The Impact of the Wage Freeze on Business/Civil Service in Zambia
DOI:
https://doi.org/10.18034/ra.v4i2.304Keywords:
Civil Service, Local Business, Wage freeze, ZambiaAbstract
The two year wage freeze imposed by government on public service workers will Impact them negatively while the business community will suffer reduced levels of income. The concept of a wage freeze for public sector workers makes for good politics; however, the Economic effects of doing so can be far more damaging. While the current economic situation is in obvious disrepair, we must remember that the current economic situation was caused by factors much more profound than the cost of wages and benefits for public sector workers. The Introduction of the wage freeze by the government has been received with fixed feelings by the people of Zambia. While the wage freeze will result in increased funds to the treasury that can be channeled to the basic social services and investment in public infrastructure, the public and the civil service, the business and the economy will be affected negatively in various ways.
Downloads
References
Downloads
Published
Issue
Section
License
ABC Research Alert is an Open Access journal. Authors who publish with this journal agree to the following terms:
- Authors retain copyright and grant the journal the right of first publication with the work simultaneously licensed under a CC BY-NC 4.0 International License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of their work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this journal. We require authors to inform us of any instances of re-publication.