05-08
Lebanon's state takes action: Illegal kiosks at Beirut Port removed after 11 years of violations
News Bulletin Reports
2025-05-08
Lebanon's state takes action: Illegal kiosks at Beirut Port removed after 11 years of violations
Subscribe to our VOD
SUBSCRIBE
Our visitors readings
d-none hideMe
0
Lebanon News
09:16
Man in his thirties dies in paragliding accident over Jounieh
Lebanon News
09:16
Man in his thirties dies in paragliding accident over Jounieh
0
Lebanon News
11:33
Paragliding fatality in Sahel Aalma: Instructor flees after man falls to death — Here’s what we know so far
Lebanon News
11:33
Paragliding fatality in Sahel Aalma: Instructor flees after man falls to death — Here’s what we know so far
0
World News
10:18
Kremlin denounces Europe's 'confrontational' attitude towards Russia
World News
10:18
Kremlin denounces Europe's 'confrontational' attitude towards Russia
0
World News
04:55
Strike on Sudan's Darfur kills 14 members of one family, rescuers say
World News
04:55
Strike on Sudan's Darfur kills 14 members of one family, rescuers say
Videos
d-none hideMe
0
News Bulletin Reports
14:18
EU ambassador says 'we are not just donors, but genuine partners to Lebanon': Insights from exclusive LBCI interview
News Bulletin Reports
14:18
EU ambassador says 'we are not just donors, but genuine partners to Lebanon': Insights from exclusive LBCI interview
0
Lebanon News
2025-04-23
US envoy Morgan Ortagus hails Lebanese diaspora, says country stands at a crossroads
Lebanon News
2025-04-23
US envoy Morgan Ortagus hails Lebanese diaspora, says country stands at a crossroads
0
Lebanon News
2025-04-08
Morgan Ortagus urges Lebanon to pass banking reforms to restore financial trust
Lebanon News
2025-04-08
Morgan Ortagus urges Lebanon to pass banking reforms to restore financial trust
0
Lebanon News
2025-04-06
LBCI Exclusive: US envoy Morgan Ortagus reveals US vision for Lebanon’s stability and disarmament – full interview transcript
Lebanon News
2025-04-06
LBCI Exclusive: US envoy Morgan Ortagus reveals US vision for Lebanon’s stability and disarmament – full interview transcript
0
Lebanon News
2025-03-23
LBCI's Pierre El Daher bids farewell to Hoda Chedid: You will always be our guiding light
Lebanon News
2025-03-23
LBCI's Pierre El Daher bids farewell to Hoda Chedid: You will always be our guiding light
0
Middle East News
2025-03-19
Israeli official urges international support for Lebanese government and army
Middle East News
2025-03-19
Israeli official urges international support for Lebanese government and army
0
Lebanon News
2025-02-23
Israeli aircraft fly at low altitude over Beirut during Hezbollah's former leaders funeral
Lebanon News
2025-02-23
Israeli aircraft fly at low altitude over Beirut during Hezbollah's former leaders funeral
0
Lebanon News
2025-02-23
Coffins of Sayyed Hassan Nasrallah and Hashem Safieddine enter Sports City Stadium (Video)
Lebanon News
2025-02-23
Coffins of Sayyed Hassan Nasrallah and Hashem Safieddine enter Sports City Stadium (Video)
0
Lebanon News
2025-02-23
Tens of thousands gather at Sports City Stadium for farewell to Hezbollah’s former leader Nasrallah (Video)
Lebanon News
2025-02-23
Tens of thousands gather at Sports City Stadium for farewell to Hezbollah’s former leader Nasrallah (Video)
Most read
d-none hideMe
24 hours
7 days
Month
1
Lebanon News
09:16
Man in his thirties dies in paragliding accident over Jounieh
Lebanon News
09:16
Man in his thirties dies in paragliding accident over Jounieh
2
News Bulletin Reports
14:18
EU ambassador says 'we are not just donors, but genuine partners to Lebanon': Insights from exclusive LBCI interview
News Bulletin Reports
14:18
EU ambassador says 'we are not just donors, but genuine partners to Lebanon': Insights from exclusive LBCI interview
3
Lebanon News
11:33
Paragliding fatality in Sahel Aalma: Instructor flees after man falls to death — Here’s what we know so far
Lebanon News
11:33
Paragliding fatality in Sahel Aalma: Instructor flees after man falls to death — Here’s what we know so far
4
News Bulletin Reports
13:00
Trump 'blindsides' Netanyahu with Saudi nuclear green light: Is Israel losing its influence over US Mideast policy?
News Bulletin Reports
13:00
Trump 'blindsides' Netanyahu with Saudi nuclear green light: Is Israel losing its influence over US Mideast policy?
5
News Bulletin Reports
13:08
Path to Lebanon’s banking reform law remains slow and challenging — The details
News Bulletin Reports
13:08
Path to Lebanon’s banking reform law remains slow and challenging — The details
6
Lebanon News
05:35
81 municipalities win unopposed in North Lebanon and Akkar
Lebanon News
05:35
81 municipalities win unopposed in North Lebanon and Akkar
7
World News
08:08
Trump: I am pleased to announce that India, Pakistan agreed to an immediate ceasefire
World News
08:08
Trump: I am pleased to announce that India, Pakistan agreed to an immediate ceasefire
8
World News
15:05
US embassy in Kyiv warns of 'potentially significant' air attack
World News
15:05
US embassy in Kyiv warns of 'potentially significant' air attack
Download now the LBCI mobile app
To see the latest news, the latest daily programs in Lebanon and the world
Google Play
App Store
We use
cookies
We use
cookies
to make
your experience on this
website better.
Accept
Learn More